Enjin
Enjin Scalping Movementsworking on 1h Timeframe.
Enjin is a strong coin. it gone high those days and still in a correction but still can make money on a strong coin.
keep in mind that this coin is under correction so it can break down at anytimes.
here u can see how to trade fluctuations between EMAs.
Buy Around 4000ish 200 EMA Support.
Sell Around 4600-4700 EMA50-100 Acting as resistances.
STOP LOSS under 3700 if you see a real and fast breakdown.
And as Always look at BTC Movements as it can influent everything.
Stay Safe.
Happy Tr4Ding !
ENJ - One more rally?Who knew ENJ would fly as much as it did! My last chart of ENJ ended up yielding a whopping 300%, however I played it safe and took profits a bit early at 242%. Regardless, profit is profit and I said if I saw another interesting opportunity with this coin I would post another chart: so here I am.
This play is a bit more risky that the previous one, but has the potential for some decent profit. Keep in mind, I do say this is risky because we are still up more than 200% over the past week meaning there could be even more correction. Because of this, I'm encouraging you to use a VERY TIGHT stop loss. I like taking risky trades because you always miss the shots you don't take, and the possibly reward heavily outweighs a minor loss (assuming you set a good stop loss).
Anyways, on to the details! Huge news for ENJ in 4 days (March 14th) with the Unity Development SDK release for ENJ hitting the market. This is a huge event that is tapping into the mobile game industry (and Unity games in general) that can bring extreme adaptation to non-technical users. There is so much to talk about, but you can read more about it in my previous chart. Aside from that, we are in a falling wedge pattern which tends to be bullish. I've been expecting ENJ to correct for the past few days as it has reached crazy heights. Right now it looks like it is attempting to break out, if it does I will buy a position and set a very tight stop loss. Otherwise I will wait for it to fall into my buy zone and set a stop loss under the support. I have no specific targets, so I will just make reference to the fib levels and aim for ~5,479 and ~6,398 sats.
As always, please don't FOMO and forget to set stop losses. Again, this is more risky than my previous chart and I always advise people to be prepared for the opposite to happen.
My Strategy:
Break Out Entry: Anything that goes above the resistance.
Break Out Stop Loss: About 50-75 sats below the breakout level.
Normal Entry: 4,450-4,750 sats
Normal Stop Loss: About 50-100 sats below the support level (corresponding to the time frame).
Targets: 5,479 sats, 6,389 sats, (possibly more?)
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Vroom Vroom, the Enjin has started!Hello dear crypto friends!
ENJ/BTC has caught my attention, since we basically 5xed in almost no time, from 1.000 to 5.000 Satoshis. The last beautiful 4H Equilibrium break-out saw more than 60% gains, leading to a nice Bull-flag on the Hourly now: It can still see some upward movement, but be cautious, since most Alt traders are aware now. The first traders who have been on the ride longer, could dump their holdings.
While those smaller coins might not be attractive for traders with bigger account sizes for their low liquidity/problem to get out quickly, it might be worthwhile if you're playing smaller Satoshi's. Have a great weekend! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Enjin - Big Things to ComeEnjin has had a phenomenal run over the past few days due to some major events for the project. Fundamentally speaking, ENJ still has a lot to deliver in the near future and could leave room for another pump. First of all, what started the initial take off, we have the Samsung partnership with the new S10 hardware wallet utilizing ENJ's network. This can be huge when the phone comes out, especially with ENJ's focus on mobile application development. This can hit the mobile market in the near future with Samsung's newest phone. The phone has the ability to operate with unity games, which brings up another event. Additionally on March 14, in 10 days, which is the release of the Blockchain SDK on Unity's store (twitter.com). Hundreds, if not thousands, of game developers have been awaiting this release in order to easily integrate ENJ into their games. This can bring a very easy adoption of cryptocurrency to your average smart phone user. Aside from the events coming up, there is a clear bull pennant on ENJ/BTC (as well as the other pairings). Based on this formation, I will be setting the following:
Entry 1: 2,100 sats
Entry 2: 2,040 sats
Stop Loss: 1,970 sats
I'm not setting specific targets, I will take profit when I see some decent gains.
#ENJ/USD $ENJ Enjin Coin - weekly LONG idea#ENJ/USD $ENJ - weekly LONG idea
Range .021 - .078
testing resistance at .035
low volume possibly increasing
VOL ATR - LONG
RSI/MACD normal, momentum buy side bias
LONG
next test resistance ~ .054
support at .021
If my charts are helping, please consider using my binance referral link to trade $ENJ
thank you, and trade responsibly - this my idea not financial advice
Binance ref link: www.binance.com
Enjin is soooo HOT right now, DON"T FOMOBINANCE:ENJBTC should take a breather after a move like that...WOW! This is why we trade crypto, but if you missed that blastoff DO NOT FOMO
Let the price come back to your buy orders. Not all orders need to be filled to make successful trades. Patience is so important. Here's four entries I'm looking at for a bounce play...
2091 sats
1824 sats
1555 sats
1359 sats
Will update as this develops, let me know your thoughts and share your ideas!
70% 1D candle on Enjin. WUTCouldn't tweet before about $ENJ but in the last 15 days it performed really good, with todays candle over 70% movement (WUT ).
The UCTS buy signal active since Feb11 when the price broke above the descending channel
Expect a pullback to retest ~1220 support #ENJ Lock profits!
#ENJ Enjin accumulation started - 35% profit expected.#BUY #ENJ #SHORT-TERM CALL ONLY
Buy Price: AROUND 750 SAT (INVEST IN PARTS)
Targets: 1000-1200-1500-1700 SAT
Strict Stop-loss: 710 for those who dont want to #hodl in case price goes down. However #ENJ is having some good support around 720-740 range.
Long term investor can ladder this coin till 571 (rock bottom) in case price goes down.
TA :
1d chart - RSI green signal
macd bullish similar to 27th nov. 2018 circle with yeloow color in MACD. Crossover expecting in next 1-2 candles.
TD SEQ. 9 candles done - new candles about to start
836 is fib 61.8 if broken upwards, rally might go fast till our target of 1000 sat at 38.2 sat.
ADX is positive
As per volume bots - accumulation is going on in this coin since last thursday.
Enjin Coin Upto 40% profits for mid termFalling wedge pattern creation.
Breakout confirmation is still expected.
RSI at 45.
Volume need to increase to see a breakout confirmation.
Accumulation level : 860 sats - 940 sats
Distribution Targets :
Target 1 : 978 sats
Target 2 : 1032 sats
Target 3 : 1075 sats
Target 4 : 1119 sats
Target 5 : 1180 sats
Target 6 : 1280 sats
Stop Loss : 793 sats
25% profits expected for the short term upto 6 days.
40% profits expected for the mid term upto 25 days.
Good Luck.
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Enjin Coin - When gaming needs meet cryptoworldWhen I talked with my friend about the investment, he mentioned the Enjin .
It is a utility token that will work on the platform developed by Enjin.
Enjin specializes on:
- Creating a game-specific website, Minecraft
- A modern looking forum
- Mobile apps for Androin and iOS
- Providing various game plugins (Minecraft, WoW, Arma 3, World of Tanks, ARK)
- Creating a gaming web store
- DDoS protection
- DNS manager
tl;dr - the All-In-One Website Platform
An interesting addition is the gamifing of your community. You are making your discuss more fun by designing your forum in all respects, such as a reward system. You can create a community to create a clan / server / eSport team, and so on.
So what is Enjin Coin?
- ERC 20 token
- secure payment gateway
- creating and minting own tokens (similar to Waves)
- Integration into the Enjin platform
- Smart wallet
- virtual good store = for a better idea, for example if you want to buy some good item in the game, you will use this option
- exchange of items without a third party, called escrow
- the possibility of voting
- Gaming integration using Java, C++, C#, Unity, Unreal Development
How do I see it on a chart?
There is a variant of three entry zones.
White dashed lines - It is possible that we will get to them because of the approaching resistance. These are very conservative inputs.
Yellow dashed line - If you are more aggressive, there is an entry between 900-910.
What will affect the price?
- Resistance
- Bitcoin drop
- Fundament - EnjinX is coming, which should be a blockchain explorer. No ads and better data.
ENJ Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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Thanks for visiting.