ENJBTC trade ideas
Looks like ENJ will move up againNot financial advice but more of a vision for the future. I think ENJ is not over and will continue to move up to even maybe top 30 rank.
Ask yourself these questions:
-What kind of token will be available and used by people that is tangible, feasible, easy?
-What kind of project can be soon utilized by blockchain with a user base that is primed and ready?
-What kind of utility can be easily realized by a huge industry that is needing support for it's user base that currently provides little to no incentive?
If entertainment and security are front runners for technology than I believe we have a high vector to see the potentials.
What is ENJ not?
-A project that is part of the 99% of projects out there that have grandiose visions that will take years to implement
-A project that is aiming for an industry that will take years for the masses to find comfort in using
-A project that does not have to use a blockchain to make things much easier for moving assets from platform to platform because a mediary is optimal
The shining star that will surprise, delight, and unveil: Could be
ENJ/BTC "Do-or-Die" moment: Enjin about to break out or crash ?Enjin has been strong since the Samsung phone news.
It has been spiking off and on but sellers lurk at peaks.
Now beating against a proven Fib cluster of resistance.
Of course one does NOT need Fibs to SEE the reistance.
But what makes it crucial is REASON for that resistance.
With several fibs lined up so tight it was inevitable.
Break through the overhead cluster should trigger stops.
If enough stops are just above, then a cascade is possible.
If there is a short squeeze, then bulls should jump on board.
$ENJ Could it become the first x10 of 2019!?!?$ENJ Could it become the first x10 of 2019!?!?... Potential bull flag as continuation....
Currently 450% since Buy signal from the UCTS. With a potential 1000% if bull flag breaksout.
Volume looks low for now...
RSI rising again while MACD is deciding what to do.
#ENJ
Enjin breaks channel with 30% profit -now consolidationHello dear crypto friends!
Enjin perfectly respected the 4H downtrend channel that we talked about last weekend in the video, and saw an awesome break above Lower Highs at .43 psychological: up to the wick highs it made more than 30%.
Since then we are in a more descending EQ pattern with the wicks at .5 marking the top, and the bottom currently at .45: A break to the downside could lead to the previous bottom with 10% profit potential, a break above .5 could lead at least to the wick highs at .56 with more than 10% profit potential.
On the Daily , we almost perfectly reached the previous high at .56, and can see the 4H EQ perfectly translating into 2 Daily inside bars. If we keep the current HL at .4 intact, we could further tighten inside this range, leading to a EQ on the Daily itself.
Good luck!
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