ENJBTC trade ideas
ENJ buy opportunityPlease feel free to comment or challenge me on my TA. Or leave a like to show support ---------------------------------------------------------------
- ENJ setting higher highs and higher lows
- Stoch RSI hit 0.99. Has performed well after this in the past
- Overal market sentiment is bullish
Entries:
- Bottom of the channel around 1800 sats
- Weekly support at 1701 sats
Targets:
- Daily resistance at 1986 sats
- Daily resistance at 2325 sats
Do i need to say more?ENJ rejected downtrend and continues in it's uptrend channel and ready to go...
BULL FLAG on the daily chart and support continues to hold.
LET'S NOT TALK ABOUT TARGETS HERE, DO YOUR OWN JUDGMENT AND SELL WHEN YOU ARE SATISFIED. But will be very high....Yes!
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK.
ENJ/BTC 100% OPPORTUNITY (OR MORE) - HIGH RISKWelcome to the idea of ENJ / BTC
ENJ Broke a High Wedge on the weekly chart.
That is, we may see an extremely positive long-term movement for cryptocurrency.
Note that: The analysis may be nullified if Bitcoin keeps falling, we know that altcoins are bitcoin hostage currencies.
However, analyzing only the ENJ the context is HIGH.
Weekly MACD piling up for purchase.
Resistances highlighted in the chart: VPVR signals us strong zone in 800 satoshis.
If it breaks, we can see in the range of 1000-1200 Satoshis, almost 100% upside.
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THIS IS A HIGH-RISK TRADE, NOT AN INVESTMENT ADVICE.
MAKE YOUR OWN RESEARCH.
#Enjin Coin BTCWe still expect another bullish wave in the medium term
Prices may drop on the white lines shown in the analysis
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Profit so far on the channel
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#AMB +63%
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