ENJUSD trade ideas
SCREAMING BUY: BUY ENJ up to $0.10Hey Friends!
The Enjin ( ENJ ) Chart Looks Oversold, and It's Still a Buy Up to $0.10...
We talked a lot about Enjin, we've talked about that over the last year in my VIP group...
I wanted to point out to you and this chart is going to look scary...
So you'll notice we are at least at a one-year low for our Enjin Coin...
Enjin is in the development stage...
I've got great news, everything's been wonderful for it, everything works...
But all of the developments that I said are going to shape up through 2019, we've been just quietly watching them come and shape up...
So if you haven't bought Enjin, if you look at it on the price chart, it's very tempting...
If you look at it on the portfolio price, it's almost doubled...
So I'm not predicting when it will happen with Enjin, but you can see when Enjin moves, it moves faster than most traders can respond to...
So what that means is, yes, Enjin has been selling off...
It is still developing everything it said it was going to...
If you're waiting for it to drop against the dollar to buy, I would recommend against that because looking at this chart, you can see it's a screaming buy in here...
I think it's worthy of some patience, might take a few months to turn around, but it's worthy of some patience!!!
Stay ahead of the masses,
Seth Maniscalco
Founder, Crypto Wealth Coach LLC
Owner, Modern Wealth Management LP
www.CryptoWealthCoach.com
ENJUSDIt is ENJ showing good flow.
Between 0.0232010 and 0.0718536 are long-term investment areas with their current locations.
The pair has tumbled along the bullish trend line and the 0.0514915 point and is rising along the upward trend line.
I think ENJ's most important thing is to cross the downtrend line.
At the current price, the downward trend line is near the 0.1362548 point.
If it is not a long-term investment, we recommend buying on the upward trend above the 0.0718536 point.
ENJUSD: Possible Bullish extensionEnjin is currently on a 20 day uptrend with the RSI on 1D hitting 60.00. The same sequence has been spotted two more times in the last 12 months. Both bullish legs hit the 1D MA200 on their peak. This time ENJUSD has potential to break even higher but I want to take one step at a time. The expected peak this time is around 0.12000.
Enjin coin analysis on binance #bitcoinIt seems a bit late to buy but worth watching it.
I liked the volumes and break the downtrend line.
Enj was down for 3months+ 3months consolidation.
The news was Samsung uses enj wallet for their Galaxy phone wallet 6month ago which is huge news for like enj coin because noone was expecting it.
My strategy would be buy slowly. stop-loss when it goes back to downtrend line.
for short term it isn't good enough but for longterm view it is best time to seek for entry.
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ENJ BULL-FLAG!!!Hi!
So here we can see ENJ forming a BULLISH-FLAG!
We are having resistance on the upper trendline channel.
Once this one breaks although, THEN! We can expect ADA surging to higher levels!
All we need is closing on the Daily Candle above that given resistance here and push with a decent Volume.
Follow for more easy visualizations like that.
Good Luck Trading! :)
ENJ - technical buying opDecent TA setup buy on ENJ here. Price just broke over the pivot line indicating bullish short term sentiment. The adx (blue) line on the directional indicator just crossed over the DI- (red) line from below and is trending higher with the DI+ (green) line on top trending higher as well. This is a perfect look on the directional indicator for a buy signal. Also a bullish cross on the MACD signal line right at the zero line is also in perfect position for a buy signal. Looking for price to rise too resistance at .18 in the short term. Will evaluate for a hold or sell at that level.
ENJIN COIN (ENJ/USD) - Buy After The Breakout!On the Daily timeframe, the price has drawn a bullish continuation pattern called Falling Wedge.
The continuation pattern is valid and active after the breakout. So, wait for a breakout confirmation on the Daily chart and the wait until the Daily candle gets a close above the pattern upper trendline.
The target is pretty high, probably you should considering take out some partial profits on the next strongest resistance levels but the pattern target is around $0.4
Feel free to support my effort by hitting the "LIKE" button, it is my only fee from You!
Have a nice weekend,
Cheers!
ENJ two long entriesI see a potential triangle forming, which is ultra rare in wave 2, so likely an extended 3rd wave in a possible extended 1st in a cycle 3. Confusing AF? YEAH! Trying to label to corrective bear market structure was x10000 more confusing.
Anyways. I would love to catch a long on one more dip. Big gains yo. You can start with a small position so you an have a wide ass stop and if it proves itself just start firing your long cannons into it as it goes up. Or if BTC gets all wild and drags it up to invalidate the triangle you can long the higher green box with a stop. I'm not as interested in that setup because there's so much more to trade but just letting you know that I see that too.
I'll make a thread and update it with intra-day trades as it develops. ***in comments***
Enjin Repeating Fractal - another 100% ? After a month of ENJ going nearly 10x from its bottom in late February, it has had the chance to consolidate to the 50% fib retracement zone. Which in doing so, it has created drastic similarities to the consolidation wave after its first leg up.
Therefore it seems it could be repeating the same pattern once again, only this time on a larger scale.
Looking at the chart, we are currently in the center of a key support zone. This support zone was created using replicated fib levels from the prior wave. Meaning that if this level holds, there is a very solid chance ENJ will bounce to the Target 1 resistance zone, consolidate and then make its way to the second target.
I wish you all the best of luck this alt season!
Cheers!
Notes:
The current support zone MUST hold for the fractal to hold true
Generally alts follow Bitcoin, and BTC is currently riding thin support.