The fib resistance fan go respected really well on ENJ. So right now we are hitting resistance and will most likely see a small retracement. Either to the formed channel (support yellow) or actually to the 0.61 fibs. From there we should see movement up, here again the classic resistance lines are the ones to watch out for and the fibs too. Looking at RSI we can overlay the projected movement and see a higher chance of it moving that way as well.
Short term - short.
Mid term - long.
Short term - short.
Mid term - long.
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Get access to the MyAlgo Indicator:
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Join our Discord under
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Follow me on Twitter under
twitter.com/KongBTC
mkast.io/pricing
Join our Discord under
discord.gg/9gNwXHd
Follow me on Twitter under
twitter.com/KongBTC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.