How is pumping coins done. Example of working on an ENJ +90-600%ENJ Mechanics of win-win work on coins for pumping. The accumulation channel is 45%. The potential at the exit from the accumulation channel is up to + 600%!
The coin, due to its over greed and aggressive manner of squeezing money out of the crowd by the market maker, goes hundreds of percent from the accumulation zone. Now the coin is in the accumulation phase.
Trading in a horizontal channel in increments of 45%.
All pivot points on which this or that movement depends and the trend is shown on the chart . It is also worth noting that there is no clear number of waves that should be in the accumulation channel. The main thing is complete control and understanding of the work on the coin. Entry / exit to the market depending on the reaction of support / resistance levels.
If you do not control the price, but adapt, there are two options for entry:
1) Entrance at the bottom of the channel with confirmation of support. The potential profit in the channel + 45 %.
2) Entrance during the breakthrough of the channel. The first target + 90%. Then, how does the price react to the level of resistance and whether the fixation wakes above it. If the price continues to rise, then sales should be made at key resistance levels. Potential from +90 -600%.
It is worth noting that in such coins there is often no rollback after a breakout, you yourself can see it on the chart, that's why I wrote - the entrance is at the breakthrough of the resistance of the accumulation channel. But you need to understand that a false breakthrough can occur. But observing the exchange book of orders and the buy / sell ribbon gives a clearer picture or a breakthrough, real or potentially false. This is just an experience.
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In the history of the coin, I showed the cyclica l repetition of the sequence of phases of the instrument.
It can be divided into several phases:
1) Set of coin position.
2) Raising the price and selling at affordable prices.
3) Lower prices for a new set of positions.
How to manage the price of the coin and the entire sequence of work in these 3 phases, I described in great detail in the Russian version of this trading idea. Google translator to help you!
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Be not theoreticians, but practitioners. Only the weight of your deposit matters, not the memorized information about trading from many books.
Enjusd
ENJUSDIt is ENJ showing good flow.
Between 0.0232010 and 0.0718536 are long-term investment areas with their current locations.
The pair has tumbled along the bullish trend line and the 0.0514915 point and is rising along the upward trend line.
I think ENJ's most important thing is to cross the downtrend line.
At the current price, the downward trend line is near the 0.1362548 point.
If it is not a long-term investment, we recommend buying on the upward trend above the 0.0718536 point.
ENJUSD formed bullish Shark a good long opportunityPriceline of Enjin Coin / Tether US cryptocurrency formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.06067 to 0.05924
Sell between: 0.06229 to 0.06551
ENJUSDT has formed a bullish BAT | Upto 14% expectedThe price action of Enjin Coin / Tether US has formed a bullish BAT 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 zone.
The D leg is retraced between 0.786 to 0.886 Fibonacci how ever I have started the buying zone form 0.618 to 0.886 Fibonacci.
RSI is moving up from oversold zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.06224 to 0.05888
Sell between: 0.06313 to 0.06752
Regards,
Atif Akbar (moon333)
ENJUSD: Possible Bullish extensionEnjin is currently on a 20 day uptrend with the RSI on 1D hitting 60.00. The same sequence has been spotted two more times in the last 12 months. Both bullish legs hit the 1D MA200 on their peak. This time ENJUSD has potential to break even higher but I want to take one step at a time. The expected peak this time is around 0.12000.
Enjin coin analysis on binance #bitcoinIt seems a bit late to buy but worth watching it.
I liked the volumes and break the downtrend line.
Enj was down for 3months+ 3months consolidation.
The news was Samsung uses enj wallet for their Galaxy phone wallet 6month ago which is huge news for like enj coin because noone was expecting it.
My strategy would be buy slowly. stop-loss when it goes back to downtrend line.
for short term it isn't good enough but for longterm view it is best time to seek for entry.
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Everyone has forgotten about ENJENJ continues to drop like almost all other alts
We do see some descending price + rising OBV, which could see a move higher in the coming days/weeks especially with BTC dominance looking like it wants to pullback
Targets on this coin could return substantial amounts of $$$ at the levels it currently sits at but the risk is still there with a break to new lows
ENJ BULL-FLAG!!!Hi!
So here we can see ENJ forming a BULLISH-FLAG!
We are having resistance on the upper trendline channel.
Once this one breaks although, THEN! We can expect ADA surging to higher levels!
All we need is closing on the Daily Candle above that given resistance here and push with a decent Volume.
Follow for more easy visualizations like that.
Good Luck Trading! :)
ENJ bottomed out, low risk buy zone entry over hereShorts are trapped, price is finding support at previous swing low level of 1811 sats.
- Classic bottoming out pattern
- Entry zone: 1811 sats
- Stop loss: 1751 sats
- Target 1: 2044 sats
- Target 2: 2178 sats
- Target 3: 2442 sats
Good luck traders!!
ENJ: DO or DIEENJ remain in this massive triangle pattern and is currently right on the edge of doom
It needs to bounce off the bottom of the triangle and make its way back up to test resistance
A break below could spell a deeper retracement but we are getting a bull div on the RSI so time will tell but it looks good for a trade here, tight stops
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
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!
ENJ super AltcoinIf you're looking for what's hot in crypto, this coin is the one...
Price action is suggesting that resistances are being broken (yellow zone), and supports are being respected (green zone)
Now all we gotta do is enter on retest of resistance as support and target all the way to range high
- Partial profit taking at mid range level
Enjin Repeating Fractal - another 100% ? After a month of ENJ going nearly 10x from its bottom in late February, it has had the chance to consolidate to the 50% fib retracement zone. Which in doing so, it has created drastic similarities to the consolidation wave after its first leg up.
Therefore it seems it could be repeating the same pattern once again, only this time on a larger scale.
Looking at the chart, we are currently in the center of a key support zone. This support zone was created using replicated fib levels from the prior wave. Meaning that if this level holds, there is a very solid chance ENJ will bounce to the Target 1 resistance zone, consolidate and then make its way to the second target.
I wish you all the best of luck this alt season!
Cheers!
Notes:
The current support zone MUST hold for the fractal to hold true
Generally alts follow Bitcoin, and BTC is currently riding thin support.
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