ENJ needs oil for it's engineMomentum-wise ENJ is neutral. Nothing on MACD, lows aren't moving.
The only thing that makes me a slighly more bullish than bearish is that highs are making new lows but lows don't make new highs.
Normally this occurs at the period of accumulation. Whales are trying to get as much cheap ENJ as possible before the pump. Think of this as if you're pushing the water down the fire hydrant and not able to push it further. What will happen next?
If you're able to watch this trade during the day, put stops behind that support zone, watch the action and move your stops as price grows
This might get interesting soon.
Good luck and see you around :)
ENJ
enjin about to moonvery simple analysis based on previous movement, which ironically took place exactly a year ago
just another type of scenario; follow golden cross, buy in when price touches ma200 and... boom.. hopefully!
action may begin around early/mid february
it s gonna be huge fun if it works out
please note that this is not an investment advice, and always do your own research before investing
LONG - ENJ - Trading OpportunityBounce of the MA200 on the daily chart, along with a very nice hidden bullish divergence, take this trade with a small position size, as the stop loss is quite far away.
Entry: 0.00000935
Target 1: 0.00001264
Target 2: 0.00001466
Target 3: 0.00001692
SL: 0.00000819
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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
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
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.