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AndyTheKing

ENJ/BTC - Only a matter of time (100% upside)

Long
Enjin Coin / Bitcoin (BINANCE:ENJBTC)  
AndyTheKing  
BINANCE:ENJBTC   Enjin Coin / Bitcoin
Trend Analysis Chart Patterns Technical Indicators
7
2
trendanalysis chartpattern indicator
I see a low risk, high reward trade setting up here for ENJBTC.

Reasons for the trade:
  • Full retrace completed. Support/accumulation zone established.
  • Divergences in histogram, Willy and OBV.
  • Double bottom market structure formed on daily.
  • Huge VPVR void that needs filling. Once the POC @ ~917 is cleared, price will move quickly.
  • BTC dominance chart looks topped, I'm predicting capital to flow back into altcoins over the next few weeks.

Patience will be rewarded.
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