ENJ/BTC
Keep it simple!
Green box is where you buy, Orange box is where you take profit. At each profit target I take out 20% of my initial trade.
If ENJ hold the green box range and respects it as support then we can see ENJ test previous resistance levels. However, this coin has a low volume so is possible that ENJ will fall below the green box. Because of this I would have a tight stop below the green box.
It is key to note that the boxes are a range - therefore I ladder into my trades, which gives me a better entry and exit price.
Green box is where you buy, Orange box is where you take profit. At each profit target I take out 20% of my initial trade.
If ENJ hold the green box range and respects it as support then we can see ENJ test previous resistance levels. However, this coin has a low volume so is possible that ENJ will fall below the green box. Because of this I would have a tight stop below the green box.
It is key to note that the boxes are a range - therefore I ladder into my trades, which gives me a better entry and exit price.
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