ENJBTC trade ideas
ENJ bullish divergencePlease feel free to comment or challenge me on my TA. If you like my idea, please leave a like to show support.
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- Bullish divergence on the RSI (purple)
- Bearish divergence played out perfectly in the past (blue)
- Touching weekly support at 1701 sats
- Close to daily support at 1617 sats
- Touching the 100-day MA
- Forming a descending wedge
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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ENJ buy opportunityPlease feel free to comment or challenge me on my TA. Or leave a like to show support ---------------------------------------------------------------
- ENJ setting higher highs and higher lows
- Stoch RSI hit 0.99. Has performed well after this in the past
- Overal market sentiment is bullish
Entries:
- Bottom of the channel around 1800 sats
- Weekly support at 1701 sats
Targets:
- Daily resistance at 1986 sats
- Daily resistance at 2325 sats
Do i need to say more?ENJ rejected downtrend and continues in it's uptrend channel and ready to go...
BULL FLAG on the daily chart and support continues to hold.
LET'S NOT TALK ABOUT TARGETS HERE, DO YOUR OWN JUDGMENT AND SELL WHEN YOU ARE SATISFIED. But will be very high....Yes!
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK.