Looks good on the 4H and Daily, too. I think they will catch up with the hourly. Volume incoming.
Commento:
Basing this on strong market sentiment, and the fact that it's held up so well during BTC's swings today, I see a strong bullish movement in the cards for ENG very soon. That ranging movement after a breakout is backed by healthy volume and slightly higher highs and higher lows. The RSI is breaking free as well.
The Ichimoku cloud is green, bullish and revealing a strong support area around 0.000367.
A look at the global Fibonacci retracements supplements that support line, drawn to match the lowest red 9 on the chart that I could find on the 4-hour timeframe using the TD sequential indicator:
For more info on the TD Sequential indicator, read here (courtesy of Tone Vays): tradetrekker.wordpre...ss.com/tdsequential/ (I use a variant that is slightly adjusted to accommodate for cryptocurrencies, similar to the one that Tone uses specifically to track BTC).
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The Ichimoku cloud is green, bullish and revealing a strong support area around 0.000367.
A look at the global Fibonacci retracements supplements that support line, drawn to match the lowest red 9 on the chart that I could find on the 4-hour timeframe using the TD sequential indicator:
For more info on the TD Sequential indicator, read here (courtesy of Tone Vays): tradetrekker.wordpre...ss.com/tdsequential/ (I use a variant that is slightly adjusted to accommodate for cryptocurrencies, similar to the one that Tone uses specifically to track BTC).