#ENJ/USDT ANALYSIS

in #crypto2 years ago

image.png

#ENJ/USDT ANALYSIS

ENJ is moving in a descending triangle. It bounced with a high volume from the horizontal support and attempted to break out the descending triangle, where it faced the MA 100.

A solid breakout of the triangle would be the bullish confirmation, while a rejection would result in further consolidation inside the triangle.