$ENA Analysis Updates
ENA is still on the bullish path, it has a long way to go, and it is not in a hurry. After observing it for a long time, it seems that it can rise 100% in each wave, and then fall 78%, which feels a bit like a roller coaster 🎢.
But don't forget that its overall price is increasing in a step-by-step manner.
Let's take a look at its data and find out some possible movement trajectories.
At present, ENA has entered the rising parallel line interval, please see the picture. At the same time, ENA currently respects the support price of 0.3222, which means that no matter how heavy the rain is in the near future, ENA will hold at 0.3222.
If you often trade ENA, this price can be marked, which will be very effective recently.
Then on the chart, I marked the pink route and the blue route. This is ENA in the parallel interval, which I personally think is the most likely route.
When I was analyzing, the current price was 0.3732.
Pink route: From the current price of 0.3732, it rises to around 0.5326, and then falls to around 0.3754;
Blue route: From the current price of 0.3732, it first falls to around 0.3222, then rises back to around 0.5326, and then falls or rises.
No matter ENA choose which route,which is not completed immediately, and it may take about 15 days to achieve. Haha, yes. This is a preliminary estimate. In trading, patience can bring profits.
I hope my analysis is helpful for your trading analysis.
Happy trading
