ENJ
MODERN VERSION OF THE GOLD RUSHA gold rush is a new discovery of gold—sometimes accompanied by other precious metals and rare-earth minerals—that brings an onrush of miners seeking their fortune.
Times change. History repeats itself, just in different forms.
Eventually blockchain technologies will become part of our daily lives without even realizing it.
In future the wealth of the people will be transformed into digital assets and the ones who are capable of realizing the idea now shall be rewarded.
Further on.
Looking on the 4H time frame.
ENJIN COIN is going as expected in the ascending triangle pattern .
Expecting it to breakout in the upcoming days, together with COINBASE:BTCUSD
Crawling above the ichimoku cloud, and having volume increased.
ENJ - BULL FLAG TRAPPED IN SIDEWAYS CHANNEL - CryptoManiac101ENJ / USD TA
Here we are looking at a bull flag that got trapped in sideways channel.
Is this a BUY or SELL?
Short term entry here is higher risk VS if we wait for it to clear local resistance.
In long term it's a BUY as seen from chart below. We see it bottomed out and bounced off long term established support.
LONG - ENJ - Trading OpportunitySupport holding after the recent pump and looking like it will be retesting previous highs.
Entry: 0.00001097
Target 1: 0.00001221
Target 2: 0.00001336
Target 3: 0.00001451
SL: 0.00001034
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ENJ Symmetrical Triangle Soon the outcome of the situation. PumpAfter the pulse, a symmetrical triangle formed above the accumulation channel. The figure of uncertainty. But it is important that at the moment the price over the accumulation channel and the volatility is clamped into the corner of the triangle. Soon there will be a denouement of the situation.
TARGET:
1) The first goal in the event of a breakthrough of the triangle up to a local maximum of + 25%.
2) The second goal and the full development of the figure + 50%.
3) Further on the situation, as a breakdown of resistance will take place and consolidation above it.
If this happens, then a full-fledged pump starts at hundreds of percent.
I showed all the TARGET in this trading idea:
EDUCATION
How is pumping coins done. Example of working on an ENJ +90-600%
Entrance is only on a breakthrough or rollback after a breakthrough . It depends on your trading strategy and manner of work.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
If the triangle breakthrough is confirmed and the pump starts, work on a similar principle as I described in the training idea using the MATIC coin as an example and used it to shoot a video on my youtube channel. I will not repeat.
The educational idea of working on such coins using the MATIC coin as an example:
EDUCATION
Pyramiding online on a coin for pumping. Matic. Smart trading.
ENJ the next big boy in crypto #gemhunt 200% profit potentialhey guys welcome for another gemhunt in altcoins, now as you know previously we picked some of the best altcoins for you which gave huge huge profits in just some time, our first pick was Matic and second one was One we took great entry and exit points in both of this coins, next coin i want to add in my list is ENJ or Enjin, which is something definitely looks damn bullish and strongly holding support levels even against Bitcoin's price volatility.
now in the upper chart which is 3day candle chart, the first thing you see is the red support line which bulls strongly hold upto 6 months, this is the major line between bulls and bears, if prices goes below this than its really difficult to say where drop will hold the support
next is the green line the major short term support level we need to hold for the next rally any daily close below this will lead the drop towards the red line, so that's a good place to set your stops, right now this short term support is sitting around 0.075-0.077$ level
the horizontal white lines are small resistances where you need to take profits and cut your position, and the pink zone you see will be the first major resistance and after that the red zone is more likely the place where you expect a reversal, incase if prices breaks the red zone than 0.025$ could be the last extended stop for the rally.
at the bottom as you see 3 day RSI is clearly making a higher lows with prices forming lower lows formation, indicting for a strong bullish divergence.
here's the weekly view of ENJ, now the very first thing are the moving averages which you see in chart, clearly we made a successful weekly close above 55 and 21 wema which is a strong indication of a rally, plus bulls are strongly protecting 21 wema which is right now sitting around 0.075$, another major factor is my custom indicator which has just left the green and blue zone and strongly moving in the yellow zone, so clearly no sign of weak momentum, next thing to notice is the upper trend line you see connecting tops which is the key level we need to break to keep moving higher.
here's the daily chart which looks damn beautiful, notice that how perfectly prices hold the golden ratio fib618 level for almost 6 months, even when bitcoin is highly volatile ENJ keeps hold its position, and my custom indicator is showing that we've now moved in the red zone which is a strong signal of keep moving higher and making higher highs and keep breaking resistances.
alright, that's all for now guys, do hit like and follow us so that we keep bringing awesome new trading ideas for you so you guys keep cashing out with profits
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this is husain zabir signing out
thankyou...
ENJ 1H: Tokenize Me*This is not financial advice. Do your own research.*
In the matter of a few days, companies showing public interest in NFTs has grown wildly. Microsoft announced Azure Heroes, which actually uses the Enjin blockchain, Nike announced ERC-721 use for tokenizing their sneakers, Binance announced NFT collectibles for the holidays (using 1115, possibly Enjin in the interim until their planned move to BEP7), and a few less notable companies.
Microsoft caused the huge pump on this chart, but I'm inclined to believe that it's not over.
OBV is at ATH.
Above observations are self-explanatory. Good luck!
$ENJ lower TF: RSI & MACD divergence, falling wedge at support.if $ENJ doesn't hold here we could see 1080-1050, but I think a 12-15% bounce here is more likely. Looks very similar to $fet's retest of lower TF support and that ended up bouncing 20%+ ...Lower TF: RSI & MACD divergence, falling wedge at support.