EnergyCoin has reached the all-time high, hitting $0.54, and corrected down sharply. The decline resulted in a 81% loss against the USD and was stopped at $0.1.
At the bottom, the RSI Oscillator formed the bullish divergence suggesting the upcoming wave up. Price started to move higher and broke above the descending channel, 200 Moving Average and 2/1 Gann Fan...
I have this coin on my watchlist for two months, a member wrote me a message with the request to make an analysis. So I do..
Classic structure of coins on the bottom ready to rise to previous highs + active and good development = is our basis!
MACD: Is hunching up
RSI: Is rising
STOCH: Is rising very strong
EnergyCoin has been bouncing off the uptrend trendline as well as 200 Moving Average for an extended period of time and recently has spiked up as expected. ENRG/USD went all the way up to $0.55 from $0.07 support, resulting in over 600% growth.
Price corrected back and currently is rejecting the downtrend trendline which previously acted as a resistance, but...
scamcoin/shitcoin (with very large upside)
If you are thinking about investing in this coin wait a few weeks for the price to drop or wait for a major anouncement.
good buy price is around:
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I've been looking at EnergyCoin (ENRG) for a few days, receiving many different signals. I already received many messages asking me to review this coin, to analyze the charts for a possible trade... Well, here it is, this is your exclusive trade for EnergyCoin. Exclusive, because this trade is being analyzed exclusively for you.
Seeing how the altcoins react to...