To make it as simple as possible, after breaking first major resistance line we formed second one lately. so i guess if we close this week candle above second major resistance line, we can see positive price action. ENJ looking promissing! GL
If we don't want another 2 years of bear market price should be corrected time by time and slowly build the trend not just parabolic x20 in a year or so. my oppinion. gl with trading boys
After a huge pump that we were waiting for (breaking weekly bearish trendline at 4200) there are many reasons to be careful on fomo and think rationally. everything is looking bullish for bitcoin but it needs time, RSI is oversold, stochrsi movement is also falling after reaching 100%, volume is going down slowly and i think we will definately test support zone...
just seriously look at this pitchfork guys. look closely how every line was respected and how we got 2 confirmation touches that this was drawn accurately. i think bot's are using enj usd info to make moves. i have noticed on ENJ/BTC strange trades when there is no fomo no fud, quick moves only point on bots who actualy use this chart and this exact pitchfork i...
Nothing much to say. this is the pattern i was trying to find, now when we have a confirmation everything gets clear. (in my opinion of course)
so this is where we must watch price action, cause every line was and will be affecting price movement. Thank you for your time and i hope you find this helpful.
P.S. i will make updates on this pattern let's see how it goes
have you seen this kind of 100% correct analysis? it just realy kissed the last resistance line. lets hope it will hold for a while, but overall this is bad picture and may cause more panic. (WE ARE STILL IN BULL PATTERN!) well before we break it hard..
this one is on binance. the same situation... we barely kissed the last resistance line. lets hope it will tank, current situation says different but it's bitcoin, you never know exactly what gonna happen. GL
just my personal oppinion. i think bitcoin has formed this kind of schiff pitchfork uptrend pattern, as i see lots of areas has been respected. i dont think we can be safe at this point now if bull whales will not come back. watch closely every move
We have a breakout on ENJ/USD. ENJ/BTC chart is more important but we saw TA works on this one too. it was respecting schiff pitchfork drown by me all this time. and now we have a breakout! maybe retest incoming but this is already getting good, lets see how bullish market can go
hello guys, this time i just tried to catch something on ENJ - USD price technical analysis, and i was surprised.
you can see this all are connected to each other. it's shown clear that even this chart was respecting schiff pitchfork lines all this time. this is so interesting to see ENJ / USD actualy was also respecting same schiff pitchfork.. i hope you find it...
hellow guys, in my opinion this is perfect place to have some rest and a small bounce.
1) it just sat on 4 H 200 moving average. that's not a joke
2) this is also 0.618 retracement on fib that is golden level
