Long

ENQ/BTC

Updated
Not an expert here!

I picked a random cryptocurrency on Kucoin and I came across this one. Things I like about it:

Unpumped, bullish divergences on the RSI for the monthly, weekly, and daily charts (daily shown here). Looks like it's ready to break out of this parallel channel. This may be a long term play so don't expect much out of it yet. There are so many coins pumping 50-300% on Kucoin, I feel like this will be one of them in due time. Just be patient. It'll take some news to make this go up.
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Broke out of the parallel channel last night, up 45%. I sold a small part of my bag to not be greedy, but if this is the start of the fabled altseason, then this party is just getting started. Wait for a reasonable retrace if you want in, but again. Downtrend is broken.
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I am targeting the daily cluster: around 550-650 satoshis.
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letting this ride.
ENQENQBTCTrend Analysis

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