ST Bullish Projection (Jan 12th 2021 through Jan 25th 2021)Enjin/USD rate (January 12th 2021 through January 25th 2021)
Low: $0.1429-$0.149
High: $0.298
So for Enjin, I think it's possible to see it quickly test some support around 15 cents before continuing past 17 cents, as well as a trend check in later on if we aren't as strong as previously thought to keep trending upwards.
Here's a 5 week chart for a broader time frame and higher price targets for this as well in related:
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ENJUSD trade ideas
EnjUSD Cup and shoulder breakout in progress Huge gains aheadHI everyone,
Enjin Is a solid project with strong fundamentals
It is making a Clear cup & handle formation
MA100 acted as strong support on weekly
Breakout above resistance this week would result
In huge gains in the next few weeks
$1 Mark is the first target
Macd crossed bullish on weekly
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Have a great day
Enjoy trading
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DOTDOT is approaching a support zone at $5.08. If it can hold this support, we could see a move towards $$5.65, $5.92 and $6.29. Failure to hold the support could lead to a drop in price towards $4.65 and $4.25. $4.65 and $4.25 would be an ideal place to add to your DOT long position with targets up to $6.29.
Enjin Enjoying A Stable Breathing RangeSeasonal highs and lows have defined a breathing pattern in Enjin between $0.05 and $0.25 for huge swing potential of 150-350% ROI over 12 months. Interaction with historical support and resistance may encourage this pattern. If Enjin remains stable, swing purchase season may start next Spring.
Breakout may happen at any point, up or down, but even major breaks show an eventual return to pattern. Moving forward, this will create stern boundaries that dictate the direction of excited price movements.
What is Enjin Coin (ENJ)? The ecosystem of Games Dapps!!!1. Enjin Coin it's an Ethereum-based cryptocurrency used to directly back the value of the next generation blockchain assets.
2. The proyect started on end of 2017 and was becoming one of the crytocurrency outstanding of the investments.
3. That cryptocurrency it's a pioneering what enghusiastic it's might to develop games, Dapps, smart contracts and projects made by talented developers in this ecosystem.
4. Enjin give the ecosystem all solution for a real-life value, meaing that all assets create with it have readl-life value together.
My Personal Opinion:
That cryptocurrency is so curious in what solution they offer for us to build a nice proyect. Also, from the past year when I know the cryptocurrency started with Bitcoin on 2018, that proyect on 2019 I knowed and I pay attention on this proyect when I have in my mind to created a project based in this proyect. Right now, I'm thinking to created a blockchain proyect and Dapps based to trade assets to created a digital economy and finance of open-world that we could to build anythig that you imagine as New York city on Blockchain, London, a museum, a tower, a culture, until your own imagination that we could to imagine your entrepeneur idea. But,that it's my solution and I still pay attention more on this proyect and have for future reference in my hand when started to learn to how to learing programation langauges, marketing, how to create website, study a lot Blockchain and more that I will need to created a fascinating proyect entrepener.
But, rememeber that I'm trader and well, I make trading in my actuality, and also, I'm trade Bitcoin, Ethereum and Litecoin to win agains the financial crisis. And soon, I will going to trade altcoins, but my step # 1 is to study each proyect that interesting to invest and to trade altcoins to accumulate!!!
Well guys, this is it, Enjin Coin is one of my curious and favorite cryptocurrency and I believe that this crypto could to created a highly impact on the games, creation of games and new ecosystem into on the Enjin Coin plattform. And as my future proyect, I want to study programming langauges to created my first Dapp in Enjin Coin, but not it's only this type of game, but I have in mind to created another games Dapps in my mind for the future and to make that these proyect become the next generation of this ecosystem. But, I'm started to know this proyect and well, all in the life we will need to learn if you want to created your reality.
For more resource: Please visit below:
1. Enjin Coin website: enjin.io
2. How Enjin Coin works: www.youtube.com
Engin Crypto Gaming Platform is So huge!!! It’s been a busy year for Enjin.
-->It officially launched the Enjin Platform, a blockchain PaaS (Platform as a Service) that allows developers to create and manage blockchain games without knowing any blockchain code.
-->It kicked off its Multiverse program. This gives game developers everything they need to incorporate their games into the Enjin platform, including marketing, community management, and crowdfunding.
-->And it released software development kits (SDKs) for Java and Godot. Both are popular programming languages and make it easier for developers to build on Enjin.
The hard work is paying off. Enjin started the year with roughly 50 million assets on its platform. Today, it’s over 1 billion
Next up is Efinity, Enjin’s game-channel network for highly scalable blockchain transactions. With Efinity, a game can perform nearly infinite volumes of transactions between millions of players and the game server. And these transactions will remain trustless and verified on the Ethereum blockchain. Efinity’s release is expected later in 2020.
With all these new developments and Enjin’s draw on millennials, we think the project has lots of room to run.
ENJIN breaks key resistance. Parabolic moveENJIN clears 0.21 cents and this major resistance zone, this is a VERY GOOD sign. As long as it stays over on the weekly, this looks primed to make a parabolic move. The chart looks very similar to LINK and LEND. Simply put I’m expecting ATHs for ENJ and a major move up over the coming weeks / months. Patience
Ready to break outThe price of ENJ has mostly been going sideways since may. RSI and Stoch RSI might be signaling reversal. If price can stay above purple line it's possible that will act as a higher low.
Substantial retracement here definitely ideal to stay above 0.236 Fib level.
The last rally saw 400% gains
ENJIN Long IdeaA few rising wedges have formed, along with a falling wedge that led to a large break to the upside of the major rising wedge
looking for a breakdown of this current price structure into a H&S pattern to the bottom of the wedge, this is the best opportunity for long.
Its also a good opportunity to go long at the middle of the wedge trend, i have listed this point.
Forming a H&S on the BTC pair so it seems appropriate to form a H&S pattern on the USD pair
I am long this project
Enjin Coin (ENJ) - July 19Hello?
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It can be said to be in an important position by rising above 0.20006360 points.
If supported at 0.20006360, it is expected to rise above 0.25246048.
If you fall from 0.20006360, you need to make sure you can get support at 0.17244671.
You have to watch the movement during the period from July 20-July 30.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section