✴️ Enjin Coin | Also Set To Recover (7X Lev. Today)

24 Jun 2023

Let's look at it differently for Enjin Coin.

We have the same lower low vs higher low situation described in previous trade ideas; The candle wick, June '23 vs Dec '22, ended in a lower low while the candle closure is higher.

And we made sure to mention that the candle closure, the daily/session close, is more important/relevant than the candle wick. Since we have both, a lower low and a higher low, the higher low is more important.

The candle/session close is marked with the dashed line.
The candle/session high/low is marked with a full line, this is true on all my trade ideas.

But we will look at ENJUSD differently.

Notice January 2023, ENJUSD moved above EMA10/21 and a bullish wave followed, we are in the same situation today.

After a very strong correction ENJUSD is back above these two levels, EMA10/21 and we can expect another bullish wave.

Spoiler alert, I've opened a trade with leverage on this signal... I believe it will grow.

Thank you for reading.

Namaste.