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FieryTrading
Feb 2, 2021 7:45 AM

🔥 ENJ/USDT Bullish Price Action After Reversal From Support Long

Enjin Coin / TetherUSBinance

Description

ENJ has hit the lower support level yesterday. At the beginning it wasn't 100% clear if the coin would bounce from it, but with this morning's sharp rise we can safely assume that the trend direction of ENJ has been changed. Big bars with lots of volume, especially after a reversal, have strong predictive power.

On the chart I've marked a potential area of resistance, based around the last swing high. Do your own due diligence.

Happy trading!
Comments
ForecastCity_World
Great work! well done
TopTradingSignals
Great job boss as usual!
FieryTrading
ProSignalsFx
thank you for every chart here!
FieryTrading
@MountainTraderFX thanks for the support
BigLava
Great analysis. I share same view
FieryTrading
@BigLava good to hear!
TheSignalyst
what a beauty here! i like it!
FieryTrading
@TheSignalyst thank you
Fisher_Fx
bounce at the support
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