A) If ENJ closes the daily candle above 200EMA and blue resistance then I expect a leg up to test the other border of the cloud
B) If ENJ fails to close above 200 EMA then a retrace is likely to the trendline.
A) XRP fails to reclaim the .5 fib level and falls down to a cluster of supports (200 EMA, .618 fib level) Accumulates here and goes retest .5 fib. If successfully accumulates right below or above it I then expect another leg up.
B) if XRP reclaims the .5 fib level I except XRP to regain lots of energy and may go straight up to test previous ATH.
A) If COTI does not loose the fib level, I would expect more accumulation within the triangle.
B) If closes below fib level, I would expect the price to retrace to the .5 fib level that would offer a great support and opportunity for a long setup with a good R/R
- STOCHRSI oversold ✅ +1
- price @ resistance (Blue line and red line) ✅ +0.5
Tot = 1.5
Tot < 2 -> wait more confirmation
Would love to see price going further down closer to fib 0.236 level
