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ENJIN now ? 4H Timeframe

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1D Chart show clearly that Enjin is making his correction, but i see more clearly on 4H Time.

it passed under EMA100 and now this EMA Acts as a resistance.
Anyway i like this coin because of the project reality and partnerships, so a mistake shouldn't be a big problem for a long invest.
but it's always better to buy cheaper and at the good time!

i would not touch it now at 4200 before seeing clear bounce confirmation showing us that it stays in his triangle.

4000ish zone, it bounced multiple times so it can be a first small buy.

3500ish have big support on EMA200 could be a second strong buy.

Stay Safe as BTC is weak right now.

Happy Tr4Ding!





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Broken trend.

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little bounce from 4000ish.

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here we are. indicators are oversold on multi timeframes. Only 1D still can push down to 3100-3200. manage ur buying and look at BTC movements.

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4H view.

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Divergence spoted.

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Volumes back.

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1st target 4000ish
2nd target 4400ish
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Smashed by BTC pump. just normal situation. Alts will rally at stabilisation.

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update after BTC stabilisation. bounced from last ATH. 3000.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.