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