Hello dear crypto friends!
ENJ/BTC has caught my attention, since we basically 5xed in almost no time, from 1.000 to 5.000 Satoshis. The last beautiful 4H Equilibrium break-out saw more than 60% gains, leading to a nice Bull-flag on the Hourly now: It can still see some upward movement, but be cautious, since most Alt traders are aware now. The first traders who have been on the ride longer, could dump their holdings.
While those smaller coins might not be attractive for traders with bigger account sizes for their low liquidity/problem to get out quickly, it might be worthwhile if you're playing smaller Satoshi's. Have a great weekend! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
ENJ/BTC has caught my attention, since we basically 5xed in almost no time, from 1.000 to 5.000 Satoshis. The last beautiful 4H Equilibrium break-out saw more than 60% gains, leading to a nice Bull-flag on the Hourly now: It can still see some upward movement, but be cautious, since most Alt traders are aware now. The first traders who have been on the ride longer, could dump their holdings.
While those smaller coins might not be attractive for traders with bigger account sizes for their low liquidity/problem to get out quickly, it might be worthwhile if you're playing smaller Satoshi's. Have a great weekend! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
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BLUE SKY BREAKOUT form the Bull Flag! Already above 15%. If you're playing this, take profit on important psychological levels like .55 e.g.: There is no S/R levels to compare to.
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Lock in those beautiful profits step by step because consolidation will come!
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Perfect retest of break-out; watch for EQ as volume is decreasing:
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We have now made 30% Profits since the Bull-flag break up to the tops, even now it's still 25%. Alltogether, since the start of this Bull run, it has now 6xed already. Note how the volume is decreasing with each Bull candle break. => Does it have to end now? => No, but the chances of a consolidation are increasing with every break. So if you played those bull breaks, until now you should've realized at least partial/50% profits. For the case we break higher (depending on where you got triggered) you can smoothly wait until we break the uptrend on the 4H, currently coming in at .47
