Enj ready to move up again

ENJBTC

Komentarz:

Hr 1 is slowly but steady ramping up, forming an ark, its important that we start trading above the white EMA. After that look for a break down of the ark trendline.

Komentarz:

Price is respecting the ark, and now we are trading above the EMAs
W partterm has formed in the StochRSI

Komentarz:

We have broke to Important level if Resistance, Ark + Descending trendline, WE are in a daily TD sequential 2 green trading above 1, which is theory is a nice entry!

Komentarz:

Ascending triangle breakout.

Komentarz:

I decided to apply Elliot wave to the break out of the triangle. As long we are not trading bellow wave #4 the theory stand.