ENJUSD trade ideas
Current Enjin Coin bull run will peak at $1 near March 25Disclaimer: I am completely new to trading and this is just for fun and learning.
I have read that bitcoin follows a 4-year bull run cycle, and the patterns in price movement repeat for every run: Enjin Coin may have its own bull run cycle. Enjin Coin's recent abrupt volume peak and price movement closely resembles the beginning of Enjin Coin's previous bull run. If this pattern continues, some basic number crunching shows me that the current bull run may peak at $1 near March 25th. What do you guys think?
#ENJ/USD $ENJ Enjin Coin - weekly LONG idea#ENJ/USD $ENJ - weekly LONG idea
Range .021 - .078
testing resistance at .035
low volume possibly increasing
VOL ATR - LONG
RSI/MACD normal, momentum buy side bias
LONG
next test resistance ~ .054
support at .021
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thank you, and trade responsibly - this my idea not financial advice
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ENJ trying to make a market counter trend stand.My pet alt, ENJ, is trying to buck the day's trend and make a stand tonight. For only the 3rd time since May18, it's testing just above the 150 day moving average. This time, for the first time in that timeframe, it's doing it off of an established higher low.
at 4.4 right now, 5.4 is confirmation of trend change. Basically it's trading at its late 2017 USD ico price, which isn't so bad, I suppose, given what has taken place between then and now.
My bags are full, so not buying. But patiently holding, watching. Interested and then some.
THE LITTLE ENJIN THAT COULDHere I am again buying undervalued coins!! ENJ is creeping down towards 5c, I picked up some around 5.8 since I am bullish on Bitcoin. I think when Bitcoin boosts up , 10c and 15c levels will be reached almost instantly. I really don't want to miss that. This is a super legit project already being used to combat item fraud in video games and they have a great wallet also! Great time to accumulate and HODL long term! I THINK I CAN I THINK I CAN!!
ENJ/BTC (Usd Calculated) - not everyone checks it, but shouldjust seriously look at this pitchfork guys. look closely how every line was respected and how we got 2 confirmation touches that this was drawn accurately. i think bot's are using enj usd info to make moves. i have noticed on ENJ/BTC strange trades when there is no fomo no fud, quick moves only point on bots who actualy use this chart and this exact pitchfork i found. i had downtrend before but as we see it reversed. don't ignore usd calculated - chart
ENJ/BTC (USD CALCULATED)Nothing much to say. this is the pattern i was trying to find, now when we have a confirmation everything gets clear. (in my opinion of course)
so this is where we must watch price action, cause every line was and will be affecting price movement. Thank you for your time and i hope you find this helpful.
P.S. i will make updates on this pattern let's see how it goes
Enjin Coin AccelerationEnjin coin has formed a strong bottom at $0.09 area, where price bounced at least three times. Since the beginning of April ENJ/USD price was consistently moving up while bouncing off the uptrend trendline.
The rise has resulted in the break above the 200 Moving Average followed by the downtrend trendline break. This is the first strong signal of a potential trend reversal, that could result in a 230% growth from the current price.
The first strong resistance is seen at $0.32, which is 127.2% Fibonacci retracement, applied to the corrective wave down where double bottom was formed. The second and key resistance is based at $0.5, which is 227.2% Fibonacci retracement level.
On the downside, Enjin coin could correct down to the $0.1 psychological support before growth continues, but only break and close below the $0.09 support could invalidate bullish outlook and extend the consolidation.
ENJ/BTC (ENJ/USD chart analysis)We have a breakout on ENJ/USD. ENJ/BTC chart is more important but we saw TA works on this one too. it was respecting schiff pitchfork drown by me all this time. and now we have a breakout! maybe retest incoming but this is already getting good, lets see how bullish market can go
ENJ / BTC ( ENJ-USD technical)hello guys, this time i just tried to catch something on ENJ - USD price technical analysis, and i was surprised.
you can see this all are connected to each other. it's shown clear that even this chart was respecting schiff pitchfork lines all this time. this is so interesting to see ENJ / USD actualy was also respecting same schiff pitchfork.. i hope you find it helpful and BTW WE ARE AT THE TOP LINE BREAKOUT ! - if retest dont fail we are free on ENJ / USD - main downtrend.
thx