I should have posted this earlier, but didn't have the chance however it is not too late because from the current price to the wave 5-yellow target is a 100% potential. Price action is solid, the coherence between volatility and volume on the relative strength index and chart is strong as well.
Based on Elliott wave theory this spike up could definitely be the wave 3 of an impulse that could take price to $1.5.
Whatever decision you make have it in mind that this is an accumulation phase for a mid to long term gain. Be wise, do not go all in like a degenerate, delegate your portfolio and DCA for the ALT SEASON that has already began but still at the early stage.
OTHER ANALYSIS
Note
ENJUSDT up 15% in less than 24 hours from previous post. Plan remains the sameNote
you would have just noticed that ENJUSDT is following my playbook on the daily timeframe. This current price is good for re-entry, DCA on SPOT. Would you like to see the daily timeframe analysis and the invalidation level? Let me know in the comment section.
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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.