Enjin Coin (ENJ) with bearish divergence on weekly RSI - danger?
Enjin Coin (ENJ) with bearish divergence on weekly RSI - danger?
A similar bearish divergence can not be seen on the OBV - that looks stable.
If we don't see higher highs with higher RSI peaks it might come to a longer correction.
But here the weekly MA Ribbon (green line) is a well respected support 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
A similar bearish divergence can not be seen on the OBV - that looks stable.
If we don't see higher highs with higher RSI peaks it might come to a longer correction.
But here the weekly MA Ribbon (green line) is a well respected support 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.