Enjin Coin (ENJBTC) just hit a new peak today which went higher than the last peak in April and also above the May 2019 high... This is good news.
Now that ENJBTC is trading above all major resistance levels, the path to the upside is completely clean.
On the above chart setup, we can experience a strong impulse move next (green arrow).
We can also have the classic Cup & Handle pattern form if the red arrow is followed.
Note: If prices drop and close below MA200 (0.00001223), the above signals become invalid and a new analysis is needed.
Namaste.
Now that ENJBTC is trading above all major resistance levels, the path to the upside is completely clean.
On the above chart setup, we can experience a strong impulse move next (green arrow).
We can also have the classic Cup & Handle pattern form if the red arrow is followed.
Note: If prices drop and close below MA200 (0.00001223), the above signals become invalid and a new analysis is needed.
Namaste.
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t.me/masteranandatrades/6172
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.