ENJBTC daily 20% upside (speculative setup) (NEW)before we kick start the update. your upvotes/subs are appreciated.
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ENJBTC 20% upside (speculative setup) (NEW)
IMPORTANT: this is a speculative setup, performance
is not guaranteed, so please use a tight stop loss.
ENJBTC nice pop today. up 8-10% for the day. up to 20%
upside remains. Higher risk BUY at current levels.
if there's a pullback later, you can reload for
TP near 1600. 20% upside in this trade.
good luck traders!
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ENJBTC
ENJBTC is forming Bullish Structure Right Now!As soon as the ENJ/BTC completed the correction structure, an upward impulse reflection occurred. According to Elliott Wave theory, this is a typical SetUp of impulsive structure where a third wave breaks through a rising channel and then use it as a Support. At this moment, ENJ is completing the third wave, so be prepared to make purchases in the fourth wave, on the upper trendline. Take profit zone will be at 1500sats.
Enjin Coin BooM! (+40%+ Today) Chart MappedWe have another one to add to the list and that is Enjin Coin (ENJBTC).
This one isn't growing as much as the others but will surely follow.
Right now prices moved above all major EMAs including EMA300 which would be the strongest resistance.
With prices now trading above these levels, the next target can be hit.
We are aiming at 0.00002055 for 70%+.
Conditions for change
If ENJBTC goes down and prices close below MA200 (0.00000939), the above signals become invalid.
Thanks a lot for reading.
Namaste.
ENJBTC 200 MA Fractal| Structural Resistance |Increase in volumeEvening Traders,
Today’s technical analysis will focus on ENJBTC, noticeable bull volume coming in, it needs to close above structural resistance.
Points to consider,
- consecutive higher lows
- Structural resistance to break
- Respecting trend line and 200 MA
- RSI projecting up
- Stochastics in the lower regions
- Noticeable bull volume
ENJ has been putting in consecutive higher lows, it must maintain this projection for a bullish bias. Structural resistance to break, a close above this level will confirm the trend change.
ENJ has been respecting its blue trend line, and bounced of the 200 MA, putting emphasis on a probable fractal, historically it leads to a pump.
The RSI is projected up, neutral territory whilst the stochastics on the other hand trades in lower regions; it has stored momentum to the upside.
There is a noticeable increase in bull volume which must sustain over the next couple days; this will increase the likelihood of breaking structural resistance.
Overall, in my opinion, ENJBTC needs to break resistance with a close; the macro trend will then be changed with a confirmation.
What are your thoughts?
Please leave a like and comment,
And remember,
“Hope is bogus emotion that only costs you money.” – Jim Cramer
ENJBTC BINANCE4H candles
Enjin is one of the promising projects to succeed
Once price broke the parallel downtrend channel
gave us a nice +75% at the pick at 4/2/2020.
As long price stays in the parallel uptrend channel
will have bullish trend
Targets:
1324 satoshi
1411 sat
1500 sat
Take Profit up to +25%
Stop Loss -7,8%
Good Luck
ENJBTC: READY FOR NEXT 450%.Thanks for Taking Interested in my Trading Idea.
ENJBTC: READY FOR NEXT 450%.
WE HAVE SAW SOMETHING ON CHART ON PREVIOUS TIME I THINK IT WILL REPEAT NOW AS WELL
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ENJ ANALYSIS (READY FOR MOVE UP?)ENJ ANALYSIS:
ENJ looks to have been forced down by a whale recently on a major selloff. This selloff was quickly eaten up by buyers, and lune has not decreased since. This is strong positive sign for a bullish attempt to break thru the recent top at 1600+ sats. I expect another push up to T1 at 1650 sats, followed by T2 at 1790 upon the break thru. The final target is set at 1940, which enters a daily resistance order block band. This is a likely spot for rejection. Until then, stoch turned bullish and RSI has room for growth after the sell off. Look to exit upon the break into the daily resistance block.
Possible Entries: 1500-1520 sats
ENJBTCthe asset gets close to BB50 basis and as RSI indicates the over sold situation it is possible to see a rise in coming days as a result of
volume rising .the BTC dominance is reducing and it seems that the ALT session have started .maybe it is the time to buy your alt
the short term target is 16 sat and the loge is 17 .time is the key and with profit for all of us.
ENJUSD Possible breakout Take from this what you want to.
TP 1 .143ish
TP2 .1.49ish
Seems to have a confirmed break out of trend lines
Looks like a good short term play. Long term breakout happened 3rd week in Jan so possible 1week+ play.
Over all looks strong in my opinion.
Let me know your thoughts or questions or dm me!
not advice just an idea.... I am some random dude on the internet...
ENJ / BTC Break through support. Work in the channel 40%After breaking through the accumulation channel, the price of the coin formed a triangle, which was broken down over time.
At the moment, the price has broken through support (mirror level). Price goes to the previous accumulation channel.
Trading inside the channel from pivot points (zones) that act as support / resistance levels.
At the entrance, use an adequate Stop Loss value, but also take into account the volatility of the trading instrument.
Previous trading idea for this coin:
1) TRAINING
How to make pumps. Example ENJ Accumulation Phase Potential + 600%
Trading idea yielded + 50%
2) Enj. Trading channel 45%. pivot points. Potential + 45-600%
Trading idea yielded + 50%
3) ENJ Symmetrical triangle. Price in the corner, denouement soon.
ENJ/BTC Long opportunity ENJ/BTC pair shows continuation long trade opportunity in weekly, the price tries is now at the resistance level, and I think it will break out sooner or later.
If you go back to the daily chart, both my indicators show bullish entry as well, the risk rewards is very attractive, stop loss at the previous swing low, will take some profit at 1919 level , then 3000 level.