Enjin Coin (ENJ) with bearish divergence on weekly RSI - danger?
Enjin Coin (ENJ) with bearish divergence on weekly RSI - danger?
A similar bearish divergence can not be seen on the OBV - that looks stable.
If we don't see higher highs with higher RSI peaks it might come to a longer correction.
But here the weekly MA Ribbon (green line) is a well respected support 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
A similar bearish divergence can not be seen on the OBV - that looks stable.
If we don't see higher highs with higher RSI peaks it might come to a longer correction.
But here the weekly MA Ribbon (green line) is a well respected support 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
