As we enter Q2, more and more altcoins have started to stir up some bullish patterns! Having said that, I saw great potential with ENJ. Over the course of Q1, ENJ has gone through 2 dips: Feb 5 and March 15. It showed that the lows were getting higher trying to penetrate through the 50 MA line. It finally did on March 20th, reaching the 0.000285 ETH resistance level. It also showed an ascending triangle formation starting from Q4 2017 up until the end of Q1 2018. A major break out is happening. I have already placed my order right just above the 20 EMA support level, as this is what I think the support will be. However, I have bought this crypto as means for long-term investment. I will observe this coin closely over the next few months and analyze signals of bear/bull. The end of Q2 looks promising but this is only a speculation.
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