moon333

ENJUSDT has formed a bullish BAT | Upto 14% expected

Long
BINANCE:ENJUSDT   Enjin Coin / TetherUS
The price action of Enjin Coin / Tether US has formed a bullish BAT and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
The D leg is retraced between 0.786 to 0.886 Fibonacci how ever I have started the buying zone form 0.618 to 0.886 Fibonacci.
RSI is moving up from oversold zone.
I have used Fibonacci sequence to set the targets:

Buy between: 0.06224 to 0.05888

Sell between: 0.06313 to 0.06752

Regards,
Atif Akbar (moon333)


Idées en relation

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.