ENJUSDT
ENJUSDBINANCE:ENJUSD is bearish and currently being wedged down by the 200 EMA (black line). We are bearish until we break over the blue downtrend line.
Steps to take:
Buy on candle open/close above $1.83 resistance line OR at break of blue downtrend line OR multiple buy signals
Should we dip down to the lower blue uptrend line that would also be a good buying opportunity
Sell if candle open/close below current support line
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!