Enjin
ENJBTC trade idea (wait for pullback)Im still waiting what will happen to btc on april fool's day but right now enj btc have been bouncing back and fort from its trend lines which I think is a good trade since it is respecting it. I think a good entry is around 1k sats or possible a little higher. trade will be cancelled if it doesnt go down.
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 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
Ravencoin - The legendary altcoin setupBear with me but I don't think I need to do much explaining on this as the chart explains itself for the most part. This coin will depend on the success of BTC, since BTC is doing good and trading above the 30 week MA it's a good sign for the altcoins. I included related ideas below. All hell should break loose in RVN and ENJ simply due to the psychology behind the big boomy trends. It appears like these 2 altcoins created a massive impulse wave followed by a stable support and there is a lot of room to play catchup now towards the upside. The MACD gave a buy signal on the weekly and it's trading close to the 30 week MA(Some people like to use the 200 day MA instead of 30 week MA, they're very similar) Don't overthink it, news means nothing on altcoins. The altcoin market WILL continue to go up and RVN will soon be in the top 15.
Enjin Coin Gains Momentum | Can Go Higher | Chart MappedEnjoin Coin is doing massive bullish action, we have 7 consecutive green candles printed on the chart for 23% of gains in a few short days... Let's take a closer look.
Here we have a full retrace all the way down to the .786 Fib. retracement level. This is very strong support and as we can see from the chart above it signaled the end of the retrace and a change of trend.
Prices for Enjin Coin (ENJBTC) are now trading above all major resistance levels in the form of EMAs, including MA200 in black.
We are seeing above-average volume with a very strong RSI.
The MACD above 0 is a bullish signal.
Enjin Coin can easily continue to grow here... Let's take a look at the daily timeframe before we leave:
Here we can see MA200 conquered and lots of room left available for growth... Feel free to hit LIKE to show your support.
Namaste.
Previous analysis | Enjin Coin Going For A Higher High | Next Move Mapped
#Enjin Coin | A Good Area To Climb Up AgainEntry : 0.00000903 - 0.00000848
Target 1 : 0.00001025
Target 2 : 0.00001184
Target 3 : 0.00001389
Target 4 : 0.00001689
Target 5 : 0.00002024
Stop loss : 0.00000695
Risk/Reward : 17%/140%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
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ENJ IS ABOUT TO MOONSHOTEnj is one of the best looking altcoins. Just buy it. We had 124 days of accumulation. A big pump in december, retraced all the way back to the top of the accumulation zone. Regained the monthly support. I expect big things next month. Target is the black monthly level at the top.
ENJUSDT: First Contact of 200D 1.25 Stdev Upper Band in Months*Not financial advice*
I had tweeted out about this setup weeks ago after $ENJ had finally dumped sufficiently following hype from Microsoft's announcement of their pilot with Enjin for "Azure Heroes" NFTs. twitter.com
These long term bands are finally compressed quite tightly (relative to the massive expansion for Samsung's announcement last Spring), likely signaling a very volatile event in the mid term. In addition to this compression, ENJ/USD has steadily come closer to the 200D mean, and like in last Spring, maintained a very close distance to this MA for some time (these last few months) before exploding upwards. A pump through the upper 200D bollinger band at 1.25 standard deviations, a very reliable price pivot area, would likely result in a multi-week (and very volatile) rally. And somehow, this price even lines up as the entire vertical range's point of control (POC), likely a result of intense accumulation at this price for the two other cycles.
Be sure to do your own research into Enjin, because this has proven to be a very interesting project over the years.
I will attempt to update this post with targets as this unfolds, but activity like this isn't really too easy to plan for. Good luck!
Enjin about to explode in 2-3 weeks (check the past)We saw a new golden cross (daily chart) between ENJ/BTC.
(Few days before golden cross between ENJ/USDT).
When we look the past, we can see a big explosion just after the Golden Cross.
The MACD is also in the same situation. So we could expect a big pump in few days / few weeks.
enjin about to moonvery simple analysis based on previous movement, which ironically took place exactly a year ago
just another type of scenario; follow golden cross, buy in when price touches ma200 and... boom.. hopefully!
action may begin around early/mid february
it s gonna be huge fun if it works out
please note that this is not an investment advice, and always do your own research before investing