Wow! What a good run we had today with ENJ! New all time high!
Base on the last analysis, I was a bit tad too conservative and need to understand more patterns to detect a breakout.
Fundamentals are great for this company. The enjin team announce that they are about to release a smart wallet this week. Screenshots was shown and waiting QA and final polish.
Technical Analysis
Testing new support line at 2400.
But I think the real support line would probably be be at 2122 before it bounce to new high. If that level breaks, the second support line that I predict is at 1480 satoshi.
Target price 1 at 2970 satoshi
Target price 2 at 3553 satoshi.
p/s: When comparing crypto to btc pair, it's better to compare against the actual satoshi units. Don't be fooled with the fiat price of the btc.
Base on the last analysis, I was a bit tad too conservative and need to understand more patterns to detect a breakout.
Fundamentals are great for this company. The enjin team announce that they are about to release a smart wallet this week. Screenshots was shown and waiting QA and final polish.
Technical Analysis
Testing new support line at 2400.
But I think the real support line would probably be be at 2122 before it bounce to new high. If that level breaks, the second support line that I predict is at 1480 satoshi.
Target price 1 at 2970 satoshi
Target price 2 at 3553 satoshi.
p/s: When comparing crypto to btc pair, it's better to compare against the actual satoshi units. Don't be fooled with the fiat price of the btc.
Trade active
Target price 1 achieved!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.