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ENJ

Enjin Coin VS Bitcoin Support RejectedEnjin Coin has corrected down to 76.4% Fibonacci support, at 969 satoshis, that has been rejected cleanly. Prior to that ENJ/BTC also rejected the 8/1 Gann Fan trendline, by failing to close below with confidence. The trend now seem to become bullish and price should continue rising. The nearest upside target is seen at 4.1k satoshis, which corresponds to the 127.2% Fibonacci and the 4/1 Gann Fan trendline. On a downside, Enjin Coin might take some time to start moving higher and range trading could take place. Although only break and close below the 969 satoshis support could invalidate bullish outlook.
Long
by CryptoPAMM
Enjin Coin AccelerationEnjin coin has formed a strong bottom at $0.09 area, where price bounced at least three times. Since the beginning of April ENJ/USD price was consistently moving up while bouncing off the uptrend trendline.  The rise has resulted in the break above the 200 Moving Average followed by the downtrend trendline break. This is the first strong signal of a potential trend reversal, that could result in a 230% growth from the current price. The first strong resistance is seen at $0.32, which is 127.2% Fibonacci retracement, applied to the corrective wave down where double bottom was formed. The second and key resistance is based at $0.5, which is 227.2% Fibonacci retracement level. On the downside, Enjin coin could correct down to the $0.1 psychological support before growth continues, but only break and close below the $0.09 support could invalidate bullish outlook and extend the consolidation.
BINANCE:ENJUSDLong
by CryptoPAMM
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