Price retraces back to 0.618 fibs area and seems to have found support.. Unless BTC do something ugly we are steadily moving up..
Buying was near 1860 - 1880.
Looking to tap 1961 - 2200 - 2427
Swing long targets: 2600 - 2800 - 3200 - 3600
Stops below 1700
My Fractal analysis of ENJ/BTC , its, mostly a fractal analysis , the Williams fractal fired off a nice signal on the day chart all conditions are now met, I think its a go, follow bars pattern for possible sell areas.
Consolidating against strong support and very well-established resistance. Volume is not looking great, but MACD and RSI divergences are a promising signal.
Might be worth watching over the next couple of days.
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...