ENJ/BTC is starting to get me excited. Im seeing a larger bull flag than previous ones. Oscillators have reset. Seller exhaustion ensues as RSI becoming oversold. Looks like we could see a nice rip over weekend.
I see potential inverse head & shoulders /falling wedge breakout on the 1 hr timeframe.
ENJ/BTC 1 hr chart shows me a falling wedge. RSI also shows a falling wedge. MACD is showing negative momentum is waning, signaling a move to the upside soon.
The current LTC/BTC chart tells me a breakout of a 2 year long falling wedge formation is imminent. RSI & MACD indicators also suggest a big move is close.
I see an inverse head & shoulders inside a larger inverse head & shoulders.
I see a descending broadening wedge formation(bullish pattern) on ENJIN on the daily chart. Measured move is 573% from local swing low. Target is .00002571
Cup with Handle. Stop loss set at 21.5k. Will move Stop loss up as supply lines get bought up and new support get established.