Enjincoin
ENJ/BTC + ENJ/USDT #ENJ $ENJ $BTC #BTC #USDT $USDT (12 May)#ENJ/BTC ENJ/USDT (12 May)
Yesterday ENJ increased very strong but in fact, it hasn't been able to breakout from its downtrend. To break this downtrend, ENJ needs to pass 3000sts or 0.2$ zone
Currently, what I can see is the ability to move sideways in the range of 2200-2600sts or 0.15-0.2$ and I suggest to buy and sell with targets in above charts
However, it's still not a good buying zone to hold long-term
ENJIN AND THE CORRECTION Talking about Enjin coin i can conclude if the price breakdown the 0.0002539 Then price is likely heading down a bit further as the 5th wave should start developing south approximately between 0.0002050 and 0.0001800 ish areas
whats my suggestion ?
buying now is possible with a stop below 0.0002539 as we spoke if it broke then we will be confirming the wave 5
this coin has a potential to grow fast this year keep an eye and think to invest wisely .. laddering from 2000 to 1800 ish areas is logic if it break the current bottom at 2539
breaking the key support of 0.0001500 ish areas will be considered a stop loss area as i believe it will dump fast there if broke
Good luck
ENJ getting ready for test of ATHENJ has broken above the falling wedge and is testing supply right now
Has been consolidating under resistance for a little while now and a break could lead to some momentum to the upside
Retest of all-time highs is very possible if BTC continues to range for the rest of the week(s)
Thanks guys!
Long ENJ on S/RI bought this at 0.000010 and sold my initial investment at around 0.00006.
Been accumulating more as we hit this S/R Flip from the first rally.
Don't expect many ALTS to pop off until Btc finds some support and starts moving sideways.
This Coin has GREAT FA alongside, like all of my picks.
Good Luck.
ENJIN 1DAY MethodENJ Still making is correction. remember that coin pushed very high and fast. so you should take care about Take % Gains and Stop Loss % in that kind of trades.
always keep in mind that cryptos trading should be a fast invest and fast % gains.
Actually it was supported by his old ATH in March around 2800ish.
if it break down it should be supported by EMA100 at 2500ish and rebounce.
and if we break down orange line it will come back to 2000Sats. (EMA200)
we are turning bullish in cryptos market mode so i really doubt it comes back to 2000 but be carefull.
so now :
Rsi Oversold almost touched down.
Macd will cross bullish mode.
Stochastic flatening is way.
looks like ENJ will soon be ready for his next little rally.
Anyway at any levels you buy ENJ 2500 or 2800ish,
A good safe sell price should be 3490 Sats. ( always sell before a round number... don't sell 3500..)
So like always, i recommend to buy in multiple times and don't invest all ur juice in 1 time.
Check also BTC movements as king.
Happy Tr4Ding!
$ENJ Recalculating... Potential Falling wedge in play $ENJ Recalculating... Potential Falling wedge in play after the drop from BTC pump
Sitting at .618 Fib level & Support at ~3ksats (R/S Flip)
Volume slightly growing
MACD bullish divergence on the 1D & RSI div on the 4h
UCTS showing a buy on the 4h
#ENJ
ENJ/BTC - Enjin // OutlookHello traders, today we take a look at ENJ/BTC // EnjinCoin
We currently have laid out our Monthly Range.
- Price is currently attempting to break back above our Monthly S/R level.
- I am expecting a bull trap down towards the 0.5 of our entire range.
- Confluence via this 0.5 will be our Daily Demand pivot for ENJBTC.
Buys will be of high interest within this area for Enjin Coin. I am looking for long term buys @ 2145 towards our highs once again.
Enjoy traders!
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#Enjin $ENJ entering accumulation zone 3350-3750, 10800 by JuneI believe there will be plenty of time to accumulate ENJ in the 3350 to 3750 range.
There are few real-world applications for cryptocurrency and blockchain outside of Bitcoin that will have any value, Enjincoin is well targeted at one of those applications. Digital collectibles within the gaming industry is already a multibillion-dollar industry with exponential growth. A system which provides liquidity cross-platform and between games will become a multi-billion dollar protocol. This is likely the only thing that ETH will provide real utility for is in the support of such tokens that can be linked to digital collectibles.
Following consolidation which could go on for weeks, I expect ENJBTC to see a steady rise followed by another huge FOMO driven pump to 10800 Sat.
The partnership between Samsung and Enjin Coin was confirmed at the Samsung summit in Barcelona. The partnership produced the gaming wallet on the Samsung S10 mobile phone.
Great opportunities in blockchain tech and digital scarcity include:
Ravencoin (RVN)
Enjin Coin ( ENJ )
Basic Attention Token (BAT)
Binance Coin (BNB)
Bancor ( BNT )
Bitcoin ( BTC )
And to a lesser extent Etherium (ETH) because it will likely be a platform to secure digital collectible protocols like ENJ and utility tokens. Though I believe it is likely already valued appropriately where it now stands.
ENJ-BNB Long Trade PlanCommodity : ENJIN COIN
Trade Type : LONG
Trading Against : BINANCE COIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 25% to 67%
Prospective Loss : 11%
RRR : SL to TP1 is 2.1, SL to TP2 is 3.5 , SL to TP3 is 4.3 and SL to TP4 is 5.8
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
ENJIN now ? 4H Timeframe1D Chart show clearly that Enjin is making his correction, but i see more clearly on 4H Time.
it passed under EMA100 and now this EMA Acts as a resistance.
Anyway i like this coin because of the project reality and partnerships, so a mistake shouldn't be a big problem for a long invest.
but it's always better to buy cheaper and at the good time!
i would not touch it now at 4200 before seeing clear bounce confirmation showing us that it stays in his triangle.
4000ish zone, it bounced multiple times so it can be a first small buy.
3500ish have big support on EMA200 could be a second strong buy.
Stay Safe as BTC is weak right now.
Happy Tr4Ding!
Enjin (ENJ) - The case to remain a holderTo continue my reputation as a bonafide ENJ shill, and a TA junkie, here's a chart. :)
It would be pretty risky to buy ENJ here, but this is the case to not sell if you're already a holder.
First of all, on the psychology front, Enjin has had a big hype cycle that concluded Friday at the end of a very successful GDC. This would be the perfect spot to sell the news, and there was a small dip. But volume stayed very light and reversed (so far) quickly.
Second, we have 4 clear waves in place - surge, consolidate, surge, and current consolidation. 5 is typical, and I'm looking out for a final sharp surge.
We did have a perfect 50% retracement (logarithmic chart) of the top to bottom move, which is healthy.
All moving average are in their proper place, and the 13 day average, which serves as support in strong trends, is so far doing just that.
Finally, we have an unconfirmed bullish symmetrical triangle forming. This could break down into a trading range, or some other standard pattern, but it's what I'm watching until proven to be something different.
Standard measuring techniques would imply a final move to the 40 cent range, but 5 waves are often the strongest... ath is at 50 cents, I don't think it's impossible at all.
anyway... here's the chart. It's a thing of beauty.
$ENJ Could it become the first x10 of 2019!?!?$ENJ Could it become the first x10 of 2019!?!?... Potential bull flag as continuation....
Currently 450% since Buy signal from the UCTS. With a potential 1000% if bull flag breaksout.
Volume looks low for now...
RSI rising again while MACD is deciding what to do.
#ENJ
Enjin breaks channel with 30% profit -now consolidationHello dear crypto friends!
Enjin perfectly respected the 4H downtrend channel that we talked about last weekend in the video, and saw an awesome break above Lower Highs at .43 psychological: up to the wick highs it made more than 30%.
Since then we are in a more descending EQ pattern with the wicks at .5 marking the top, and the bottom currently at .45: A break to the downside could lead to the previous bottom with 10% profit potential, a break above .5 could lead at least to the wick highs at .56 with more than 10% profit potential.
On the Daily , we almost perfectly reached the previous high at .56, and can see the 4H EQ perfectly translating into 2 Daily inside bars. If we keep the current HL at .4 intact, we could further tighten inside this range, leading to a EQ on the Daily itself.
Good luck!
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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 Samsung Wallet + Galaxy Store, Unity, NRG Sports, EfinityENJIN Partnerships w/ Samsung Wallet + Galaxy Store/Universe, Unity, NRG Sports, Efinity
Everyone has now heard about the Samsung partnership. For the newcomers, there is much MUCH more going on to be excited about. Enjin is a 10 year old company with a great reputation and existing community in the gaming space. They set out to build a platform that will power the future of gaming and are in the process of following through on their vision. Over the past year, the (large) team has been working like crazy and has accomplished some amazing things.
Check out the links below. DO YOU NEED MORE REASONS TO HODL?!?
Samsung Galaxy Store / Game Universe
Unity Partnership
Wallet: Samsung, In Wallet Trades, Gift Cards, etc
Samsung s10 Cryptocurrency Wallet Keystore Integrated with Enjin! - Live example showing wallet & trading.
NRG Esports begins partnership with Enjin Coin - will create a custom token with its own branding on it, and will then distribute it to fans of the organization in an attempt to spread awareness and to reward engagement. These tokens will be used for entering raffles and winning prizes, whether it’s visiting an event, receiving gaming hardware, or receiving professional training.
NRG already counts EventsDC, Republic of Gamers, Logitech, Twitch, and Amazon Coins among its partners. Competing in titles such as Fortnite, Counter-Strike: Global Offensive, Overwatch, Rocket League, Hearthstone, For Honor, Vainglory, and Smite, NRG is one of the biggest organizations in esports
Efinity Partnership - scaling, item transfer.
Enjin Blockchain Explorer
Enjin Wallet
World of Warcraft partnership