vfxvictor

Enj ready to move up again

Long
vfxvictor Updated   
BINANCE:ENJBTC   Enjin Coin / Bitcoin
Comment:
Hr 1 is slowly but steady ramping up, forming an ark, its important that we start trading above the white EMA. After that look for a break down of the ark trendline.

Comment:

Price is respecting the ark, and now we are trading above the EMAs
W partterm has formed in the StochRSI
Comment:
We have broke to Important level if Resistance, Ark + Descending trendline, WE are in a daily TD sequential 2 green trading above 1, which is theory is a nice entry!

Comment:

Ascending triangle breakout.
Comment:
I decided to apply Elliot wave to the break out of the triangle. As long we are not trading bellow wave #4 the theory stand.

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