ENJ/BTC is looking like a great swing trade on this falling wedge. I will be accumulating slightly above the support level and holding for a breakout as it is getting close to the end of the wedge. The 1H indicators look pretty bullish and the 4H is pretty neutral.
Entries: 4,000-4,260 sats
Stop Loss: 3,900 sats
Targets: 4,350 - 4,600 - 4,950 - 5,200
Entries: 4,000-4,260 sats
Stop Loss: 3,900 sats
Targets: 4,350 - 4,600 - 4,950 - 5,200
Note
First two targets hit for 15%! I personally sold around 4,500 and I am waiting for a dip. The 4H still looks very good so I will try and accumulate around support at 4,300-4,350 satsNote
As I mentioned, I was setting buy orders around 4,350 sats to buy back in. Right now ENJ bounced exactly on the 0.5 fib level (4,336 sats). I am back in this and I think we can see a possible run to 4,600. If we break that we may get close to seeing our 5,000 sat targets. 
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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.