When it does it goes insanely new highs, basically new ATHs.
Reason why I am bullish:
Hit the bottom and reversed already.
Rejected from the first Resistance and jumped from the support around 1257.
Trading above the 50D and 200D MA which is a very sign when it comes to alts.
Every time it has hot the lower support line which also happens to be the bottom it has gone insanely high:
First time: 2063%
Second Time: 761%
This time I am expecting as per the chart that we may see almost a 534% gain in ENJ from here.
Incoming Golden Cross.
Accumulation: 1190 to 1370
(This is not a financial advise)
Trade with caution.
I have my bag ready.
Please hit that like button if you like my idea and do share your views in the comment section.
On Feb 11 I posted my ENJ Chart at that time it was trading around 1300 sats I said this alt will explode soon. It's approx 40% UP SINCE OUR ENTRY.
After few weeks It was under Teeka Tiwari's (who runs his palm beach group with high fees) )long term picks for the year. I don't really like his concepts but the coins do pump hard just like DATA coin.
I believe this coin can do very good in this year.
The USD chart looks more promising. breaking a long term resistance.
HERE'S WHEN YOU CAN BUY if YOU DON'T HAVE IT IN YOUR LONG TERM BAGS:
1. IF IT BREAKS THE ASCENDING TRIANGLE .
2. IF IT FALLS TO THE GREEN BOX: 1570 TO 1800.
This setup is for long term.
Currently it is facing the .236 fib level extension which will break sooner or later.
Follow me for such updates and hit the like button if you like this post.
I WILL BE POSTING MORE ALT SETUPS SOON. SO FOLLOW ME IF YOU DON'T WANNA MISS THOSE CALLS.