Enjin Coin price had a breakdown from a symmetrical triangle pattern on the 4-hour chart. The digital asset has a bearish price target of $1.8 in the long-term. A key indicator has presented a strong sell signal for ENJ. Enjin Coin had a notable breakdown from a symmetrical triangle pattern on the 4-hour chart, but the price target of $1.8 has not been met yet. Nonetheless, other indicators show ENJ is poised to continue falling. However, ENJ buyers still have hope, but they must crack a key resistance level to gain the upper hand. Enjin Coin price should quickly drop towards $1.80 The price target of the symmetrical triangle is $1.80. After an initial breakdown towards $2.14, ENJ had a leg up towards the previous support trendline but was rejected and trades at $2.27 at the time of writing. ENJ/USD 4-hour chart Furthermore, the TD Sequential indicator presented a sell signal on the 3-day chart, adding credence to the bearish outlook. However, there is still a chance for the bulls to turn things around. ENJ/USD 4-hour chart To invalidate the bearish outlook and the sell signal on the 3-day chart, Enjin Coin buyers must push the digital asset above $2.50 which would also break the previous support trendline of the symmetrical triangle. A breakout above this point has the potential to drive Enjin Coin price towards $2.80. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Gold Price Analysis: Bulls holding firm within familar bullish territory FX Street 1 year Enjin Coin price had a breakdown from a symmetrical triangle pattern on the 4-hour chart. The digital asset has a bearish price target of $1.8 in the long-term. A key indicator has presented a strong sell signal for ENJ. Enjin Coin had a notable breakdown from a symmetrical triangle pattern on the 4-hour chart, but the price target of $1.8 has not been met yet. Nonetheless, other indicators show ENJ is poised to continue falling. However, ENJ buyers still have hope, but they must crack a key resistance level to gain the upper hand. Enjin Coin price should quickly… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.