Today, I am looking at Enjin Coin again, which is available to trade on Binance, and the signals are looking pretty good.
Let's take a quick look for learning and entertainment:
We have a classic retrace where price found support at 0.786 Fib. retracement. MA200, black line, also working as strong support. As soon as these levels were reached, ENJBTC bounced up with strength.
Above average volume on the break of all Moving Average lines / resistance levels (last candle to the right).
The RSI is bullish.
The MACD is showing a bullish crossover as well as hidden bullish divergence.
All these signals are telling me that ENJBTC is about to make a move up. And for this reason, we decide to trade...
Enjin Coin (ENJBTC) Trade Instructions
BUY: Up to 0.00000910
TARGETS:
(1) 0.00001000 (2) 0.00001100 (3) 0.00001260
STOP: Close daily below 0.00000720.
If you have any questions, feel free to use the comments section below.
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