ENG/BTC! ENG has formed an ascending triangle
( bullish pattern
) but it is currently in a downtrend trend inside of the ascending triangle
on the day chart. On the 4hour chart a rising channel
was formed and is breaking to the downside of the overall pattern which confirms my technical analysis
for me. Our current resistance is at .00006661 and my first support target is at or around the area of .00005846 I am waiting to see a bounce. As of now I'm waiting for my support to be tested. Please let me know what you think of my technical analysis
and thank you.