ENS/BTC looks BULLISH. Potential Breakout/Retest

Updated
Not much else to say. I don't tend to use diagonal lines much anymore, but I was taught that when PA breaks up from a rising wedge instead of down, that can lead to parabolic gains.
this chart is already looking pretty parabolic, so I guess that's just continuation.

Looks to me like it's retesting recent resistance to see if it can flip to new support.

Just an idea, and totally dependent on BTC continuing to be boring. If BTC rips, obviously this idea is ruined.

happy trades,
CD
Note
Bingooo. Nice 14% bounce off off the 3rd retest
ALTbreakoutBTCBullish PatternsChart PatternsENSTechnical IndicatorsTrend Analysis

Also on:

Related publications

Disclaimer