Enjin ENJ First Double Of This Altseason! Bitcoin Cash Setup!
Bitcoin cash just exited the red zone yesterday on the tails of finding support for over a week on a 3 month old pivot point. This makes BCH a very nice setup and there should be a solid upside over the next weeks and months. ENJ has doubled since our entry point and that makes it the first of many this season since we are so oversold across the board. Ethereum is playing with the first weekly resistance that it ever faced so there could be a temporary pullback here, but overall that is an amazing show of strength. Just so you know, we only exit the red zone once or twice a year so to see this many alts exiting is a BIG deal. There are opportunities happening now that we won’t see for months and months. It is very exciting! Bitcoin is still trading inside the wedge, but we nearly touched both sides today. It won’t be more than a few more days until we break out one side or the other. We are watching that closely.
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