We continue to rise higher and higher and higher and higher. I think there's still another lake uh up for engine coin against bitcoin i'm banking on another lake higher. So, at this point of time, yeah we have been quite overbought, doesn't mean we can't go even more overbought uh for engine coin. We are still banking for more uh to come for engine coin and so yeah. I i wish that uh, you know, engine coin could build. A bigger solid base was uh before you know really going on a true blue blue season, but um yeah. It is what it is uh we broke, the skinny pink line, we corrected, and then we continue breaking towards the upside. That is the uh move that engine coin has made uh. It is not particularly something which i would consider. As you know, a high quality move. Yeah, but it is a move nevertheless, and so engine coin has started spiking out from the skinny pink line so yeah. I don't think this is a true bull run yet, assuming that we will correct eventually it's just that right now on the rsi, we are not particularly overbought, and neither are we oversold, i'm banking, almost going slightly higher first before seeing some sort of a correction. So this is actually a sustainable move. Why? Because every time we rise, we correct almost back to the square one. Yes, we rise almost back to square one. We rise almost back to this is the head and shoulders.
You see this left shoulder head right shoulder boom and then we are back so right now. I think we are in some sort of a consolidation for another move towards the upside. So i think engine coin has more upside to come. Uh yeah it's, just not as vertical yeah as uh 26 of fabry, two zero one nine one year ago it was when you move. It was very vertical poom poom, boom very vertical. That verticality has already disappeared, it's really yeah the strength of the move. This is a very low strength, move in my opinion and so yeah we're going to be rushing into anything until we are absolutely sure so. Let'S just stay patient and um yeah. I think there's still a little bit more for energy. I might just take a very small trade for engine coin towards the upside, but we're gon na have to see how things go. Alright, so let's check out engine coin against usd, but before that please give this video a like. If you enjoyed it subscribe to the channel – and let me know what you think about engine coin – in the comments below so for engine coin against uh usd – we were saying uh for a long time. Engine coin has been forming some sort of a squeeze over here. It'S, an a b c d, i think we're gon na form an e. Hopefully we get an e first uh before we uh go full on boo for engine coin, so yeah i'm still waiting for that to happen, whether if it happens or not, it's another story but uh, i think we're gon na eke out a little bit more.
You know we're gon na go slightly higher first before returning back down. Hopefully we do not go higher than 25 cents, because if we go higher than 25 cents, i'll be so disappointed, because this will no longer be an abcd. This would be something else already. So um we're at 17 cents – hopefully we break it into iron or 20, maybe not 20 cents, 19 cents. Maybe – and after that we start reversing. That would be brilliant, excellent, but um yeah it's all up to the wheels. If the wheels decide to go any higher. It'S up to them – and this is just going to be something else and yeah – we just have to adapt accordingly, but i think that engine coin should be breaking towards the upside fairly soon fairly. Soon we should be seeing something happening so yeah something happening has seen a correction. We would like the correction we have. We have been waiting for a correction for the longest time ever so yeah we're still going to be staying patient. I think it will come and yeah yeah we're just going to be patient all right yeah. I guess that's it for my engine, quite technical analysis. Thank you very much for watching. I hope you enjoyed it.