Yuriy_Bishko

ENJ, big volumes on every drop, why is that a good thing?

Long
Yuriy_Bishko Updated   
BINANCE:ENJUSDT   Enjin Coin / TetherUS
A trend line has formed on the ENJ chart, which is currently acting as resistance. It is worth noting that with every drop the volume increases, which is a good signal that the big players are picking up liquidity. A breakout of the trend line could be a good buying opportunity.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Trade closed: target reached:

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