ENJIN looking to complete H&S form before heading to the upside?
Good evening friends today we are going to look at Enjin, I have been following Enjin since it's big initial pump back in April.
We can see that Enjin is almost done forming a head and shoulder form. Head and shoulder position is usually a selling indicator, but when its done forming I assume it will hit 3+ USD afterwards.
I think it will hit below the support line to establish the forming of the Head and Shoulder before continuing towards the upside!
What do you guys think? I'm always looking for input and other opinions!
If you found the Analysis helpful please like and consider following me!
Have a great day!
We can see that Enjin is almost done forming a head and shoulder form. Head and shoulder position is usually a selling indicator, but when its done forming I assume it will hit 3+ USD afterwards.
I think it will hit below the support line to establish the forming of the Head and Shoulder before continuing towards the upside!
What do you guys think? I'm always looking for input and other opinions!
If you found the Analysis helpful please like and consider following me!
Have a great day!