ENJ/USDT 4h simple analysis in 12th/JunHi, crypto traders.
ENJ is in a sideways market.
Once the price suddenly jumped up and broke all MA lines to the upper side. But after that, the candle changed negatively and broke all MA lines to the lower side, then reached close to my 1st target: 1.15USD.
After that, the candle went up, then already broke 20h (red) line to the upper side again, but if the candle changes negatively and breaks 20h (red) line to the lower side, the trend will be a downtrend. And this is a short entry point.
= =TODAY’s Check Points==
- The candle continues to go up and breaks 80h (blue) line to the upper side?
- The candle goes down and reaches 1.15USD again?
==TODAY’s Target Price==
ENJ goes up:
1st target: Cross-point with 80h (blue) line
2nd target: Cross-point with 240h (green) line
3rd target: 1.75USD (the last highest price)
ENJ goes down:
1st target: 1.15USD (the last lowest price)
2nd target: 1.00USD (A nice round number)
3rd target: 0.735USD (the lowest price in 23rd/May)
Enjoy your trading.
=================================
#Efinity Token Sale
coinlist.co
Registration Opens: 2nd/Jun/2021
Registration Deadline : 18th/Jun/2021 00:00, UTC
Sale Period Begins: 24th/Jun/2021, 17:00 UTC
#Event schedule
xxx/2021: NFT.io launch (nft.io)
xxx: Efinity launch
#Latest Enjin blog/news (in 9th/Jun)
Enjin Partners with Health Hero to Launch NFT-powered Wellness Program
enjin.io
