May 12, 2021
ENJ has been in a consolidation pattern with respect to Bitcoin. Now, we are in a position to break the consolidation triangle structure. Given that I believe the lower structure will hold, we seem to have two choices, either ENJ will do a clean break and gain bullish momentum swiftly, or it will enter another consolidation range and then have an explosive move upwards.
Regardless, it is an interesting entry point.
Not financial advice.
Peace!
ENJ has been in a consolidation pattern with respect to Bitcoin. Now, we are in a position to break the consolidation triangle structure. Given that I believe the lower structure will hold, we seem to have two choices, either ENJ will do a clean break and gain bullish momentum swiftly, or it will enter another consolidation range and then have an explosive move upwards.
Regardless, it is an interesting entry point.
Not financial advice.
Peace!
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。