Enjin Coin ENJ/ BTC - Swing Trade / long-term investment
Oscillators indicate buying signals for ENJ on the ENJBTC chart on the 1D and 3D TF.
It seems like Enjin Coin has completed an ABC correction and that it has found support on the 200 SMA from where it has already bounced.
Currently there is sufficient bullish momentum for a 16-23% pump (entry between 0.00001625-0.00001642) before a further correction to the downside (which is indicated on higher TFs).
Swing Trade ENJ-BTC (R:R=1.3):
entry#1: 0.00001625-0.00001642;
TP1@0.00001898;
TP2@0.00001998, with 3% TTP
SL@0.00001348 (SL timeout = 19000s)
NO stop loss recommended for this crypto for fundamental reasons / long-term hodlers
(in case price falls considerable lower, add more ENJ to your portfolio -> accumulate it and hodl/stake it for long-term)
I´m not a financial adviser. For educational purpose only!
It seems like Enjin Coin has completed an ABC correction and that it has found support on the 200 SMA from where it has already bounced.
Currently there is sufficient bullish momentum for a 16-23% pump (entry between 0.00001625-0.00001642) before a further correction to the downside (which is indicated on higher TFs).
Swing Trade ENJ-BTC (R:R=1.3):
entry#1: 0.00001625-0.00001642;
TP1@0.00001898;
TP2@0.00001998, with 3% TTP
SL@0.00001348 (SL timeout = 19000s)
NO stop loss recommended for this crypto for fundamental reasons / long-term hodlers
(in case price falls considerable lower, add more ENJ to your portfolio -> accumulate it and hodl/stake it for long-term)
I´m not a financial adviser. For educational purpose only!
Crypto and blockchain enthusiast
investingcrypto.online
investingcrypto.online
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