Our updated chat on Enjin. Price is growing in a SUPER-HEALTHY manner, previosu resistance has been checked as a support BUT I would be buying again at 80 cents IF it drops there(major support is there and it has not been checked)
Demonstrating the price movement preempting the golden crosses Demonstrating similarities and differences within the RSI Free MA's is what we want, and ENJIN has achieved this Rocket emojis?
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 , ...
A 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...
Head and shoulders formation It could go parabolic and break the formation Here is where i first identified the H&S
Looks quite bullish if this resistance curve breaks Which i think it will.
ENJIN analysis Alligator is opening up bullishly Similar price action can be seen in green boxes (1) Go long!
Today I have analyzed altcoins which can give us some small relief but at the same time have the highest probabilities of delivering the outcome of what we want to see. I have chosen the Enjin Coin $ENJ - Crossing on daily 100,150,200 DMAs - Daily above previous VWAPs close from Aug-Dec 19' - Retraced the previous rally down to 79% and found support on 62% of the...
Priceline of Enjin / US Dollar cryptocurrency is forming bullish Gartley pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.07010 to 0.05988 Sell between: 0.07815 to...
7 minutes ago Priceline of Enjin Coin / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.05601 to 0.05227 Sell between: 0.06044 to...
Priceline of Enjin Coin / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.09323 to 0.09144 Sell between: 0.09750 to 0.10389 Regards, Atif...