Okay - If you didn't know ENJ has pumped due to Samsungs press release and the fact they are releasing the Unity SDK shortly... BIG THINGS :D
Secondly, I have done a quick look over the chart and see this in play
There is a H+S in play on the 1h time frame which brings into a Trend change (Potentially, as its wonky) - Yet there is also a double bottom in play
So this could seemingly go either way, however due to the recent news and traction - I am more bullish than bearish, Yet you have to take into consideration of the recent 2 - 300% this has already done...
I will be looking at making an entry at my marked area, and keeping my SL tight - I have it at 8 - 10% this would be the maximum I will have - For those looking for a quick scalp, sell at marked area 1, for those who are more willing to hold - Look for area 2, that's where I'm going...
I say it like that, because no matter how often people are told they always blindly follow if they like what they see... This is in no means a signal for you alll to follow blindly, this is risky at this point, and it is Crypto, it can drop just as fast as it rises...
As always DYOR...
Secondly, I have done a quick look over the chart and see this in play
There is a H+S in play on the 1h time frame which brings into a Trend change (Potentially, as its wonky) - Yet there is also a double bottom in play
So this could seemingly go either way, however due to the recent news and traction - I am more bullish than bearish, Yet you have to take into consideration of the recent 2 - 300% this has already done...
I will be looking at making an entry at my marked area, and keeping my SL tight - I have it at 8 - 10% this would be the maximum I will have - For those looking for a quick scalp, sell at marked area 1, for those who are more willing to hold - Look for area 2, that's where I'm going...
I say it like that, because no matter how often people are told they always blindly follow if they like what they see... This is in no means a signal for you alll to follow blindly, this is risky at this point, and it is Crypto, it can drop just as fast as it rises...
As always DYOR...