I see a low risk, high reward trade setting up here for ENJBTC.
Reasons for the trade:
Patience will be rewarded.
Reasons for the trade:
- Full retrace completed. Support/accumulation zone established.
- Divergences in histogram, Willy and OBV.
- Double bottom market structure formed on daily.
- Huge VPVR void that needs filling. Once the POC @ ~917 is cleared, price will move quickly.
- BTC dominance chart looks topped, I'm predicting capital to flow back into altcoins over the next few weeks.
Patience will be rewarded.