Enjin
Enjin Coin, beautiful setupWaiting....this is where you F up.
Enjin has been lagging quite a bit, I think their bags are now loaded. Time to send it. Starting ENJin SOONtm
Don't miss the great buy opportunity in ENJBTC @ Enjin coinShort-Mid-LONG TERM opportunity levels for Enjin coin (ENJ)
Trading suggestion: *** price mentioned below are in btc ***
Now at 3800 sant
. There is a possibility of temporary retracement to 3400
. traders can set orders based on Price Action and expect to reach short & long term targets.
Technical analysis:
Short - Mid term traders
. Buy at 3800, buy more at Breakout of 4100, stoploss 3400, Target 4600, 5200, 6800
LONG buy on Dip points:
2700 and 1600 (place buy order at this level)
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Enjin can again go to $3Earlier we saw the breakout from falling wedge and now Enjin is again trading in the Triangle Pattern which is expected to the upper side and we may see ATH price again.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ENJIN COIN ON 4HRS CHARTEnjoin coin was moving in uptrend making HH,HL. At the breakout of channel , Enjin retraced back from Fibonacci 38.2% level which is always consider as a good reversal sign. Now here a catch, if Enjin had to continue the uptrend it would have not waited in range market. Enjin on other hand is also sustaining below 200ma which indicates bearish control or bearish sentiments. Trade safe look for shorting setup. Target can be till 200 ma line.
💡Don't miss the great buy opportunity in ENJBTC @enjinTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000860).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.00001370
TP2= @ 0.00001620
TP3= @ 0.00001970
TP4= @ 0.00002290
TP5= @ 0.00002560
SL= Break below S2
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