ENJUSDT is testing the Daily Support

22 thg 2, 2022

The price is creating a descending channel on the daily timeframe and had a breakout from the dynamic support and bear flag.
Now the price is testing important daily support on 1.4$

How to approach?
We are monitoring the price, we expect a bounce around 1.6$. If the price got liquidity and the market is going to lose the current support and flip it in new resistance, we can apply our rules to open a new short position
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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  

23 thg 2, 2022

Ghi chú

The price is testing the 1.4$ as support, we could see a new bearish impulse fi the price is going to have a breakout.

24 thg 2, 2022

Ghi chú

It was a trading view request.
The price followed my drawing and after the breakout, we made more than 14% by my FREE call.
We could see a retest on the daily resistance, if the price is going to have another rejection, the next valid support is 0.90