Enjinlong
Enjin coin possible Elliot wave forming NFT HYPEHi Traders,
We are looking at the 4 hour graph of Enjin/USD
It could be possible that we have just seen the third wave of the Elliot Wave theory. Currently in a consolidation fase as we can see from the falling wedge, which is a healthy sign. If the Elliot Wave is indeed forming, we will see another move up.
Furthermore, the non fungible token (NFT) industry is very hyped now. Digital things are being sold as never before and it's getting quite some attention online.
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.
If we are on the verge of a new hype which is here to stay, then buckle up. According to PWC, the gaming and esports sector has prospered during the pandemic with the market expected to grow 7% over the next four years.
This is not financial advice, I am not a financial advisor.
ENJUSDT - looks strongerlooks stronger than the market!
- accumulation
- key level
- global uptrend
- locally uptrend
-buy after break out
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ENJIN- 120% Higher since our Feb 23rd postOur research seems to be paying dividends again.
ENJIN has been under our monitor but we had to wait to buy it right on support..
Which we did perfectly on FB 23rd
Much obliged,
the FXPROFESSOR
🕹️ ENJIN = Great coin, time to buy some 🍊This is a great project that I had been waiting for weeks to find an opportunity to buy some.
Cryptos are dropping and as you can see from my previous ideas I am short on Ethereum and Bitcoin, BCH and others at this moment which has been creating a 'new budget' to buy into more coins I like.
ENJIN has been 'approved' and being used by Microsoft , Labs group , Samsung and others.. probably many will follow
Enjin Network is a social gaming platform where users can create websites, chat, and host virtual item stores. The network has played a great role in interconnecting users, especially in the current social distancing climate.
Oh, i forgot to mention that Enjin has Received Regulatory Approval in Japan 🎎
Technically: Finally on support= Time for me to BUY
Who freaked out on Enjin Coin's drop?Warning: our thoughts are ours; not financial advice.
It's normal to freak out, especially when you are always focused on the smaller timeframe.
We only make decisions on the bigger picture.
No matter what happens, the daily candle close is what matters most.
We saw a low of 44 cents at the early hours of today. However, the price still trades within the channel.
How bad can this go? Maybe 40 cents. We'll be stacking up even more at this point.
Did You Invest In The ENJ Goldmine?Warning: our thoughts are ours; not financial advice.
Well, we don't expect you do what we say without doing your own research, but if you agreed with our ENJ forecast a few days back and bought a few coins, CONGRATULATIONS. ENJ went up over 50% in the early hours of today already.
The target of 80 cents and beyond possible in a day or two at this speed.
ENJ/BTC Bullish Divergence + VolumeENJ/BTC shows RSI Bullish Divergence on 1D timeframe. Huge buying Volume not seen on such a level from March, when ENJ/BTC went up 200% shortly after such volume occurred.
Targets: 650, 800, 1000 sats.
SL: 450-470 sats.
Let me guys know what do you think about this idea?
ENJ/BTC: Higher Lows, Looking for Further Momentum 2D (Aug. 13)X Force Global Analysis:
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In this analysis, we look at Enjin Coin's (ENJ) 2 day chart, identifying key trend lines and areas of support.
Analysis
- ENJ has been creating higher lows and higher highs, until recently it has had a corrective trend
- Prices bounced on historical support, marked by the blue area
- It is currently trading below the 0.382 Fibonacci resistance, and has tested the 0.618 resistance with a wick
- However, as the overall trend is bullish, we could expect further bullish price movement from ENJ
What We Believe
Given that Bitcoin ranges sideways for a while, Bitcoin dominance will drop accordingly, providing opportunities for a bullish altcoin market. The overall cryptocurrency market is bullish, just as ENJ's overall trend.
Let us know what you think in the comment section below
Trade Safe.
ENJIN breaks key resistance. Parabolic moveENJIN clears 0.21 cents and this major resistance zone, this is a VERY GOOD sign. As long as it stays over on the weekly, this looks primed to make a parabolic move. The chart looks very similar to LINK and LEND. Simply put I’m expecting ATHs for ENJ and a major move up over the coming weeks / months. Patience
An interesting pair ENJINENJ/BTC and ENJ/ETH
Both forming H&S patterns
Could a hidden truth be possibly found within these pairs structure, regarding ethereums decoupling from bitcoin?
Comment below if you spot anything or if im just an ETH fanboy
A chart for the USD pair
I recently added more of this coin!
ENJIN Long IdeaA few rising wedges have formed, along with a falling wedge that led to a large break to the upside of the major rising wedge
looking for a breakdown of this current price structure into a H&S pattern to the bottom of the wedge, this is the best opportunity for long.
Its also a good opportunity to go long at the middle of the wedge trend, i have listed this point.
Forming a H&S on the BTC pair so it seems appropriate to form a H&S pattern on the USD pair
I am long this project