ENJBTCENJBTC update
Entonnoir : W/D/H4 (swing)
La correction weekly à l'air terminée et nous avons à présent ce qui est en train d'être une sortie de compression daily par le haut (jaune) qui pourrait donc être le point de départ de la 2ème impulsion weekly (découpage rose).
Dans l'AT précédente, j'avais dit que je ne prendrais pas position sur cette paire avant une cassure franche du dernier sommet weekly (entouré blanc) vers les ~6400 mais vu que nous avons une belle opportunité de se placer ici avec un double signal M30/D je me suis laissé tenter.
Trade assez risqué car la prise de position est légèrement prématurée donc je renforcerai ma position lorsque l'on aura une sortie de compression daily en bonne et due forme.
SL à 2527 en-dessous de la compression daily.
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Funnel : W/D/H4 (swing)
The weekly correction seems to be over and we now have what seems to be a daily compression (yellow) breakout which would be the starting point of the 2nd impulsion wave on weekly (pink drawing).
In my previous TA, I've said I would not go long on this pair before we break the last weekly top at ~6400 level but here we have a nice opportunity with this double compression breakout on M30 and daily.
Since this trade is a bit early, I'll reinforce my position once we have a proper compression breakout on daily.
SL set to 2527 right under the daily compression.
ENJBTC trade ideas
Ordered Chaos: "each line Tried and Tested". ENJ covering TracksOrdered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity.
each line Tried and Tested .
each line Poised to Reflect.
Confluence of 2 is Dependable.
Congruence of 3 is Respectable.
Coincidence of 4 is Worshipable.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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ENJBTCENJBTC has shown signs of a trend change. Not necessarily that this goes completely bullish but I'm seeing that we could see this go to a higher level. EMA9 and MA20 about to cross. CCI and RSI already in bullish territory.
Need more volume to sustain this move, and if it does we can go to the previous supports and resistances for the targets.
(not a financial advice)
Need I say more?Right now we can see the breakout pattern started at the end of the wedge. Still waiting for the MA on MACD Signal. A Very small gap before the merge though) But all the other charts are Bullish below 1D. Knowing wedges we should see a similar height as the height of the big wedge. Early entry now, Monday in Asia starts in 3 hours, next candle on the 1D starts in 4 hours from now. Early entry is still possible. I bought at 27k Sats already.
Buy ENJBTC - Breaking falling wedge on the dailyBullish OBV, about to pass 21 MA and MACD about to bullish cross. Also, Initializing a III of a 3 in the weekly, or a 5 and final impulsive. Target at 9000sats. Against USD on the weekly it looks like a flag and a possible V of a 3,targets at USD 0,5 / 0,85.
BINANCE:ENJBTC
ENJ/BTC near possible Support zones: Enjin Coin retrace watchEnjin is approaching some important Fib confluence zones.
The retrace looks be slowing but should go a little deeper.
Lets see if one of the zones holds, or if this new coin is ded.
This is a follow up to my last analysis warning of a possible top
Long ENJ on S/RI bought this at 0.000010 and sold my initial investment at around 0.00006.
Been accumulating more as we hit this S/R Flip from the first rally.
Don't expect many ALTS to pop off until Btc finds some support and starts moving sideways.
This Coin has GREAT FA alongside, like all of my picks.
Good Luck.