Taking Another Look at ENJINA large curve (or parabola (I think)) can be drawn on the ENJIN chart, showing a previous point of resistance turning directly into a point of support
This point of support is further emphasized with a golden cross right on the line
This suggests the bull movement is not over, and price will continue to rise
The main structure can also be drawn as a symmetrical triangle, which also has a bullish nature
The circles I have mainly placed for fun, but a nice trendline up against the circles can be drawn, displaying the symmetry of the chart
I am long ENJIN
Enjincoin
🕹️ ENJIN = Gaming Leader + NFT.io 🍊 (p2)Can ENJIN reach (Ripple XRP?
Our guess is YES, it should pass it to say the least.
facts: ENJIN will need to x16 from where it is today to catch XRP
Enjin has been and will be one of our top-5 favorites.
The price can keep growing (we see a target of 7$ for the next 5 months).
What's new?
Well here you go, this is a message from my direct communication with Enjin:
'' It's currently not possible to launch a token using Enjin.
Although we'll be releasing the smart contract feature for our sidechain, JumpNet . You'll be able to program smart contracts and release your own tokens.
enjin.io
We're looking to release it around the end of this year or early next year.
As for an NFT marketplace, we'll be launching nft.io You'll be able to set up your own marketplace. We're looking to launch it around the same time as the smart contact release''
Ladies and Gentlenmen,
Keep your ENJines going,
the FXPROFESSOR
₿ ENJIN COIN 1W ₿ : 16.Nov.2021 (ENJ) #ENJIN_COIN is also reacted well to it's key support which is 2.2$ , i don't think that support will be lost easily , the next important target is 4$ ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Nov.2021
⚠️(DYOR)
MY MINIMALIST ANALYSIS FOR ENJIN$ENJ
ADJUSTED TARGET AREA OF VALUE ON THE CHART
11.06.21
1813H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
COMING UP TO OUR TARGET EXITS
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
DO NOT FORGET TO SHAVE-OFF PROFITS if you wish to maximize or want to go BEYOND PARABOLIC. WATCH PRICE ACTION CLOSELY and
ADVANCED CONGRATULATIONS TO ALL!
Happy Trading!
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
ENJ LIMIT ORDERS! MASSIVE PROFITS POTENTIAL IF ORDERS HIT$ENJ is one of my favorite meta coin and I would look into buying opportunities. One opportunity is right in front of me, if it hits my limit orders I'll be as much as I can.
However, there's no guarantee that the limits will be filled so DYOR!
Will only set limit orders and will alert you big time before a huge pump.
Limit Entry: $2.3 - $2
Current ENJ Price: $2.973
🕹️ ENJIN = Gaming Leader + NFT.io 🍊Enjin has been and will be one of our top-5 favorites.
The price can keep growing (we see a target of 7$ for the next 5 months).
What's new?
Well here you go, this is a message from my direct communication with Enjin:
'' It's currently not possible to launch a token using Enjin.
Although we'll be releasing the smart contract feature for our sidechain, JumpNet. You'll be able to program smart contracts and release your own tokens.
enjin.io
We're looking to release it around the end of this year or early next year.
As for an NFT marketplace, we'll be launching nft.io . You'll be able to set up your own marketplace. We're looking to launch it around the same time as the smart contact release''
Ladies and Gentlenmen,
Start your ENJines!
the FXPROFESSOR
ENJ to the multiverse and beyond$ENG/USDT have managed to hold the fib channel 50% line after testing it for several times. Thus this behavior doesn't show strength, but the fact that the correction held the 50% and not reaching the 38.2% is a good indication. Initial target insight is 7$ per coin, and if the market had a super cycle, we can go up to 40$ per $ENJ.
Good Luck.
#ENJ ENJIN 1D CHART - NEEDS TO COOL DOWNEnjin is definitely a good project and a great performer but the daily RSI is really high. If it cooled down for a bit and had an RSI reset, it could push to the next leg up.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins