ENJ has been lagging behind when a lot of alt coins have had some massive gains recently. Now I think it could be ENJ’s turn to make a move. You can see on the daily chart here that it is testing the neckline in an ascending triangle. If it can break the neckline the dashed lines would be areas of target prices. Hope this helps! Happy trading! -Orbit Corey
Greetings Orbitals! Recently, Bitcoin had a golden cross on the daily chart, which made it it bullish all the way up to the next resistance of 50k. Now it has failed to break to the 50k wall, so what's next? We have a few options. - Bitcoin could trade sideways between 45k-50k before making a move. - Bitcoin could make an ascending triangle then break...
I knew ADA had to eventually come and test the trend line and now it has. It is currently in an ascending triangle and testing the trend line. If it breaks out we could possibly see it go crazy again. If it breaks down I have support high lighted. It is currently trading above the ichimoku cloud on the 8hr chart which is a bullish sign. Let’s see if it can make...
Hey guys! Just wanted to give an update on VET/USD I gave an analysis of a bullish pennant on VET/USD. But, with the current market it dropped slightly but recovered and bounced nicely off some support. It has back on track to break out in the pennant. I am currently looking for between 20% - 60% profit for this trade. If the market continues to stay green...