ENJ 2 scenario - 30% profit
Updated
I'm not giving buy or sell signal, the market is not optimistic to do any trade.
Note
Trying to break it yellow resistance.Trade active
Sadly it touched yellow resistance and drop down as scenerio 2. It will down to 1600-1700 then move up to try to break it resistance. The yellow resistance is quite strong so those who bought this coin much watch this coin carefully.Note
Fundermental analysis: ENJ still has 1 big news and 1 exchange announcement which should have announced at the end of Jan. Why shouldn’t they announced yet?
As their perspective, would you announce a good new when everybody is running away from the market ? Think about it. I think dev team are waiting for the market to be optimistic again then they will bring out the good news and this will be a huge bomb.
PS: it still my personal thinking, i rarely trade base on fundermental analysis.
Note
Broke out! Now fall back to the previous resistance to make it the new support.
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