I am a bit sentimental, when it comes to projects I like and believe in but at the end of the day trading is just chart to me.
ENJIN's inability to break higher back into the channel was an opportunity to go short and I did.
At this chart you get to see the most likely scenario as well as the worst case scenario.. You also get to see the 'good' scenarion in which the price just gets back into the ascending channel and rises higher. Unfortunately at this very moment that third/good scenario is the less likely one.
Again, most likely the 0,462 is a good entry for a new Long. Thus this idea goes as Bullish .
Unfortunately, that little Push Higher never came:
It will happen eventually so patience now and remmeber to short something even if you really like not to.