ENJ/BTC Long opportunity ENJ/BTC pair shows continuation long trade opportunity in weekly, the price tries is now at the resistance level, and I think it will break out sooner or later.
If you go back to the daily chart, both my indicators show bullish entry as well, the risk rewards is very attractive, stop loss at the previous swing low, will take some profit at 1919 level , then 3000 level.
ENJBTC
Enjin Coin Gains Momentum | Can Go Higher | Chart MappedEnjoin Coin is doing massive bullish action, we have 7 consecutive green candles printed on the chart for 23% of gains in a few short days... Let's take a closer look.
Here we have a full retrace all the way down to the .786 Fib. retracement level. This is very strong support and as we can see from the chart above it signaled the end of the retrace and a change of trend.
Prices for Enjin Coin (ENJBTC) are now trading above all major resistance levels in the form of EMAs, including MA200 in black.
We are seeing above-average volume with a very strong RSI.
The MACD above 0 is a bullish signal.
Enjin Coin can easily continue to grow here... Let's take a look at the daily timeframe before we leave:
Here we can see MA200 conquered and lots of room left available for growth... Feel free to hit LIKE to show your support.
Namaste.
Previous analysis | Enjin Coin Going For A Higher High | Next Move Mapped
$ENJ Cycle Potential 500% GainsLoving this support/resistance flip above the accumulation zone. Looking for a big move upwards.
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ENJBTC Enjin about to explodehey guys welcome for an altcoin update
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Looking at ENJBTC strongly moving ahead and constantly challenging resistances
showing strength with positive divergence with no red flags
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taregts are +1400, +1750 sat
SL 850
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that's all for now, hope this idea will help you making good profits
for more updates follow me here and twitter
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this is Husain Zabir, signing out
Thankyou...
ENJ/BTC BULLISH!
ENJ/BTC looking to have a healthy pullback after a strong upward rally, we have minor support area between 1173-1124 sats a possible pullback to retest our trend-line support and needs to hold this zone for the bulls to continue another leg up.
Next major support if the trend line if the bulls cannot manage to hold potential going down to 1079-1049 sats.
Target for the next bull rally will be around 1217-1250sats good for a nice swing trade just keep an eye for the trend-line support always manage your risk and put stop-loss.
Goodluck Guys Happy Trading.
$ENJ, Crossing over ~927 sats resistance level with UCTS Buy...$ENJ
Crossing over ~927 sats resistance level with UCTS Buy signal flashing on the 1D...
Due to BTC pushing down, I will like to see a R/S flip & Volume continuation prior adventuring into taking a position here...
As target ~1200 sats (over 30%)
#ENJ
#Enjin Coin | A Good Area To Climb Up AgainEntry : 0.00000903 - 0.00000848
Target 1 : 0.00001025
Target 2 : 0.00001184
Target 3 : 0.00001389
Target 4 : 0.00001689
Target 5 : 0.00002024
Stop loss : 0.00000695
Risk/Reward : 17%/140%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
Add to watchlist
ENJ IS ABOUT TO MOONSHOTEnj is one of the best looking altcoins. Just buy it. We had 124 days of accumulation. A big pump in december, retraced all the way back to the top of the accumulation zone. Regained the monthly support. I expect big things next month. Target is the black monthly level at the top.
ENJUSDT: First Contact of 200D 1.25 Stdev Upper Band in Months*Not financial advice*
I had tweeted out about this setup weeks ago after $ENJ had finally dumped sufficiently following hype from Microsoft's announcement of their pilot with Enjin for "Azure Heroes" NFTs. twitter.com
These long term bands are finally compressed quite tightly (relative to the massive expansion for Samsung's announcement last Spring), likely signaling a very volatile event in the mid term. In addition to this compression, ENJ/USD has steadily come closer to the 200D mean, and like in last Spring, maintained a very close distance to this MA for some time (these last few months) before exploding upwards. A pump through the upper 200D bollinger band at 1.25 standard deviations, a very reliable price pivot area, would likely result in a multi-week (and very volatile) rally. And somehow, this price even lines up as the entire vertical range's point of control (POC), likely a result of intense accumulation at this price for the two other cycles.
Be sure to do your own research into Enjin, because this has proven to be a very interesting project over the years.
I will attempt to update this post with targets as this unfolds, but activity like this isn't really too easy to plan for. Good luck!
enjin about to moonvery simple analysis based on previous movement, which ironically took place exactly a year ago
just another type of scenario; follow golden cross, buy in when price touches ma200 and... boom.. hopefully!
action may begin around early/mid february
it s gonna be huge fun if it works out
please note that this is not an investment advice, and always do your own research before investing
LONG - ENJ - Trading OpportunityBounce of the MA200 on the daily chart, along with a very nice hidden bullish divergence, take this trade with a small position size, as the stop loss is quite far away.
Entry: 0.00000935
Target 1: 0.00001264
Target 2: 0.00001466
Target 3: 0.00001692
SL: 0.00000819
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