Taking Another Look at ENJIN

A large curve (or parabola (I think)) can be drawn on the ENJIN chart, showing a previous point of resistance turning directly into a point of support
This point of support is further emphasized with a golden cross right on the line
This suggests the bull movement is not over, and price will continue to rise

The main structure can also be drawn as a symmetrical triangle, which also has a bullish nature

The circles I have mainly placed for fun, but a nice trendline up against the circles can be drawn, displaying the symmetry of the chart

I am long ENJIN

ENJIN - Two Scenarios


Chart PatternsENJenjinenjincoinenjinlongenjinusdenjinusdtenjusdENJUSDTenjusdtlongTrend Analysis

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