Hi, crypto traders.
ENJ is in a Strong Downtrend now.
The price continued to go down and finally, 20MA (blue) broke 60MA (green) to the lower side. Because the sequential order is 60MA (green) > 20MA (blue) > 5MA (red) > the candle, the trend is a Strong Downtrend. If the price keeps under 5MA (red), this bearish trend continues.
Conversely, if the price goes up, the 1st target will be the cross-point with 5MA (red).
Because the price already broke my target: 1.15USD, I think it will continue to go down. But we should watch the next move carefully.
==TODAY’s Check Points==
- The candle goes up and breaks 5MA (red) clearly?
- The candle continues to go down and reaches 1.00USD?
==TODAY’s Target Price==
ENJ goes up:
1st target: Cross-point with 5MA
2nd target: Cross-point with 20MA and 60MA
3rd target: 1.58USD (the last highest price)
ENJ goes down:
1st target: 1.00USD (A nice round number)
2nd target: 0.735USD (the lowest price in 23rd/May)
3rd target: 0.475USD (the lowest price in 28th/Feb)
Enjoy your trading.
=================================
#Efinity Token Sale
coinlist.co/efinity?utm_source...
Sale Period Begins: 24th/Jun/2021, 17:00 UTC
#Event schedule
xxx/2021: NFT.io launch (nft.io/)
xxx: Efinity launch
#Latest Enjin blog/news (in 18th/Jun)
How NFTs Are Revitalizing the Creative Industry
enjin.io/blog/nfts-creative-industry
ENJ is in a Strong Downtrend now.
The price continued to go down and finally, 20MA (blue) broke 60MA (green) to the lower side. Because the sequential order is 60MA (green) > 20MA (blue) > 5MA (red) > the candle, the trend is a Strong Downtrend. If the price keeps under 5MA (red), this bearish trend continues.
Conversely, if the price goes up, the 1st target will be the cross-point with 5MA (red).
Because the price already broke my target: 1.15USD, I think it will continue to go down. But we should watch the next move carefully.
==TODAY’s Check Points==
- The candle goes up and breaks 5MA (red) clearly?
- The candle continues to go down and reaches 1.00USD?
==TODAY’s Target Price==
ENJ goes up:
1st target: Cross-point with 5MA
2nd target: Cross-point with 20MA and 60MA
3rd target: 1.58USD (the last highest price)
ENJ goes down:
1st target: 1.00USD (A nice round number)
2nd target: 0.735USD (the lowest price in 23rd/May)
3rd target: 0.475USD (the lowest price in 28th/Feb)
Enjoy your trading.
=================================
#Efinity Token Sale
coinlist.co/efinity?utm_source...
Sale Period Begins: 24th/Jun/2021, 17:00 UTC
#Event schedule
xxx/2021: NFT.io launch (nft.io/)
xxx: Efinity launch
#Latest Enjin blog/news (in 18th/Jun)
How NFTs Are Revitalizing the Creative Industry
enjin.io/blog/nfts-creative-industry
