ENJIN now ? 4H Timeframe1D 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!
Enjcrypto
$ENJ Jump Off The Cliff After Bithumb ListingENJ having 1 Billion total supply and 3/4 of it are on circulating right now. Good news coming from Bithumb list which make the price spiking like big green dildo. Congratulations for everyone who catch the bottom of it.
Unfortunately, it probably won't stay there for short-term which this idea is to predict which level it will get retraced.
1. Don't buy this dildo, note for noob. It will get you rekt!
2. RSI level is too high at the moment which is a sign to it already reaching it's peak at the moment.
3. My first support will be in at 742 sats and then (not expect this) the second of it is 578 sats. I'm more about the first one, since it's also quite great moment for bitcoin right now, which i think that will affect majority alt coins prices including ENJ. That's why the first one will hold.
Trade safe!