ENGY looking for some action in 2018?

Jan 2, 2018

Not much is known about BITTREX:ENRGBTC. It has been trading below the Daily EMA for quite a while and started gaining momentum early this week.
The MACD, RSI and STOCH signals shows an upward trend and volume has increased over the last few days.

Entry Range: 1350 - 1600
Stop Loss: 1150
Fibonacci Targets:

• 
  3132
  

• 
  4117
  

• 
  4914
  

• 
  5710
  

• 
  6844
  

• 
  8289
  

Lets see how this goes!

This trade is intended for my own experimentation and learning purposes.
Feedback would be very much appreciated.

Jan 2, 2018

Trade active

Trade is active @ 1400
Quite an interesting first day for my trade. Bitcoin decided to rally and make everything else bleed. Luckily ENRG held pretty strong and even stayed within the buy range.

Indicators are essentially unaffected on the Daily chart and ENRG is still looking bullish.All that is left to do now is wait for BTC to calm down and then ride ENRG to the top...

Haha well that is the hope!

Jan 5, 2018

Note

We saw some good movement yesterday and is already in 30%+ profits.
Should be an easy hold.

Jan 8, 2018

Note

Still not much going on here. Just hold it for now until it makes a move.

Jan 12, 2018

Note

Wow, we had quite a nice run over the last few days. The first target got smashed and we started facing some resistance just in front of the second target.
I'm expecting a slight pull-back down to the first target and then up again from there to target 2 and beyond.

Now would be a good time to take some profit (~50% of initial investment).

Targets:
(1) 3132 **Reached**
(2) 4117
(3) 4914
(4) 5710
(5) 6844
(7) 8289