alanmasters
Long

Enjin Coin Gains Momentum | Can Go Higher | Chart Mapped

BINANCE:ENJBTC   Enjin Coin / Bitcoin
Enjoin Coin is doing massive bullish action, we have 7 consecutive green candles printed on the chart for 23% of gains in a few short days... Let's take a closer look.

  • Here we have a full retrace all the way down to the .786 Fib. retracement level. This is very strong support and as we can see from the chart above it signaled the end of the retrace and a change of trend.

  • Prices for Enjin Coin ( ENJBTC ) are now trading above all major resistance levels in the form of EMAs, including MA200 in black.

  • We are seeing above-average volume with a very strong RSI .

  • The MACD above 0 is a bullish signal.

Enjin Coin can easily continue to grow here... Let's take a look at the daily timeframe before we leave:
Here we can see MA200 conquered and lots of room left available for growth... Feel free to hit LIKE to show your support.

Namaste.

Previous analysis | Enjin Coin Going For A Higher High | Next Move Mapped

Feb 03
Comment: Looking really good... Growing nicely.
Feb 04
Comment: +60%
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Comments

Look's like it's making a bullish ascending triangle now
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Just perfect. Nothing more to say.
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Alway's great TA. Do you think it can/will sone go above .20 usd? Thank you.
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I love your analyses and the coins you cover. It's unlike anyone else ! I just wish you would cover them relative to the dollar, rather than BTC, until BTC is a stable major currency that we use to buy things. If something is about to rocket higher relative to BTC, it doesn't mean very much b/c BTC is unstable and so vulnerable to crashing, so the coin can obviously still be a net loser based on the currencies we all have to live off.
Reply
@ApresVous, Thanks a lot for the feedback, I will try and add more USD pairs to my profile.

Namaste.
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cc247 alanmasters
@alanmasters, can you please update outlook on enj please?
Reply
@cc247, I will take a look.
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