Breaking News

ENJ/USDT Potential Upward Movement

ENJ/USDT Price Long-Term: Bullish

Key Resistance Levels: 1.4210, 1.4250, 1.4300

Key Support Levels: 1.2790, 1.0820, 0.9735

Daily Chart:

On the daily time frame, the price is in a strong upward movement where the buyers are obviously controlling the price of the ENJ/USDT Coin. Yesterday a slight correction was posted which was expressed by a long wick to the upside. Let’s see what’s happening on the 1-hour time frame.

ENJ/USDT Medium-Term Trend: Bullish

1-hour Chart:

On the 1-hr time frame, as we have said the coin revealed a correction to the downside where we have a confluence area between the 38.20% mark and the 1.2792 support. This might lead to a move upward to the 1.4210 level.

Signal Idea:

Buy Limit Order @ 1.2792

TP 1 @ 1.4210

TP 2 @ 1.4250

Stop Loss @ 1.2212

Trade Safely 🙂

About Joe Damien

Joe is a proven Forex analyst and manual trader with 6 years of full-time trading experience. He is a swing trader that relies on price action, market structure and Fibonacci retracement. His two most successful pairs are CHF/JPY, CAD/JPY, but his expertise allows him to profit on any asset or pair.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download My Free Robot

Get your Robot Now!

Free Robot!