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Enjin Coin / Bitcoin

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ENJBTC trade ideas

31.7.2019 - Enjin Coin ( ENJ / BTC )Hi traders! We are going to analyse ENJ/BTC today. It's the first time we are going to look at low cap altcoins against bitcoin. Why just now? It's not any secret, bitcoin dominance has been falling . Despite this trend, many altcoins look very good on charts. Crypto cycle has remained the same. Growth - fall - connsolidation and again. As bitcoin was rising from 3 600 to 13 000 USD, altcoins were falling. The fall was really extreme in some cases. Similar in the case of Enjin Coin. Consequently, altcoins started to consolidate and grow gradually. In the recent days, some altcoins have been growing more substantially and have done interesting percentage. One of the next rising stars could be ENJ. For small altcoins against bitcoin we use 4H chart and BK method , which is based on moving average. Falling wedge can be seen on the chart, it's a pattern that changes trend . Moreover, we are above MA77 too. Despite the price decrease in the last hours, ENJ is going towards growth. There's so much space for this growth . While bitcoin consolidates or decreases, altcoins have an opportunity. A pump wouldn't be unussual either, because ENJ is followed by a bunch of traders on Telegram. It's highly probable its time will come in the upcoming days or weeks. It's very important we have broken from falling wedge and now we are going confirmation. Our top priority is to stay above the trend line and MA77. May the Crypto be with you!
Long
by DolleroTechnology
ENJBTC is likely to move up from support| Up to 440% expectedSince Oct 2017 the priceline of Enjin Coin cryptocurrency is moving wihing an up channel and now price action is hitting at support of channel and since 2017 no breakdown of this support ever seen. The MACD is turning bullish. Stochastic is in oversold zone. The sell volume is decreased. I have taken Fibonacci retracement from resistance of the up channel upto the support and set the sell targets accordingly and those sell targets are as below: Sell between: 0.00002513 to 0.00004324 Regards, Atif Akbar (moon333)
Long
by moon333
ENJ/BTC setting up for a pumpENJ/BTC has one of my favorite setups here. Retraced the bubble pump from the Samsung hype news fully. Momentum is shifting, selling exhaustion is becoming apparent. Fundamentally solid project as well. Agressive entries in this 870-800 area (smaller position size, with stop loss below 700). Conservative/safer entry on a breakout above the falling wedge pattern (in that case, stop loss would be below 800). My max risk for alts is 2% of trading capital (if stop gets hit, I lose 2%).
Long
by eyupium
1
Enjin ENJ to begin with a massive rally with a new alt seasonhey guys welcome to fresh new altcoin update, Bitcoin is dumping and looks like alt season has just knocked the doors, so this will be a great time for us to make some big gains from alts, almost every alt has dumped heavily and looks thirsty for some huge gains. Enjin is one of the top coins which has most likely formed its rock solid bottom and now early buyers are accumulating it. previously it has grown by more than +600% with the huge hype on partnering with Samsung from exact same level. meanwhile RSI is forming higher lows pattern along with lower prices, bullish divergence 8EMA has already crossed 21 & 55 EMA and 21 EMA is about to cross 55EMA, super bullish most likely we're moving in the first wave and wave 2 could take us upto 850 sat level and than wave 3 could give some huge gains, so be prepared to grab this opportunity. Buy #ENJ from 850-900 sat T1 1075 T2 1230 T3 1400 T4 1900 SL 690 sat
Long
by Husain_Arkghazi
1
ENJ/BTC - Only a matter of time (100% upside)I see a low risk, high reward trade setting up here for ENJBTC. Reasons for the trade: Full retrace completed. Support/accumulation zone established. Divergences in histogram, Willy and OBV. Double bottom market structure formed on daily. Huge VPVR void that needs filling. Once the POC @ ~917 is cleared, price will move quickly. BTC dominance chart looks topped, I'm predicting capital to flow back into altcoins over the next few weeks. Patience will be rewarded.
Long
by AndyTheKing
2
Enjin ready for yet another TREMENDOUS RUN!!Hello everyone! Let's get right to it... Enjin looks just ready enough to take off soon. Looking at previous breakouts, you’ll see that the 800-900 sats has been the key level prior to massive breakouts. We have been moving well so far and it appears that a tremendous breakout towards the upside is around the corner. This is also supported by the bullish divergences on the RSI and MACD as indicated in the chart. There is a clear bullish momentum building up for Enjin, which can generate significant gains in practically no time. These are the following short-term targets (1-2 weeks): T1: 1050 sats T2: 1150 sats T3: 1350 Sats I will be updating the long-term targets as we proceed. Fill your bags and get ready for the moon! Hit a like and comment if you like this idea please! Feel free to check out my previous ideas! Please follow to stay up to date with this and other ideas I will be posting! Good luck!
Long
by Leo0407