Long

Updated

ENJIN COIN - LONG POSITION

ENJIN FOUND SOME SUPPORT HERE AT 950 AFTER A BREAK OUT OF THE DECENDING CHANNEL ITS BEEN IN SINCE MAY 2020 , CURRENTLY BACK INSIDE THE TOP OF THE CHANNEL .
I EXPECT TO SEE A DIP DOWN TO THE ORANGE ZONE U SEE ON THE CHART BEFORE A MOVE UP AND OUT OF THE CHANNEL TO THE TARGETS GIVEN .

PLEASE LIKE THATS ALL I ASK IN RETURN AND OR COMMENT CONSTRUCTIVLY . MY GRATITUDE AND APPRECIATION FOR STOPPING BY

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Enjin pulls back and bounces off the top of the channel ....With 14 percent bought up . I would expect 1040 to act as support if we do lose this current level

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im expecting some volatility today with BTC Futures expiry and I have Btc pulling back to 40 K level so expecting alts to react at some point . In the mean time I still have Enjin open with the same targets .1200 region is a big resistance and im hoping we claim it and head up towards 1600 + but pls keep your eyes on BTC as depending on how it behaves it can spoil the party.

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Looks like we SFP 1373 and now pulling back to the 1220 region ...We have held here X2 but the more we hit a support the weaker it becomes .

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With that said MS in tact HH and HL ..Patience will reward ....As always though its weekend so be aware of BTC

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Sold half as planned, free position achieved

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next level 3950

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didnt quite make it so it looks like a pull back to 2750 - 2850

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2800 level back tested and held ...3950 nextt target

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Target Hit 3900 ...let it pull back and await the US market to push us up into our next target 4360

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BTC makes its way to 60k + and as a result ALTS will pull back

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4360 Target Hit

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5150 Next target ,

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Just remember BTC dictates whats happening and right now we are seeing a BTC pullback so be careful ...Enjin has just SFP as a result ..in the meantime all eyes on BTC.

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What a surprise to see the target i set of 5150 hit in the night as i was expecting too see some red as when i was about to zz Btc was pulling back and all Alts were feeling the heat . currently holding ground around the 4600 level, needs to claim 4900 and close above for higher prices

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if we dont claim 4900 then expect a pull back to 3900 region

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Well done if you took this trade with me and a bigger well done if you still have some equity running . We have found support at the middle of our ascending channel . I am still expecting higher prices to come over the coming days .

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After some longer than expected sideways consolidation we finally get out major breakout surpassing my target of 5150 and establishing a new support 5300 and printing anew ATH .
I sold most of the position on the way up but held some equity 20% because it was clear that we were retesting the prev ATH . With that said i have a trailing SL and will continue the ride into new price discovery . If you are in this trade still then congrats . I will update again later today

Trade closed: target reached

Trailing stop was hit

SJTRADESFUTURES

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SJTRADESFUTURES

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