ENJ SHORT !!!
Hello Everyone !
Hope your all doing Great?
Upwards Resistance level: $1.15 - we have had several daily closes below that strong support now turned resistance level.
personally i believe everything in crypto depends on bitcoin and bitcoin is not looking too convincing for a rally up to 40k probably we might see a downside to
25K then to 22k where the 3day 200 ma resistance line and 3year resistance level can hold then we find our bottom and rally up.
targets : Enjin needs a weekly close below the 50 ema line, cause none of the heikin ashi candles have closed below there to make it another strong resistance level like $1.15
so i say a close below 0.92
we can then have
tp 1 at $0.70(again)
tp 2 $0.5
tp 3: $0.30
tp4 $0.20
then after said tp's we can have a relief rally to $1.99 -$ 3
most importantly enjin is about to have a death cross both on the moving averages and exponentials 50 & 200!
Hope your all doing Great?
Upwards Resistance level: $1.15 - we have had several daily closes below that strong support now turned resistance level.
personally i believe everything in crypto depends on bitcoin and bitcoin is not looking too convincing for a rally up to 40k probably we might see a downside to
25K then to 22k where the 3day 200 ma resistance line and 3year resistance level can hold then we find our bottom and rally up.targets : Enjin needs a weekly close below the 50 ema line, cause none of the heikin ashi candles have closed below there to make it another strong resistance level like $1.15
so i say a close below 0.92
we can then have
tp 1 at $0.70(again)
tp 2 $0.5
tp 3: $0.30
tp4 $0.20
then after said tp's we can have a relief rally to $1.99 -$ 3
most importantly enjin is about to have a death cross both on the moving averages and exponentials 50 & 200!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.