Enjin trading idea Hello, Traders.
ENJIN is testing a major support level. It Would be a great opportunity to open a long position if it form a reversal candlestick pattern on that level.
Best regards.
Enjim
Bullish momentum on ENJ, but wait.Hello Traders,
The momentum still bullish with ENJIN after the support on this uptrend line test, but the price still below the short term resistance line so the moment is time for do nothing and watch the price test the support and resistance to see which direction the price gonna go so we can go with.
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Uptrend channel in ENJ/BTCHello Traders,
ENJ/BTC is inside an uptrend channel after breaking out.
On the daily charts, we can see a weakness to continue the uptrend movement, that is why we believe the price will test the support of this uptrend channel.
But we are seeing this asset on bullish momentum so expect the price continues the uptrending in the short term.
Best regards, Sandro and Gustavo.
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Ascending Triangle on ENJIN Hello Traders,
ENJ/BTC is breaking out of the ascending triangle, which is a bullish indication, you must buy at this level and the stop must go below the second technical event on intraday of 1h. It is a long stop-loss, so you must control your position size for never lose too much money in case that trigger the stop loss.
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ENJ/BTC only buy above this ResistanceHello Traders,
If you are out of ENJ/BTC now it is time to wait the ENJIN test this important resistance level, and if we break we can have a massive uptrend moviment, so we gonna wait to see if the price gonna break this resistance, and we will wait for some bullish accumulation pattern and enter above this resistance, for now we must be pacience.
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