marcosdaunte

Enjin (possible-breakout)

Long
BINANCE:ENJUSDT   Enjin Coin / TetherUS
I've been charting Enjin, and it seems positioned for a breakout soon. In order to see ALL of my findings though, you'll have to change the timeframe just a bit.
On the 1-day chart we are on the bottom of an ascending-channel; currently coming off of-a-third touch on the bottom-line of an ascending-triangle. The price target (low) of $2.30-$2.50 was just met; I posted the idea early Saturday morning on the 3-hour chart. On the smaller scale, the 15-minute chart shows a three-rising valleys chart pattern. This pattern is not as clean and "pretty" as I would like it to be, but it still shows indications of an over-all change to the price trend (which is promising for the ascending-triangle, and so on and so-forth.) I'm using Thomas Bulkowski's teachings for this set-up, as I use this strategy for my personal trading (along with others.)

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