ENJIN now ? 4H Timeframe
1D Chart show clearly that Enjin is making his correction, but i see more clearly on 4H Time.
it passed under EMA100 and now this EMA Acts as a resistance.
Anyway i like this coin because of the project reality and partnerships, so a mistake shouldn't be a big problem for a long invest.
but it's always better to buy cheaper and at the good time!
i would not touch it now at 4200 before seeing clear bounce confirmation showing us that it stays in his triangle.
4000ish zone, it bounced multiple times so it can be a first small buy.
3500ish have big support on EMA200 could be a second strong buy.
Stay Safe as BTC is weak right now.
Happy Tr4Ding!
it passed under EMA100 and now this EMA Acts as a resistance.
Anyway i like this coin because of the project reality and partnerships, so a mistake shouldn't be a big problem for a long invest.
but it's always better to buy cheaper and at the good time!
i would not touch it now at 4200 before seeing clear bounce confirmation showing us that it stays in his triangle.
4000ish zone, it bounced multiple times so it can be a first small buy.
3500ish have big support on EMA200 could be a second strong buy.
Stay Safe as BTC is weak right now.
Happy Tr4Ding!
Note
Broken trend.Note
little bounce from 4000ish.Note
here we are. indicators are oversold on multi timeframes. Only 1D still can push down to 3100-3200. manage ur buying and look at BTC movements.Note
4H view.Note
Divergence spoted.Note
Volumes back.Note
1st target 4000ish2nd target 4400ish
Note
Note
Smashed by BTC pump. just normal situation. Alts will rally at stabilisation.Note
update after BTC stabilisation. bounced from last ATH. 3000.Note
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