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ENJ

ENJ - Enjin coin - Breakout seems inevitable !!!I think ENJ is ready to make some moves and I am going to show you why. Huge correction and downtrend since Jan. 12th Sideways accumulation period for a month now. Finally just pierced the 3 month descending triangle. Let's look at the indicators close up: RSI oversold a month ago, nonstop rise since, now at even distribution MACD has been underwater since the 1st week of Feb. Steady increasing momentum since, about to come back up for some fresh air. My ENJ trading plan: ENJ on Binance Buy up to 1500 Target 1: 1725 Target 2: 1950 Stop Loss 1275 Rating 3 stars out of 5 Volume 760 btc
Long
by redking75
6
ENJ pivot point; watching closely for directional trendI know I've got that chart tatted-up like an inmate, but these trend lines give us a good indication of what kind of support/resistance we're looking at moving forward. The mid-term support line I calculated seems to be holding up despite a good amount of sell pressure, and this incoming squeeze will test it further. With some momentum or a news catalyst I could really see this taking off any day now -- chart looks great from multiple frames.
Long
by Occamstock
ENJ + UNITY PARTNERSHIP = TIME TO GET INENJ + UNITYPARTNERSHIP = TIME TO GET IN Off of ENJ's twitter feed. "PRESS RELEASE: Enjin and Unity Technologies Advance True Item Ownership Through Asset Store Partnership" With a 66.80% retracement from it's ATH for the past few months, ENJ posted 35% gains from it's new base support line for WAVE 1. ENJ retraced by 50% retracement from 1748 stats and has been dancing around sideways (although very extremely with following red and green candles. Momentum showing on the 4 HR STOCH RSI showing it will break upwards BUY-IN between 1479 - 1751 stats. . Stop loss at 1400 stats. T1 @ 2087 stats. T2 @ 2360 stats. This analysis is for educational purposes only and not financial advice. The Unicorn of the Sea - Narwhal
Long
by UnknownUnicorn2706281
ENJ coin revving up?Enjin has a symmetrical triangle forming overall. Currently the price is consolidating and that confirms a potential triple top within the triangle. Potential price movements have been plotted in green and potential bear bounces off of resistance are in red. StochasticRSI is indicating a bullish divergence. Currently at ~62. A bounce before 80 will help to signal the triple top pattern is forming. Volume shows there is selling pressure and we are bearish after the long rally we see in the past 2 hours. Price will most likely continue to consolidate until it reaches the .382 or .236 fib levels. Watch for a break to the upside of the triangle, if the volume becomes bullish within the next few hours
by SpektreSignal
2