#ENJBTC following the long term exponential curve
#ENJBTC Buy the dip opportunity: fractally repeating the previous structure and following the long term exponential curve, if it doesn't break under 1900 satoshis. Breaking under 1800 sat would mark a long term reversal, quite unlikely at this point I would say
The bullish scenario is not valid anymore, it didn't bounce and broke straight through the two supports @1900 and 1800 sat like in butter... I expect a bounce here (1630 sat) with probably a retest of 1800 sat. Doesn't look so good anymore in the mid term... All depends on what BTC will do. If BTC breaks through 10.500USD, then alt pairs will suffer. If BTC doesn't break, alts window will remain open. and it might reclaim the trend it was in. For the moment, the trend is invalidated, we can wait a retest of 1800 sats to sell and see what's happening from there.