ENJ SHORT !!!
Hello Everyone !
Hope your all doing Great?
Upwards Resistance level: $1.15 - we have had several daily closes below that strong support now turned resistance level.
personally i believe everything in crypto depends on bitcoin and bitcoin is not looking too convincing for a rally up to 40k probably we might see a downside to
25K then to 22k where the 3day 200 ma resistance line and 3year resistance level can hold then we find our bottom and rally up.
targets : Enjin needs a weekly close below the 50 ema line, cause none of the heikin ashi candles have closed below there to make it another strong resistance level like $1.15
so i say a close below 0.92
we can then have
tp 1 at $0.70(again)
tp 2 $0.5
tp 3: $0.30
tp4 $0.20
then after said tp's we can have a relief rally to $1.99 -$ 3
most importantly enjin is about to have a death cross both on the moving averages and exponentials 50 & 200!
Hope your all doing Great?
Upwards Resistance level: $1.15 - we have had several daily closes below that strong support now turned resistance level.
personally i believe everything in crypto depends on bitcoin and bitcoin is not looking too convincing for a rally up to 40k probably we might see a downside to
25K then to 22k where the 3day 200 ma resistance line and 3year resistance level can hold then we find our bottom and rally up.targets : Enjin needs a weekly close below the 50 ema line, cause none of the heikin ashi candles have closed below there to make it another strong resistance level like $1.15
so i say a close below 0.92
we can then have
tp 1 at $0.70(again)
tp 2 $0.5
tp 3: $0.30
tp4 $0.20
then after said tp's we can have a relief rally to $1.99 -$ 3
most importantly enjin is about to have a death cross both on the moving averages and exponentials 50 & 200!
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