YOUR PERSPECTIVE OF RESISTANCES WILL CHANGE AFTER READING THIS POST!
#ENJ IS A TOUGH COIN TO BREAK: TRADE PROFIT 11.69%/4.03%/3.03% AFTER ENTERING AT ITS MONTHLY LOW WITH LONG POSITION
If you're looking for an in-depth analysis of ENJ, then, you're in the right place.
Here's why.
ENJ has been moving close to its monthly low and we were able to catch some of its price for long positions and we were able to secure 18.75% increase from its movement at 0.11. The current demands from 0.08-0.013 is extreme and many people are buying at this discount price of ENJ. Although, what we're doing right now is securing our hold for its position and since we're confident that these are the zones with best entries for some intraday/swing trades, we can continue benefiting from any of its price action. On a weekly basis from August to this month, we can see that the price has already moved above its average at 0.1434. If this continues, the price may move above the month of August and September's high. Meeting the bearish order blocks at 0.1732 which is almost 75% of the last week of July's high. Since we've already secured these increases, we will continue observing this token for its next price action after the retracements.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
