AlanSantana

✴️ Enjin Coin | Also Set To Recover (7X Lev. Today)

Long
CRYPTO:ENJUSD   Enjin Coin
Let's look at it differently for Enjin Coin.

We have the same lower low vs higher low situation described in previous trade ideas; The candle wick, June '23 vs Dec '22, ended in a lower low while the candle closure is higher.

And we made sure to mention that the candle closure, the daily/session close, is more important/relevant than the candle wick. Since we have both, a lower low and a higher low, the higher low is more important.

The candle/session close is marked with the dashed line.
The candle/session high/low is marked with a full line, this is true on all my trade ideas.

But we will look at ENJUSD differently.

Notice January 2023, ENJUSD moved above EMA10/21 and a bullish wave followed, we are in the same situation today.

After a very strong correction ENJUSD is back above these two levels, EMA10/21 and we can expect another bullish wave.

Spoiler alert, I've opened a trade with leverage on this signal... I believe it will grow.

Thank you for reading.

Namaste.

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