Alek4

ENJ Analysis

COINBASE:ENJUSD   Enjin Coin
According to my prediction, consequently, due to rising wedge, ENJ has broken down to our support line.
After watching the USDT.D and BTC.D charts we could take a long position to take profit for short term in addition we should see our support line cause our candle must be closed its price on our support line then we might make decisions to wether take a long position or not.
It’s also better to look at the RSI and MACD to get better decisions .
This analysis related to daily time frame and 4H time frame.
(Due to high risky of trading on crypto currencies, it’s better to take profit and save interests via stop-loss)

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