When BTC had that little pump action shotgun a minute ago, most alts suffered terribly. ENG took just a small loss, and has started recovering quicker and harder than all the rest. We have a support at 1600sats that we need to stay above, and then should have a good chance of breakup up past the .618 fib into better gain territory. Will update with better chart as we progress.
Note
two hours later, still stuck around 1600. Should break up after this next candle, especially with btc failing to stay above 15k for too long at a time. Hodl tight, will update againNote
had a big fall with BTC going up early this morning, but recovering nicely now. Get ready for Bull runNote
The large and fast rise of BTC today has stunted the possible growth of ENG, although not enough to stop it from making a decent recovery. We still need Bitcoin to calm TF down, but ENG is still looking okay atm for a good entry point, if you want to catch the gainz in like 2 or 3 daysNote
The large and fast rise of BTC today has stunted the possible growth of ENG, although not enough to stop it from making a decent recovery. We still need Bitcoin to calm TF down, but ENG is still looking okay atm for a good entry point, if you want to catch the gainz in like 2 or 3 days
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.