Long
ENQUSDT
KUCOIN:ENQUSDT
I'm looking at ENQUSDT whether it is completing wave 2 or going lower on Daily timeframe. While RSI indicates that the pair is extremely oversold, perhaps it's a good point to enter a long position as risk/reward ratio (about 1:11) is interestingly attractive. Sto RSI crossing up is considered a good entry point, wait for it.
Wave count is invalid if the price gets lower than the previous low (0.03447). Make sure your loss is well calculated before entry.
I'm looking at ENQUSDT whether it is completing wave 2 or going lower on Daily timeframe. While RSI indicates that the pair is extremely oversold, perhaps it's a good point to enter a long position as risk/reward ratio (about 1:11) is interestingly attractive. Sto RSI crossing up is considered a good entry point, wait for it.
Wave count is invalid if the price gets lower than the previous low (0.03447). Make sure your loss is well calculated before entry.
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