Enjincoin
Start your ENJIN!Enjin Coin broke up this triangle 📐 and I think ENJ can go to 2.37 and even higher. I'm already in. Ladies and gentlemen, the race just started! 🏎️🏁
ENTRY : local high @ 1.999
SL : local low @ 1.93
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 2.37
RRR : 5.4
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!
🕹️ ENJIN - Updated levels ENJIN 🍊Here is our updated ENJIN chart
Chart shows momentum, not sure if the token can do new all time highs but what you see on the chart is reasonable.
Great move by Enjin:
Enjin (ENJ) Holders Can Now Shop at Amazon, Walmart, Ebay, Following Partnership with Shopping.io
Reading Time: 2 minutes by Dalmas Ngetich on August 27, 2021 Altcoins
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Enjin (ENJ) holders can now shop for their favorite goods from Amazon, eBay, Walmart, and Etsy, following a partnership with Shopping.io, as per a press release on August 27.
Pay for Merchandise using ENJ Token
Shopping.io is an eCommerce platform, which supports several cryptocurrencies, including VET. It is one of the most active sites drawing thousands of users from across the globe.
It also has high-profile partnerships, including Binance Pay—a popular service by the world’s biggest exchange by client count–, Coinbase Commerce, Electroneum, and more.
The partnership is a welcomed move that extends the utility of the ENJ coin, which primes the Enjin ecosystem.
Enjin uses the ERC-1155 NFT standard in its ecosystem. The project continues to launch products that make it incredibly easy for its global user base to mint, trade, and distribute NFTs.
Their overarching objective is to bring NFTs to all users. For this reason, Enjin is accessible to individuals and businesses, enabling them to integrate NFTs in any of their strategies.
According to analysts, NFTs could impact several critical sectors of the economy, primarily gaming and the creative sector, giving more latitude to content creators.
Expanding Utility of the NFTs-Priming Token
Beyond NFTs, ENJ token holders would now use it to purchase everyday items from some of the world’s leading eCommerce sites via Shopping.io.
The platform has indicated that all of its crypto payments are processed via CoinPayments.
Concurrently, Shopping.io has announced a promotion where shoppers using ENJ to make purchases will receive a two percent discount. This deal will end on September 9.
According to Arbel Arif, the CEO and Founder of shopping.io, this partnership extends the utility of the ENJ token.
“We are so excited to collaborate with Enjin and give their community new opportunities to use their crypto on our platform!”
ENJ Joins the Expanding Shopping.io Ecosystem
ENJ is now one of the over 100 digital assets supported by Shopping.io.
Early this year, the crypto eCommerce platform launched its GSPI token on PancakeSwap. The DEX is the largest on the Binance Smart Chain (BSC).
Besides GSPI, Shopping also has the SPI utility token.
Using either of these tokens for shopping would see shoppers receive an extra two percent discount in all other account types except the lowest tier, “Free.”
ENJIN: increasing gaines possible (NFT HYPE)Hi traders,
We are looking at the 1 hour chart of ENJ /USDT
We could see a bull flag forming if we take out the "emotional exaggeration".
Visa: "NFTs mark a new chapter for digital commerce"
Furthemore;
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores. (source: coinmarketcap.com)
Enjin focusses on "online gaming".
"China" called online gaming "opium for the mind" which means:
1. People will use the opium;
2. Online gaming is a real threat (competition for attention)
Previous ATH was $3,4 (daily close)
Keep sharing your thoughts in the comments section and enjoy
ENJ/USDTThis analysis is for enjinecoin for the next 2-3 months.
to the avaiblable data the price will fall to the range of 1/5$ to 1/6$ and then the price will break the Resistance Line 2 and will most likely rise to Resistance Line 3 !
Overall the Enjincoin project will have a bright future ...
it will pursue new and exciting goals and it will probably be one of the top Currencies in the future ...
Please Like & Comment.
thanks.
Enjin Parobola is a Screaming Buy at 1837 SatsEnjin Coin is in a parabola. Typical cyclical corrections will average around 30%. From the recent high above 2500 Sats, the current price of 1837 represents a massive BUY opportunity into this parabola. I expect somewhere around 4000 sats to be the next resistance
ENJ/BTC { ENJIN COIN } - BULLISH SETUPANALYSIS 🔎
- ENJ/BTC is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.00003655)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
ENJ 4 Phase UptrendHere I have created what I call a 4 phase Uptrend, it's us creating Higher Highs & Higher Lows. But I got a little fancy with it, but it's why I do believe we will see some type of pullback maybe even another Inverted Head & Shoulders.
Our next resistance is at $2 so we have a possibility to see that this weekend if this Bullish Market sticks around.
ENJ/ETH: Possible formaton of ascending triangleThe market it;s like neutral in Daily timeframe. Enjin Coin and Ethereum are bullish in the same time. But this it's the relationship the ratio Enjin Coin vs. Ethereum.
s3.tradingview.com
Now, the weekly timeframe, it's look bullish with this bullish envolving candlestick. Now, I'm bullish in Enjin Coin vs. U.S. Dollar and Bitcoin ratio. For that, it's not any doubt that Enjin Coin it's bullish agains with Ethereum.
Pay Attention in Enjin Coin; invest in this NFTI decide to invest in Enjin Coin and hold for Bitcoin ratio. My next target will be 0.00007 satoshi.
If you invest 1,000 ENJ and hope your profit of 0.0007 ENJ. Your huge earn in Bitcoin will be 0.07 BTC. And you can to use it to invest in another cryptocurrencies like Cardano, XRP or your favorite altcoin.