The candles are stuck in between the support line (0.15313) and the resistance line(0.21398). In my analysis shows the candles go down now, so before you buy, you should wait at the support line.
when you buy in at the support line if you sell it at the resistance line. your profit will be about 40%.
I think it is a good profit, so good luck:)
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Hey all-
Came across ENJUSD and seeing some more upside in this pup- going to stay long until the Stoch RSI crosses under 80
Simple analysis but just wanted to share
Let me know what you guys think!
ENJ/BTC
-the cross ultimate indicator flashes signal last Dec 2019
-after then, the price continues its uptrend to date
-currently just broke the local resistance at 2191 sat
-now, it must maintain above previous resistance
-or at least pullback to retest and flip into new support
-staying above the green box is bullish
-trading priority is to Buy when a...
I really like this set up for Enjin vs BTC. The price action has been moving within this ascending channel since 2019 and recently confirmed support, giving us a nice bullish continuation setup. I outlined an inverse head and shoulders set up in green. It actually looks like we already broke the neckline and completed the pattern, but the price has returned back...
#ENJ Currently Trading at last 4 months Support Line and trying to break last 16 months trade line After that #ENJ Have a major Resistance , where #ENJ Rejected 10-15 time to break this resistance . After Breakout of This Resistance I m fully Bullish for #ENJ .
First breakout trade worked out for a nice 8% ... if we happen to retest the trendline and bounce again we could see some further upside and new highs forming. Alert on trendline and observe volume. Buyers should be sitting at this level or we fail and go lower.
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Points to be supported : 0.20006360 points
It is expected that those who had previously bought in the 0.13625483 to 0.20006360 segment will now begin to realize...
ENJin coin is now on 54 place in binance ranks. Before few days was on 53 place.
When 12 May broke bearish trend, who was consist from many pumps and corrections is now on the next correction from overbought market when it reached new ATH in USDT (binance). On BTC chart we see testing resistance line on 1D chart. When this test will be passed, we will see with BTC...
Chart is first thing, but when I see rising volume (blue chart), then I think, that ENJ broke this line. But chart is too young :-D What you think? Goes down, or up? Thees situation about COVID, there is also a chance that he will be picked down, and will be continue in bear trend... OR?
Anybody any ideas?
It has created 3 different trend lines since March. It has now touched the third trend line and is about to form a cup and handle. My first target is 0,23566. And if the fourth trendline occurs then second target is 0,3157.
In addition, the wedge formation that fell next to the trend line on the 2-hour chart has formed and is about to end.
This is not an...
