From where I inserted START on the chart, it looks like a large degree triangle has ended. It seems that we have an ascending diametric.
Price is pulling back down to test the FLIP range. In the green range, you can buy/long position.
The targets are clear on the chart.Closing 1 4-hour candle below the invalidation level will violate the analysis
For risk...
This chart is about ENJIN ENJ Coin Price Prediction and Forecast in which you can see daily resistance has been broken to the upside at around $0.5215, Now it is retesting.. Possible buy?
We've been in a strong sell-off & now testing the upper resistance, what makes me think we will see a Uptrend unfold is the RSI, we have created a Triple Bottom which usually leads to a bullish trend.
If we were to fall to the $1.50 resistance then we would see a Consolidation or Bearish trend unravel Tuesday into Wednesday.
Here I have created what I call a 4 phase Uptrend, it's us creating Higher Highs & Higher Lows. But I got a little fancy with it, but it's why I do believe we will see some type of pullback maybe even another Inverted Head & Shoulders.
Our next resistance is at $2 so we have a possibility to see that this weekend if this Bullish Market sticks around.
My prediction for ENJ coin on the 4H chart. I suggest looking at the hourly and daily chart also. We will see how this turns out, I think pumps for alt coins are not entirely over yet, so hopefully we make some buck from this. Not a financial advisor ec. Comment what you think.
Hello again,
ENJ seem like it will bounce upwards from here, as it completes the triangle as can seen on chart. NFT is strong, and ENJ already proved it is not going down.
After breaking through the accumulation channel, the price of the coin formed a triangle, which was broken down over time.
At the moment, the price has broken through support (mirror level). Price goes to the previous accumulation channel.
Trading inside the channel from pivot points (zones) that act as support / resistance levels.
At the entrance, use an...
Enj is one of the best looking altcoins. Just buy it. We had 124 days of accumulation. A big pump in december, retraced all the way back to the top of the accumulation zone. Regained the monthly support. I expect big things next month. Target is the black monthly level at the top.
A gold rush is a new discovery of gold—sometimes accompanied by other precious metals and rare-earth minerals—that brings an onrush of miners seeking their fortune.
Times change. History repeats itself, just in different forms.
Eventually blockchain technologies will become part of our daily lives without even realizing it.
In future the wealth of the people...
