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bike4sail
Jun 11, 2021 6:49 PM

ENJUSD Long

Enjin Coin / US DollarBinance

Description

BINANCE: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


Comment

ENJ continues to search for its support base. Watch the lower blue uptrend line for an entry.
Comments
chemicalfalling
Thanks a lot!
bike4sail
@chemicalfalling, You're welcome chemical, thank you for following and commenting!
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