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dr_mt
--
Bearish
Follow
$ENA
trade is going just as planned. 🤝
It's still very early, so don't miss out!
Check the bottom post for full details. 👇
Trade
$ENA
.
dr_mt
--
Bearish
$ENA SIGNAL ALERT 🔴✨️✨️✨️
#ENA is the process of forming bearish
double top or M chart pattern which
indicates that bulls failed to break
above main resistance at 0.85-0.87,
leading towards a trend reversal
& development of bearish sentiments.
This clearly displays the loss of buyers'
interest and weakened psychology,
resulting in panick selling & sharper
price correction. This correlation
coincides on the higher TF, where we can
see that top resistance at 0.85-0.87 was
actually a retest & if bulls would've won
then it would've been a reclaim of
historical bullish structure.
However bullish case is still not ruled out
just yet and bearish trend reversal
confirmation will come only when
price crosses below 0.6 & into 0.59.
Otherwise we could potentially
expect a bounce before or at the
0.6 level, trapping early shorters.
Only make a short entry after price dips
below 0.6 level then comes for a
retest of broken support, if it dips back
down the 2nd time, then only make
the short entry.
$ENA 's path will soon unfold & either side
will open doors potentially to massive gains.
Don't miss on this price action, because
when there's fear there's opportunity.
Volatility could be your best friend
or worst enemy. Handle it with care.
Trade $ENA
DYOR
Follow me
dr_mt
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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