ANALYSIS 🔎
- ENJ/USDT was consolidating in a symmetrical triangle pattern.
- Price brokeout above the symmetrical triangle's inclined resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: possible retracement.
TARGETS 🎯
- Horizontal resistance level (@2.318).
- Horizontal resistance level (@4.000).
- Fibonacci extension level 1.0 (@5.054).
SETUP INVALIDATION ❌
- Breakdown below the previous swing low support.
- ENJ/USDT was consolidating in a symmetrical triangle pattern.
- Price brokeout above the symmetrical triangle's inclined resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: possible retracement.
TARGETS 🎯
- Horizontal resistance level (@2.318).
- Horizontal resistance level (@4.000).
- Fibonacci extension level 1.0 (@5.054).
SETUP INVALIDATION ❌
- Breakdown below the previous swing low support.
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.
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.