Looks like ENJBTC may have put in a bottom at the 200 Daily MA. RSI looks great. The lines on the chart are a possible down trend. The upper line being where i'd be most concerned to see a rejection. ENJ could still be in an uptrend though I try and watch for bear and bull case always.
Last (strong) support reached for $ENJBTC, touching the 3 months descending support/resistance line, the 6 months major upper trend support line (broken once during one week in March), and the 100 days Moving Average.
We are quite far down from the fractal pattern shared previously, and I moved the exponential rising line accordingly. I am still expecting the...
Here is our full trade signal for Enjin Coin vs Bitcoin (ENJBTC).
This is not financial advice.
Remember to have a plan/strategy before trading.
Enjin Coin | ENJBTC
BUY: 0.00001650 - 0.00001900
-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...
ENJBTC had a nice breakout, IF the price bounces on recent support According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please...
Points to consider:
- Respecting the very bullish parabolic formation
- Testing structural support
- RSI above 50
- Below average volume
- Price respecting and trading above 21 EMA
ENJBTC retracing to test structural support after an impulse move to the upside
Currently respecting the parabolic curve and trading 21 EMA both serving as very bullish...
ENJ being one of the most promising project and the alt that hasn’t been popped yet.
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 bullish sign when it comes to...