As it was finishing its Elliot correction waves a Descending wedge pattern formed on $ENG /BTC, it has broken out of the top resistance of the wedge.
Showing bullish divergence on the MACD (orange line), we are looking to break out of the ichimoku cloud as confirmation (green circle).
I’m looking at 30800 as a short term target and watching to see if it tests the all time high.
Showing bullish divergence on the MACD (orange line), we are looking to break out of the ichimoku cloud as confirmation (green circle).
I’m looking at 30800 as a short term target and watching to see if it tests the all time high.
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