ENJIN COIN (ENJ/USD) - Buy After The Breakout!
On the Daily timeframe, the price has drawn a bullish continuation pattern called Falling Wedge.
The continuation pattern is valid and active after the breakout. So, wait for a breakout confirmation on the Daily chart and the wait until the Daily candle gets a close above the pattern upper trendline.
The target is pretty high, probably you should considering take out some partial profits on the next strongest resistance levels but the pattern target is around $0.4
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Cheers!
The continuation pattern is valid and active after the breakout. So, wait for a breakout confirmation on the Daily chart and the wait until the Daily candle gets a close above the pattern upper trendline.
The target is pretty high, probably you should considering take out some partial profits on the next strongest resistance levels but the pattern target is around $0.4
Feel free to support my effort by hitting the "LIKE" button, it is my only fee from You!
Have a nice weekend,
Cheers!
Comment:
Still, wait for a breakout!