A symmetrical triangle has been forming throughout the past two weeks that looks bullish. Even with decreasing volume price is holding and forming higher lows. Hopefully if Bitcoin can behave for a couple more weeks ENJIN might be able to breakout of this pattern to the upside. Remember to always take profit when you can and move your stop losses to break even! Happy Holidays everyone.
Note
Seems like this thing just popped. If we can hold about the 200da moving average we should see some decent moves upwards the next few days. Mind you that trading anything against Bitcoin can still bite you in the butt... take profits and adjust your stop losses as always.
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