It may depend heavily on how BTC performs, but im feeling pretty bearish on ENJ as it stands.
As the title states, ENJ rejected off the resistance almost perfectly while simultaneously reaching the top of its range; on the dot, i might add.
Personally im looking for short entries on ENJ. But as always.. time will tell.
If this continues to sit sideways and isnt able to create a higher high, i expect it will fall back down to the bottom of its range before making progress upwards.
@b82161, not at all, not every trade goes as planned. But were still in the channel.
AomoriAkuma
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@b82161, also.. it followed channel a little farther than i anticipated but... press play.
MaureenRovitaSwanston
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Good content
AomoriAkuma
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@AndrenHowards, thanks mate!
b82161
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It couldn't be because btc is down . Of course it could enj bullish
AomoriAkuma
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@b82161, i wouldnt be so sure, ENJ one of the alts that has failed to break trend up. and is currently testing resistance while also reaching the top of its channel.