Hi every one
ENJIN COIN / TETHERUS
ENJ has recently Broken out of an ascending Triangle and now the price is ready to increase as much as the Measured price movement (AB=CD) . as you can see if we put the Crab pattern on the chart we can see that the last bullish movement of this pattern has yet to finish and the Expected price for both patterns (Ascending Triangle and crab) are near each other which is around 2.2$ . pay attention to Ex ret which is 1.618 this means the crab pattern is pretty reliable .note that the price is doing a pullback to the Top of the Triangle which is It's new support. after that the way to 2.2$ has no other problems.
summery:
-ENJ has broken out of an ascending triangle.
-The price can increase as much as the measured price movement(AB=CD)
-crab pattern is also telling us the bullish movement is not over .
-both pattern has same targets which sits around 2.2$
- the price is doing a Pullback to the triangle line after that It's Ready to Increase
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
ENJIN COIN / TETHERUS
ENJ has recently Broken out of an ascending Triangle and now the price is ready to increase as much as the Measured price movement (AB=CD) . as you can see if we put the Crab pattern on the chart we can see that the last bullish movement of this pattern has yet to finish and the Expected price for both patterns (Ascending Triangle and crab) are near each other which is around 2.2$ . pay attention to Ex ret which is 1.618 this means the crab pattern is pretty reliable .note that the price is doing a pullback to the Top of the Triangle which is It's new support. after that the way to 2.2$ has no other problems.
summery:
-ENJ has broken out of an ascending triangle.
-The price can increase as much as the measured price movement(AB=CD)
-crab pattern is also telling us the bullish movement is not over .
-both pattern has same targets which sits around 2.2$
- the price is doing a Pullback to the triangle line after that It's Ready to Increase
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Trade closed: target reached
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t.me/CobraVanguard
✨Get access to the private club with VIP signals:
t.me/Sinakobraei
🌎Social Media links :
linktr.ee/CobraVanguard
🤍Trade where I Trade:
CoinEX👉 rb.gy/yd2r9v
