ENJBTC 4H Long - SOS TA Fridays 28/03
Change in market structure
61.8 fib held
Waiting for a break and retest of the current 4H resistance level for long opportunities to the daily resistance
I would look to take 25% of my position off at TP's 1 and 2, with the last 50% at final TP.
I'd expect this move to take from 2-5 days depending on how BTC is moving, but ENJ is known to pump quite quickly sometimes so may happen quicker.
Conversely, if price starts to go down, I would be looking for short opportunities once we break the 4H support level.
61.8 fib held
Waiting for a break and retest of the current 4H resistance level for long opportunities to the daily resistance
I would look to take 25% of my position off at TP's 1 and 2, with the last 50% at final TP.
I'd expect this move to take from 2-5 days depending on how BTC is moving, but ENJ is known to pump quite quickly sometimes so may happen quicker.
Conversely, if price starts to go down, I would be looking for short opportunities once we break the 4H support level.
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.