Speaking of the passage, did you draw it yourself? The lower track is understandable, but the upper track and the dashed middle track are not very clear 🤔
莫立夏
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$ENA has partners who want to see the ENA trend, so here it is, I rarely pay attention to knockoffs, I can only look at it from a technical perspective👀
🏁4-hour level, still within the rising channel, but the top structure has already formed, neck line at 0.9935, if it can't break above here, it will continue to drop, the horizontal support at point C is 0.8543 which is the last defense level.
🏁Daily level, still within the rising channel, three tops have formed, and it has broken the neck line, creating a double top head and shoulders pattern, if it rebounds and does not break the neck line at 0.9542 and the opening price of the big bullish candle at 1.0296, it will continue to drop, the horizontal support at point A is 0.902 which is the last defense level.
🏁Weekly level, the support at 0.921 has already been tested once, this is also the support of two channels at the daily level, an effective break will lead to the next channel, with a deep pullback.
Finally, at the monthly level, if a small candlestick closes below 0.8438, then if a long upper shadow breaks, it will look a bit ugly.
In summary, the main trend is bearish.
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