Enjoin Coin is doing massive bullish action, we have 7 consecutive green candles printed on the chart for 23% of gains in a few short days... Let's take a closer look.
Here we have a full retrace all the way down to the .786 Fib. retracement level. This is very strong support and as we can see from the chart above it signaled the end of the retrace and a change of trend.
Prices for Enjin Coin (ENJBTC) are now trading above all major resistance levels in the form of EMAs, including MA200 in black.
We are seeing above-average volume with a very strong RSI.
The MACD above 0 is a bullish signal.
Enjin Coin can easily continue to grow here... Let's take a look at the daily timeframe before we leave:
Here we can see MA200 conquered and lots of room left available for growth... Feel free to hit LIKE to show your support.
Namaste.
Previous analysis | Enjin Coin Going For A Higher High | Next Move Mapped
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