Looking at Crypto. There is a nice ascending triangle forming in Enjin against USDT. With a price of 0.30 as entry and target 1 as 0.38 it would be a nice little 26% pickup with no leverage people.
I would put a stop around that 0.2790 level
In this market you need to minimise your downside
Price = 0.3066
Target = 0.38 then re-evaluate based on RSI when you hit it
RSI = 52 so hovering above that 50 range.
Volume is tailing off as the ascending triangle forms.
STO is 52 as well and looks ready to bounce up.
I would put a stop around that 0.2790 level
In this market you need to minimise your downside
Price = 0.3066
Target = 0.38 then re-evaluate based on RSI when you hit it
RSI = 52 so hovering above that 50 range.
Volume is tailing off as the ascending triangle forms.
STO is 52 as well and looks ready to bounce up.
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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.