TradingView
weslad
Aug 18, 2022 4:28 AM

ENJUSDT Trading Idea Long

Enjin Coin / TetherUSBinance

Description

We spotted Broadening wedge formation, with price bounced off the bottom trendline.

Since the current move was in the form of rising wedge, a little correction is expected after the break of the wedge.

Focus on the given BUY BACK zone for long action. Do not forget to follow the exit plan should incase the setup break.

Trade active

Trade active

Prepared new entry zone for those that have not boarded yet.

Comments
vtropiq
hi.is the trade still active?
things dont look so good especially in the enj/btc pair!
enjin is being suppressed a lot in btc and stable coins pairs aswell
thanks for the chart!
htekler
very nice
SwallowPremium
Very detail rich, especially with corrections, thanks for sharing!
weslad
@SwallowPremium, you are very welcome. thanks so much
Shak-Crypto
Great analysis, appreciate it!
More