There is an analysis update.
Falling wedge on ENJ/USDT crypto pair.
According to Elliott Waves theory all the waves are done.
After a huge and continuation falling, price could break local resistance zone .
However according to global situation on the market price is bouncing from next resistance.
Now according to the technical analysis price has drawn double bottom pattern on a smaller frame.
So follow the chart and look for the breakout carefully.
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Feel free to leave comments✉️
And always remember: "we don't predict, we react".
Falling wedge on ENJ/USDT crypto pair.
According to Elliott Waves theory all the waves are done.
After a huge and continuation falling, price could break local resistance zone .
However according to global situation on the market price is bouncing from next resistance.
Now according to the technical analysis price has drawn double bottom pattern on a smaller frame.
So follow the chart and look for the breakout carefully.
_____________________________________________________
If you enjoy my FREE Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".