ENJUSDT
ENJ/USDT BINANCEENJ/USDT BINANCE
4H hollow candlesticks.
After a very profitable year, Enjin continues a healthy steady growth after a huge correction above 80% of its value.
As those two asymmetric triangles have formed, a price breakout is about to happen as BTC will lead the market.
Multiple support & resistance levels shown as horizontal lines, except those two basic highlighted areas.
Fibonacci retracement showed already a nice entry point.
MACD shows a sideways movement.
Steady Volume.
A bar pattern repetition shows a possible scenario for the next days.
Enjin Coin Price (ENJ) = $1.41 -3.41%
0.00003666 BTC -1.44%
0.0005951 ETH -0.11%
Good Luck
CryptoHellas Team
ENJIN- Breakout in the makingOur updated ENJIN chart with key technical analysis points.
Price has just exploded upwards, outside the wedge, so if you get on it mind the support level and do your math right.
PS. We had been posting about ENJIN in early stages, took profits perfectly and now it's time to start monitoring it daily again.
the FXPROFESSOR
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
Prices are fluctuating inside the triangle. We have to wait and wait for it to come out from every side. Then we enter into a deal
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ENJUSDT UPDATE!!!!Hi Traders,
ENJ has currently formed a Head and Shoulders formation on the Daily timeframe. The second shoulder has failed to provide any volume with creating a lower high and a lower high shoulder compared to the first one. As this has formed not he daily timeframe it must be regarded as a strong formation and therefore a large move is due. Volume has tailed off significantly on the second shoulder and continuing to create lower highs. We will look for volume from either side as indication of where it wants to go. The first zone is our first line of support as there is a concentration of volume held in there and the 100MA can be seen within the zone. If this fails to hold as support expect prices to fall into the second zone.
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Thanks
MS
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