ENG Breakout of Falling Wedge

By myceliium
Updated
ENGBTC is poised for a reversal at this price level. After massive selling it seems that the sellers are exhausted and buyers are ready to rally. Price is testing the upper Bollinger Band and WVF indicates a possible bottom here. The order book is light so this is a dangerous one (low liquidity, high volatility) but should be an interesting one to ride. Entry <5500 would likely have decent returns
Comment
Still waiting for confirmation. Optimal entry is now <5300-5400
Trade active
Its going!
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