ENJUSD has a potential upside of 530% in the next 6-8 months... But do we stick a last pit stop back at 0.5 first?

#Crypto #Cryptocurrency #Trade #Trading #SwingTrading
#ENJIN 's fundamentals here as you must do your own research....
on to the #TA
Bearish 🐻:
- Stochastic and Standard #RSI both at overbought 📉
- Recent Bearish #crab 🦀
- Smaller #ElliotWave resolutions indicate slight pullback (before blast-off) 🌊
Bullish 🐮:
- #EMA #GoldenCross 🥇
- #MA Uptrend (with #PA above) 📈
- #PA uptrend 📈
- Previous downward #Channel broke to the upside 🔨
- Start of #W3 #Impulse wave on #ElliotWave 🌊
- Topside #Ichimoku 🔝
- Topside #BollingerBand 🔝
- Currently retesting #FibChannel 0.786 🌫️
- Above last SR at 0.484 🌫️
# TL;DR aka #Targets
Bearish 🐻 - i.e. area to consider for #RiskManagement / #StopLoss = 0.5-0.54
Bullish 🐮 = 3.8

*intended to be educational 📚✔️; not financial advice ❌📈; nor premonition ❌🔮
I am a teacher; not a financial advisor; nor a psychic.
Trade safe, y'all! 💗👻
🇪🇸 en Español