ENJUSDT - Strong Hidden Bullish RSI Divergence [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
We can see the price making a higher low, whereas at the same time the RSI is making a lower low. This is a bullish continuation pattern where the divergence indicates the end of a temporary retracement in an overall uptrend. This could be a great moment to buy ENJ and enter a coin that just started a strong uptrend.
--- What is The Quick Update Series All About? ---
I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
About the links below:
20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes
Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance , RSI Divergences, Fib Retracements, and more.
ENJ
ENJ Preparing For Another Bullish Rally [Support And Resistance]ENJ USDT Here is stuck between a few horizontal areas of support and resistance. Check out the chart to understand what the most important areas are right now, and which lines you should add to yours. The volality is high on ENJ for the 15m and to see this 15% opportunity between clean areas of support and resistance could be a fantastic opportunity.
On both sides of the closest support and resistance which I call level 1 on the chart, we can observe a second level zone that strengthens the view the that eventually the price will fluctuate between them. I deliberately added a stop loss below the second level support, that even if it does break through, we give the price some time to recover and be pushed up to the first level resistance eventually.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
About the links below:
20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes
Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Recent success stories:
ENJBTC is forming Bullish Structure Right Now!As soon as the ENJ/BTC completed the correction structure, an upward impulse reflection occurred. According to Elliott Wave theory, this is a typical SetUp of impulsive structure where a third wave breaks through a rising channel and then use it as a Support. At this moment, ENJ is completing the third wave, so be prepared to make purchases in the fourth wave, on the upper trendline. Take profit zone will be at 1500sats.
Enjin Coin BooM! (+40%+ Today) Chart MappedWe have another one to add to the list and that is Enjin Coin (ENJBTC).
This one isn't growing as much as the others but will surely follow.
Right now prices moved above all major EMAs including EMA300 which would be the strongest resistance.
With prices now trading above these levels, the next target can be hit.
We are aiming at 0.00002055 for 70%+.
Conditions for change
If ENJBTC goes down and prices close below MA200 (0.00000939), the above signals become invalid.
Thanks a lot for reading.
Namaste.
ENJBTC BINANCE4H candles
Enjin is one of the promising projects to succeed
Once price broke the parallel downtrend channel
gave us a nice +75% at the pick at 4/2/2020.
As long price stays in the parallel uptrend channel
will have bullish trend
Targets:
1324 satoshi
1411 sat
1500 sat
Take Profit up to +25%
Stop Loss -7,8%
Good Luck
ENJ ANALYSIS (READY FOR MOVE UP?)ENJ ANALYSIS:
ENJ looks to have been forced down by a whale recently on a major selloff. This selloff was quickly eaten up by buyers, and lune has not decreased since. This is strong positive sign for a bullish attempt to break thru the recent top at 1600+ sats. I expect another push up to T1 at 1650 sats, followed by T2 at 1790 upon the break thru. The final target is set at 1940, which enters a daily resistance order block band. This is a likely spot for rejection. Until then, stoch turned bullish and RSI has room for growth after the sell off. Look to exit upon the break into the daily resistance block.
Possible Entries: 1500-1520 sats
ENJ/USD LONG SET UP FOR NEW ALL TIME HIGHSThe news was released on Tuesday and it says that game engineers will be able to benefit from what decentralized inventory has to offer, from integrating both gaming and non-gaming assets based on blockchain and from managing economic mechanics when it comes to the game play. Here’s what Maxim Blagov, Enjin’s CEO, said in a press release (blog.enjin.io) about the platform:
“OUR PLATFORM IS DESIGNED TO INTEGRATE SEAMLESSLY INTO NEW AND EXISTING GAMES ALIKE, PROVIDING A COMPETITIVE EDGE TO STUDIOS OF ALL SIZES AND ACROSS ALL GENRES.”
The ERC-1155 Token Standard Supported
The Enjin Platform is comprised of many services and tools based on supporting Ethereum’s ERC-1155 token standard web interface that developers may use in order to integrate non-fungible (NFTs) and fungible tokens in a smart contract. NFTs are used for crypto collectibles and most known for having some rare aspects. They use the Enjin coin (ENJ) (bitcoinexchangeguide.com) to back the in-game assets’ value.
ENJUSD Possible breakout Take from this what you want to.
TP 1 .143ish
TP2 .1.49ish
Seems to have a confirmed break out of trend lines
Looks like a good short term play. Long term breakout happened 3rd week in Jan so possible 1week+ play.
Over all looks strong in my opinion.
Let me know your thoughts or questions or dm me!
not advice just an idea.... I am some random dude on the internet...
ENJ / BTC Break through support. Work in the channel 40%After breaking through the accumulation channel, the price of the coin formed a triangle, which was broken down over time.
At the moment, the price has broken through support (mirror level). Price goes to the previous accumulation channel.
Trading inside the channel from pivot points (zones) that act as support / resistance levels.
At the entrance, use an adequate Stop Loss value, but also take into account the volatility of the trading instrument.
Previous trading idea for this coin:
1) TRAINING
How to make pumps. Example ENJ Accumulation Phase Potential + 600%
Trading idea yielded + 50%
2) Enj. Trading channel 45%. pivot points. Potential + 45-600%
Trading idea yielded + 50%
3) ENJ Symmetrical triangle. Price in the corner, denouement soon.
Enjin Coin Gains Momentum | Can Go Higher | Chart MappedEnjoin Coin is doing massive bullish action, we have 7 consecutive green candles printed on the chart for 23% of gains in a few short days... Let's take a closer look.
Here we have a full retrace all the way down to the .786 Fib. retracement level. This is very strong support and as we can see from the chart above it signaled the end of the retrace and a change of trend.
Prices for Enjin Coin (ENJBTC) are now trading above all major resistance levels in the form of EMAs, including MA200 in black.
We are seeing above-average volume with a very strong RSI.
The MACD above 0 is a bullish signal.
Enjin Coin can easily continue to grow here... Let's take a look at the daily timeframe before we leave:
Here we can see MA200 conquered and lots of room left available for growth... Feel free to hit LIKE to show your support.
Namaste.
Previous analysis | Enjin Coin Going For A Higher High | Next Move Mapped
ENJBTC Enjin about to explodehey guys welcome for an altcoin update
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Looking at ENJBTC strongly moving ahead and constantly challenging resistances
showing strength with positive divergence with no red flags
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taregts are +1400, +1750 sat
SL 850
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that's all for now, hope this idea will help you making good profits
for more updates follow me here and twitter
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this is Husain Zabir, signing out
Thankyou...