ENJUSDT - Bullish symmetrical triangle?
To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = Bull (HH, HL), currently consolidating
Notes:
- Currently trading in a range between D1 S/R
- Forming symmetrical triangle on 4H
- On D1 respecting the 20EMA nicely as support
- Low volume, uptrending RSI
Ideas:
- Symmetrical triangle can breakout both ways, however due to previous uptrend, bullish breakout more likely. Would enter trade on the breakout/confirm candle [LONG]
Trend = Bull (HH, HL), currently consolidating
Notes:
- Currently trading in a range between D1 S/R
- Forming symmetrical triangle on 4H
- On D1 respecting the 20EMA nicely as support
- Low volume, uptrending RSI
Ideas:
- Symmetrical triangle can breakout both ways, however due to previous uptrend, bullish breakout more likely. Would enter trade on the breakout/confirm candle [LONG]
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