Ripe for a big move!

EnjinCoin (ENTBTC) looks ripe for another nice move upwards.

Price already jumped a staggering 82% on 28 Sept and has been gracefully retracing back to support ever since and is now resting just above the Fib 50% level, which is also a previous support/resistance level AND is just above the daily 20 EMA.  That's some pretty good support.  Price is narrowing in on the triangle and we're likely to see a breakout of the triangle fairly soon.

Reasons for taking this Trade

• Retest of support/resistance level
  
• Daily 20 EMA support
  
• Fib 50% level
  
• Stoch RSI close to switching upwards
  
• Low volatility above should make target easy to reach with good risk to reward
  

Trade Management
Exchange: Binance
Entry : 780 - 825 sats
SL: 710
TP: 1283


Good luck and trade safe!