ENJBTC trade ideas
Enjin Coin (ENJ): WaitAs tempting as it might be to jump on the Enjin Coin (ENJ) up move, we think you should hold off.
Enjin Coin (ENJ) is hitting big resistance from a big reaction low in July and a significant resistance cluster near 805. If Enjin Coin (ENJ) can rise above that level on volume, there could be a move to a previous fourth wave at 905.
Bottom Line : Don't chase altcoins unless they prove they are breaking out.
BTC/Enjin Coin (ENJ) possible long positionTake a look at the BTC/ENJ 2 hour chart. Over the last few weeks 3 wedge patterns have developed, each one ending with a bullish break-out to create the next one. Each time the wedge points slightly further down but the break-outs are similar. The break-outs coincide with announcements/events on the ENJ twitter feed. Their next event is on 16/09. I'm looking for five or six bullish candles and a break-out above the 0.00000720-730 mark. When that happens I think it could reach 0.000008 or 0.000009. Looking at the price action divergence with the RSI on the daily chart confirms that a bullish trend might continue.
Please let me know what you think in the comments section.
ENJ (Enjin) Falling Wedge Breakout..!!ENJ (Enjin)
- In 12 Hrs & DAILY Timeframe , ENJBTC Has Brokeout the Falling Wedge..
- Indicators Are Turning Bullish & Buyers Are also Coming With Big Volume ..
- Expecting 40-50% Profit in Coming Days (If BTCUSD Remains Stable)
Buy Around 640-670 Sats
Sell Targets 688-724-792 Sats
Stop Loss Below 630 Sats
Hodl Time : 3-4 dAYS
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ENJ is Starting to FallIn 4H time frame ENJ Has a Triangle Flag(Falling) and if it break the protection line of flag in 0.00000693 it will fall to 0.00000676 and 0.00000660(Bollinger Bands) and if break that tooI it will fall to 0.0000600
but if it protect by every of those lines, can rise again (when look at cci and Macd and Stochastic, we can see that ENJ is Starting to fall)
Targets:
Fall:0.00000693-0.00000670-0.00000660-0.00000660
Rise:0.0000701-0.00000727-0.00000742
ENJ don't miss it!!!ENJ has touched the top of the funnel inside which it seems to evolve. The indicator shows an overbought situation.
Entry: buying zone or the bottom of the funnel
Short term TP: 913
In the long run, prices have hit a major support, 529, tested thrice in twelves months (aug-18, nov-18 and aug-19).
Trade the fib levels
ENJ Breaking out? 200% gains in September-low risk, high reward-We just finished a crazy selloff. After a massive rally. CRAZYY RALLY.
Now, it appears we might be a bit oversold here. The coin is not going anywhere, but it surely going places.
Very bullish here, low risk, high reward, the crypto style.
Watching those fibs, helps you with price projections.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
+F = Positive Fractal: Potential positive event with price increase.
+F = Positive Fractal: Potential positive event with price decrease.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Thank you,
Ajion
ENJ good buy opportunityLooks like an Ascending triangle to reclaim old trendline
heaps of potential upside on BTC chart
Looks to have bottomed out at old support ~700sats (oct `18)
Still associated with samsung if that means anything
Expecting fireworks by mid october at the latest.
sorry for the rough trend analysis, mostly to remember position