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ENJBTC

ENJ/BTC: Higher Lows, Looking for Further Momentum 2D (Aug. 13)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we look at Enjin Coin's (ENJ) 2 day chart, identifying key trend lines and areas of support. Analysis - ENJ has been creating higher lows and higher highs, until recently it has had a corrective trend - Prices bounced on historical support, marked by the blue area - It is currently trading below the 0.382 Fibonacci resistance, and has tested the 0.618 resistance with a wick - However, as the overall trend is bullish, we could expect further bullish price movement from ENJ What We Believe Given that Bitcoin ranges sideways for a while, Bitcoin dominance will drop accordingly, providing opportunities for a bullish altcoin market. The overall cryptocurrency market is bullish, just as ENJ's overall trend. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
3
Enjin Coin ENJ/ BTC - Swing Trade / long-term investmentOscillators indicate buying signals for ENJ on the ENJBTC chart on the 1D and 3D TF. It seems like Enjin Coin has completed an ABC correction and that it has found support on the 200 SMA from where it has already bounced. Currently there is sufficient bullish momentum for a 16-23% pump (entry between 0.00001625-0.00001642) before a further correction to the downside (which is indicated on higher TFs). Swing Trade ENJ-BTC (R:R=1.3): entry#1: 0.00001625-0.00001642; TP1@0.00001898; TP2@0.00001998, with 3% TTP SL@0.00001348 (SL timeout = 19000s) NO stop loss recommended for this crypto for fundamental reasons / long-term hodlers (in case price falls considerable lower, add more ENJ to your portfolio -> accumulate it and hodl/stake it for long-term) I´m not a financial adviser. For educational purpose only!
Long
by Asset-Ethology
#ENJBTC Bounce or die, (another) buy the dip opportunityLast (strong) support reached for $ENJBTC, touching the 3 months descending support/resistance line, the 6 months major upper trend support line (broken once during one week in March), and the 100 days Moving Average. We are quite far down from the fractal pattern shared previously, and I moved the exponential rising line accordingly. I am still expecting the trend to resolve on the upper side. RSI is also touching an 11 months raising base line.... We shouldn't close below 1800 satoshis... After 3 days below that level on the daily, that would confirm a reversal, quite unlikely in my opinion.
Long
by Crypt0p0tat0
4
ENJ ON FIRE! CHARTS SHOWS LOT OF BULLISH SIGNALS!ENJ/BTC - BULLISH NEWS - BIG MOVE COMING? ENJ shows bullish signs after get listening at some DEFI Plattforms. In my Opiion DEFI is the next huge thing! Be prepared for it! Entry: Between 0.00002235 BTC - 0.00001985 BTC TP1: 0.00003409 BTC TP2: 0.00004120 BTC ITS NOT A FINANCIAL ADVICE, I JUST SHARE SOME IDEARS AND TRY TO CREATE SOME CONSENSUS ABOUT KRYPTO! IF U HAVE ANY QUESTIONS, PLEASE FEEL FREE FOR SENDING ME A PN #BUYBITCOIN - CHEERS!
Long
by Blockcoach
Enjin Bounces of Ascending Channel Support - Buy OpportunityI really like this set up for Enjin vs BTC. The price action has been moving within this ascending channel since 2019 and recently confirmed support, giving us a nice bullish continuation setup. I outlined an inverse head and shoulders set up in green. It actually looks like we already broke the neckline and completed the pattern, but the price has returned back to the neckline which gives us a second chance to buy some before lift off. The MACD is bullish, holding above the zeroline with a near cross over the signal line. I'm long here! Look for resistance at the top of the channel, but don't be surprised if we bust right through it.
Long
by jpbrown1023