Enjin/Bitcoin MyLongTerm Forecast, important lessons for newbiesI'm watching Alt coin/Bitcoin charts from 2013 to 2019, i will tell you most important things what i learned from it.
1- You cant buy the exact bottoms or sell exact tops.
2- You cant buy right before breakouts.
3- Dont start accumulate before all the well known indicators shows you "its right time to buy" for example weekly EMA-MACD-RSI-OBV
4- Never buy all in any Alt coin. buy daily piece by piece
5- You should keep it mind. your belief will be tested.
6- Never keep your Coins on an Exchange more than 4-6 hours. be obsessed about your coin's security and always use cold wallet.
7- Dont wait EMA-MACD-RSI-OBV confirmation for taking profit.
8- Take your Profits when Bullish Momentum starts losing steam. sell hourly piece by piece
9- Dont be obsessed about selling at top, most of the time you will have another shot.
10- Dont buy back or atleast in same week you took your profit.
Best indicator for top :
When you really feel amazing about your gains, refreshing your portfolio every five minutes, you think you are very intelligent person and you cant wait to share what you have done with your loved ones;
"VERY STRONG SELL"
Good Luck
ENJ
31.7.2019 - Enjin Coin ( ENJ / BTC )Hi traders!
We are going to analyse ENJ/BTC today. It's the first time we are going to look at low cap altcoins against bitcoin. Why just now?
It's not any secret, bitcoin dominance has been falling . Despite this trend, many altcoins look very good on charts. Crypto cycle has remained the same. Growth - fall - connsolidation and again. As bitcoin was rising from 3 600 to 13 000 USD, altcoins were falling. The fall was really extreme in some cases. Similar in the case of Enjin Coin. Consequently, altcoins started to consolidate and grow gradually. In the recent days, some altcoins have been growing more substantially and have done interesting percentage. One of the next rising stars could be ENJ.
For small altcoins against bitcoin we use 4H chart and BK method , which is based on moving average. Falling wedge can be seen on the chart, it's a pattern that changes trend . Moreover, we are above MA77 too. Despite the price decrease in the last hours, ENJ is going towards growth. There's so much space for this growth . While bitcoin consolidates or decreases, altcoins have an opportunity. A pump wouldn't be unussual either, because ENJ is followed by a bunch of traders on Telegram. It's highly probable its time will come in the upcoming days or weeks. It's very important we have broken from falling wedge and now we are going confirmation. Our top priority is to stay above the trend line and MA77.
May the Crypto be with you!
Enjin Coin Moves Above EMA10 (Bullish + 105% Profits Potential)Enjin Coin (ENJBTC) just moved past EMA10 on the daily time frame/scale and looks like it can easily move higher.
Trading above EMA10 equals bullish potential.
On the chart we can notice:
A broken downtrend line.
Increasing volume.
And our targets.
Looking at Enjin Coin longer-term, it has huge potential for growth.
This is just a friendly warning... Thanks for the continued support.
Namaste.
ENJBTC is likely to move up from support| Up to 440% expectedSince Oct 2017 the priceline of Enjin Coin cryptocurrency is moving wihing an up channel and now price action is hitting at support of channel and since 2017 no breakdown of this support ever seen.
The MACD is turning bullish.
Stochastic is in oversold zone.
The sell volume is decreased.
I have taken Fibonacci retracement from resistance of the up channel upto the support and set the sell targets accordingly and those sell targets are as below:
Sell between: 0.00002513 to 0.00004324
Regards,
Atif Akbar (moon333)
ENJ/BTC setting up for a pumpENJ/BTC has one of my favorite setups here.
Retraced the bubble pump from the Samsung hype news fully.
Momentum is shifting, selling exhaustion is becoming apparent.
Fundamentally solid project as well.
Agressive entries in this 870-800 area (smaller position size, with stop loss below 700).
Conservative/safer entry on a breakout above the falling wedge pattern (in that case, stop loss would be below 800).
My max risk for alts is 2% of trading capital (if stop gets hit, I lose 2%).
Everyone has forgotten about ENJENJ continues to drop like almost all other alts
We do see some descending price + rising OBV, which could see a move higher in the coming days/weeks especially with BTC dominance looking like it wants to pullback
Targets on this coin could return substantial amounts of $$$ at the levels it currently sits at but the risk is still there with a break to new lows
$ENJ / $BTC Great volume displayed over the last 12H...$ENJ / $BTC Great volume displayed over the last 12H
Entering now seems risky as we can expect some retrace to retest what now would be a support if hodl
Waiting for a HL pivot near ~950sats could be a much better entry for a long to 1150sats+
Falling to hodl is an exit.
#ENJ
ENJ Excellent potential in the short and medium term assessment!ENJ - Excellent potential in the short and medium term assessment!
Purchase price BUY 0.00001030
Price of purchase BUY 0.00000970
Short
Take Profit: 0.00001100
Take Profit: 0.00001230
Red Medium Time
Take Profit: 0.00001460
Take Profit: 0.00001700
Stop loss: 0.00000950
Recommended trading volume: can reach 5-10% of the size of your deposit.
EN #ENJ 10-25% profit fix
ENJ BULL-FLAG!!!Hi!
So here we can see ENJ forming a BULLISH-FLAG!
We are having resistance on the upper trendline channel.
Once this one breaks although, THEN! We can expect ADA surging to higher levels!
All we need is closing on the Daily Candle above that given resistance here and push with a decent Volume.
Follow for more easy visualizations like that.
Good Luck Trading! :)