Short ENSENS has formed a double top at the end of an impulse wave. You can look at this chart two ways. You can look at it as a cup/handle forming or you can look at it as a double top. Based on market conditions, this short could be a long term hold if we fall below these fibonacci retracement levels. My minimum take profit level is the first fib, but that could change if Bitcoin decides to go lower.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
