Alikze »» ENJ | 1H ascending channel

١٢ سبتمبر

🔍 Technical analysis: 1H ascending channel

- It is moving in an ascending channel in the 1H time frame.

- After the formation of a triple roof in the area of ​​the canal roof, it has been modified.

- A demand has been created in the range of the green box.

- Therefore, with a short-term correction, it can grow first to the middle of the channel and then to the ceiling of the channel.

💎Alternative scenario: In addition, if the green box is broken, it can continue the correction step until the correction request area.

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ENJUSDT

١٤ سبتمبر

ملاحظة

According to the presented analysis, after turning back in the green box area and around the bottom of the channel, it has grown by more than 5% in the 1H timeframe up to the middle of the channel.

١٦ سبتمبر

ملاحظة

So the demand for the green box has grown to the middle of the channel. In the middle of the channel, it has faced selling pressure, which has led to the correction to the green box target of the bearish scenario.

٢٥ سبتمبر

ملاحظة

According to the predicted movement path, the alternative scenario after reaching the OB area met with demand, which was able to grow to the supply area.