ENJBTC trade ideas
ENJ pivot point; watching closely for directional trendI know I've got that chart tatted-up like an inmate, but these trend lines give us a good indication of what kind of support/resistance we're looking at moving forward. The mid-term support line I calculated seems to be holding up despite a good amount of sell pressure, and this incoming squeeze will test it further. With some momentum or a news catalyst I could really see this taking off any day now -- chart looks great from multiple frames.
ENJ potential breakout [BTFD]ENJ seems to be bottomed out of the falling wedge, as teh ABCDE correction seems to be done.
It has very strong support lines, and with the upcoming new exchange list on the 9th of April, I think it has good potential to break out of the falling wedge and initiate a bullish flag.
ENJBTC Wants to pop out!$ENJ looks interesting.
Update
- Stoch looks good.
- RSI Starting to move up.
- Bollinger bands are starting to narrow, ready to pop out.
- MACD is moving up
- New exchange listing tomorrow.
This is not a financial advise, just a Noob doing some TA!
Lets see how it all plays out.
Charted-With-Love
Coinshodler