Bullish Divergence formed for ENJENJ Is seeing a nice bullish divergence forming on the RSI for the 4hr candle. Next target levels can clearly be seen on the fib retrace. ENJ is demonstrating that the bears are losing power, and that bulls are ready to control the market again this bullish divergence is a mark the end of a downtrend. Buckle up ENJ is ready for lift off.
ENJBTC trade ideas
EnjBtc Time to BuyHello guys after calling the top trading range of ENJ, i think we are nearing the end of correction and with an immediate effect of long view.
Suggesting a move with possible Gartely harmonic pattern formation. Looking at the oscillating indicator they are nearing oversold range.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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ENJIN 1DAY MethodENJ Still making is correction. remember that coin pushed very high and fast. so you should take care about Take % Gains and Stop Loss % in that kind of trades.
always keep in mind that cryptos trading should be a fast invest and fast % gains.
Actually it was supported by his old ATH in March around 2800ish.
if it break down it should be supported by EMA100 at 2500ish and rebounce.
and if we break down orange line it will come back to 2000Sats. (EMA200)
we are turning bullish in cryptos market mode so i really doubt it comes back to 2000 but be carefull.
so now :
Rsi Oversold almost touched down.
Macd will cross bullish mode.
Stochastic flatening is way.
looks like ENJ will soon be ready for his next little rally.
Anyway at any levels you buy ENJ 2500 or 2800ish,
A good safe sell price should be 3490 Sats. ( always sell before a round number... don't sell 3500..)
So like always, i recommend to buy in multiple times and don't invest all ur juice in 1 time.
Check also BTC movements as king.
Happy Tr4Ding!
Potential Gartley pattern ?? or 5th EW wave ??ENJ has retraced back to the 0.618 and had a nice bounce
Confirmed reverse?? I don't know yet.
In the coming days we will know what this is but I would like to bring up a potential EW still ??
Because the 4th wave overlapped with the 1st wave this sort of falls away.
However, because of BTC's recent pump that could disrupt the clarity of the graph and count I wouldn't totally disregard a potential EW
I heed caution with the EW, however if good news comes ( regarding samsung, binance chain and any good NDA's in the pipeline) we could see a new ATH
Trade carefully here.
Still some good profit to be made
ENJ UNKNOWN DESTINY!!As we can see at previous support at 0.00003921 the trend cross it and reach previous resistance and make it support so we are in very important level of support at current price 0.00002763 we will see if it crossed or make a reverse to the 0.00003921 resistance (was support) or down to 0.00002763 to reach it as a support (was resistance)!.
Follow to encourage us to make more analysis.
Thank you.
#ENJ Enjin coin at breakout & ready to give 32% profitCALL TYPE : #SHORTTERM
BUY AROUND/BTW : 0.00002700 -0.00002820
TARGETS
TARGET 1 : 0.00002970 (10.00%)
TARGET 2 : 0.00003143 (16%)
TARGET 3 : 0.00003566 (32%)
STOPLOSS : 0.00002600
ALL INDICATORS BULLISH. BUY & HOLD FOR FEW DAYS FOR GOOD PROFIT. ATLS WILL SHOW SOME RALLY TOO. #ENJ IS AT BREAKOUT
ENJ/BTC Bullish Idea (20%-50% UP)HI
looking and this chart we can see that ENJ/BTC is in a very important area.
0.00003 area has been an hard resistance going up even in the early 2018 and now it is going to be a really good support.
We have 0.61 and 0.78 fibonacci retrace and we are at the end of a falling wedge.
$ENJ Recalculating... Potential Falling wedge in play $ENJ Recalculating... Potential Falling wedge in play after the drop from BTC pump
Sitting at .618 Fib level & Support at ~3ksats (R/S Flip)
Volume slightly growing
MACD bullish divergence on the 1D & RSI div on the 4h
UCTS showing a buy on the 4h
#ENJ
ENJ/BTC - Enjin // OutlookHello traders, today we take a look at ENJ/BTC // EnjinCoin
We currently have laid out our Monthly Range.
- Price is currently attempting to break back above our Monthly S/R level.
- I am expecting a bull trap down towards the 0.5 of our entire range.
- Confluence via this 0.5 will be our Daily Demand pivot for ENJBTC.
Buys will be of high interest within this area for Enjin Coin. I am looking for long term buys @ 2145 towards our highs once again.
Enjoy traders!
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ENJ - Free Trade SignalENJ/BTC
Strategy: Highly oversold. Large probability of an upside break - bull flag formation.
Wait for the dip to fill buy orders. Place stop loss after orders are filled. Set alerts at take profit points.
Be careful where you set your purchase order. There is a 7% spread in the buying range.
Buy Around - 3046 - 3283
T1 - 3717 (17.5%)
T2 - 4171 (32%)
T3 - 4604 (45.5%)
Stop-Loss - 2929 (7%)
Risk / Reward
T1 - 1 / 2.3
T2 - 1 / 4.3
T3 - 1 / 6
P/L Opportunity
Upside: 17.5% - 45.5%
Downside 7%