slayer2077

ENG Bull Signals

Long
BINANCE:ENGBTC   None
Was going to look at ENG/USD but virtually the entire volume is traded in ENG/ BTC so it would be more appropriate to do it this way.

1. Out of previous downtrend from early 2018
2. Significant buy volume followed by a further increase in volume , indicative of a growing interest and greater momentum
3. Double top into obvious break from steep recent downtrend, with higher low as a strong indicator of reversal
4. Significant volume spike to break through 7000~8000 sats is needed to confirm
5. If this does not occur, it is likely to channel between 5000 and 8000 sats

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