learn2trade

ENJUSD: Rev up your ENJines and get Ready to Reach the Target!

Long
COINBASE:ENJUSD   Enjin Coin
Hello Trading Community!

Here is my quick analysis of ENJ recent price action...
I started following ENJ about two months ago and posted an idea (see in the links below) where I first noticed the occurrence of a strong breakout.

Since then ENJ has been performing nicely, bucking the uptrend. As you can see on the chart, ENJ has been diligently working to complete a pretty impressive cup / round bottom base.
Once complete, I would expect the price to reach the target of $2.80.

Would you agree with the analysis? What's your take on it?

Happy Trading!
LTT


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