Enjusd
Vroom Vroom, the Enjin has started!Hello dear crypto friends!
ENJ/BTC has caught my attention, since we basically 5xed in almost no time, from 1.000 to 5.000 Satoshis. The last beautiful 4H Equilibrium break-out saw more than 60% gains, leading to a nice Bull-flag on the Hourly now: It can still see some upward movement, but be cautious, since most Alt traders are aware now. The first traders who have been on the ride longer, could dump their holdings.
While those smaller coins might not be attractive for traders with bigger account sizes for their low liquidity/problem to get out quickly, it might be worthwhile if you're playing smaller Satoshi's. Have a great weekend! ;)
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(Requested) $ENJ Chart. Cause He FOMO'd!My friend @zafartauqeer is FOMO'd and made an entry on 1100 sats just after the news of Bithumb listing he heard. Right now he is waiting on the sideline looking for dump his bag and so afraid it will go lower.
Actually at this case, I really encourage everyone to not FOMO. Because rather than to see your money burning for nothing, you better buy food with that money. So if you wanted to trade, pick a higher R:R probability before entering the market.
At the current moment i'm looking for 867 sats as nearest support. But RSI level still heading downward so I actually will put an average down on 742 sats, if i was him. At that level i will have a better average entry price. After that i will wait for the alt coin spring or the next news with one month or two, an patiently not making any risk move.
One thing, ENJ has good fundamental and nothing to worry mid-term from now. While waiting, i will put sell orders around 1200 and 1688 sats. That's all i can do.
Trade safe.
THE LITTLE ENJIN THAT COULDHere I am again buying undervalued coins!! ENJ is creeping down towards 5c, I picked up some around 5.8 since I am bullish on Bitcoin. I think when Bitcoin boosts up , 10c and 15c levels will be reached almost instantly. I really don't want to miss that. This is a super legit project already being used to combat item fraud in video games and they have a great wallet also! Great time to accumulate and HODL long term! I THINK I CAN I THINK I CAN!!
Calm before the StormHello all!
We could see a 50-75% gainer here with Enjiin Coin. As a precursor and observation, this coin has showed continual resilience while Bitcoin has been downtrending of recent showcasing its current strength/support. There are a number of positive TA indicators here especially on the high time frames. For example:
* Walking through 3/1 Gann with steady and upward movement
* Long term support from long term fib line at 1555 Sat
* RSI is on continual long term uptrend
* Target the Squeeze!!!
If we want to predict the future even more, we could see a cup and handle develop after this initial 50% run to create a potential second top. Keep your eyes peeled because we could have a great trade opp on our hands.
Happy Trading and as always this is just an idea so please trade at your own risk.
Follow for updates!!!
Enjin Coin AccelerationEnjin coin has formed a strong bottom at $0.09 area, where price bounced at least three times. Since the beginning of April ENJ/USD price was consistently moving up while bouncing off the uptrend trendline.
The rise has resulted in the break above the 200 Moving Average followed by the downtrend trendline break. This is the first strong signal of a potential trend reversal, that could result in a 230% growth from the current price.
The first strong resistance is seen at $0.32, which is 127.2% Fibonacci retracement, applied to the corrective wave down where double bottom was formed. The second and key resistance is based at $0.5, which is 227.2% Fibonacci retracement level.
On the downside, Enjin coin could correct down to the $0.1 psychological support before growth continues, but only break and close below the $0.09 support could invalidate bullish outlook and extend the consolidation.
ENJ/BTC (ENJ/USD chart analysis)We have a breakout on ENJ/USD. ENJ/BTC chart is more important but we saw TA works on this one too. it was respecting schiff pitchfork drown by me all this time. and now we have a breakout! maybe retest incoming but this is already getting good, lets see how bullish market can go
ENJ / BTC ( ENJ-USD technical)hello guys, this time i just tried to catch something on ENJ - USD price technical analysis, and i was surprised.
you can see this all are connected to each other. it's shown clear that even this chart was respecting schiff pitchfork lines all this time. this is so interesting to see ENJ / USD actualy was also respecting same schiff pitchfork.. i hope you find it helpful and BTW WE ARE AT THE TOP LINE BREAKOUT ! - if retest dont fail we are free on ENJ / USD - main downtrend.
thx