ENJin coin is now on 54 place in binance ranks. Before few days was on 53 place.
When 12 May broke bearish trend, who was consist from many pumps and corrections is now on the next correction from overbought market when it reached new ATH in USDT (binance). On BTC chart we see testing resistance line on 1D chart. When this test will be passed, we will see with BTC...
Chart is first thing, but when I see rising volume (blue chart), then I think, that ENJ broke this line. But chart is too young :-D What you think? Goes down, or up? Thees situation about COVID, there is also a chance that he will be picked down, and will be continue in bear trend... OR?
Anybody any ideas?
ENJIN Coin has seen 2 significant pumps, the first on 25-26 march and the second 8-10 march following news of their partnership with Samsung on their latest device.
As seen on the chart, ENJBTC has broken below the key resistance level which was 5500-5000 Satoshi to bounce right of this solid support level of approximately 4000 Satoshi.
We believe the pair will...