ENJBTC forming bullish Gartley | Upto 66% bullish move aheadPriceline of Enjin / Bitcoin cryptocurrency is forming bullish Gartley pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000940 to 0.00000797
Sell between: 0.00001053 to 0.00001324
Regards,
Atif Akbar (moon333)
ENJBTC
MODERN VERSION OF THE GOLD RUSHA gold rush is a new discovery of gold—sometimes accompanied by other precious metals and rare-earth minerals—that brings an onrush of miners seeking their fortune.
Times change. History repeats itself, just in different forms.
Eventually blockchain technologies will become part of our daily lives without even realizing it.
In future the wealth of the people will be transformed into digital assets and the ones who are capable of realizing the idea now shall be rewarded.
Further on.
Looking on the 4H time frame.
ENJIN COIN is going as expected in the ascending triangle pattern .
Expecting it to breakout in the upcoming days, together with COINBASE:BTCUSD
Crawling above the ichimoku cloud, and having volume increased.
ENJ/BTC possibly forming next LEG UPENJ/BTC after strong fundament formed pattern bullish pennant , which is known for a bullish breakout out of it. I really like how the consolidation confirming BK231 as a support at 1D candles and the volume is moving down to the apex . RSI is ready for a bigger move and MACD + Histo showing first buys at 4H . First 2 sell levels looking very possible if bullish scenerio will happen , but most likely will be selling ENJ between 1700sat and 1900sat . Turn on allerts on the trendline and long it if you see confirmation on a smaller Time Frames or gaining strong volume . Don't FOMO , buy before it :)
New trading idea ENJBTCENJBTC is in a triangle for 11 days and it appears that the journey is ending today in a positive way if it can close a candle above that triagles upper bound ( 1174 sat)
first target is 0.618 fib level 1214 sats
second target is 1.0 fib level 1460-70 sats
third one is 1.618 fib level 1881 sats
In my previous analysis about ENJ i spotted a nearly perfect chart pattern but FUDs about MATIC caused a trading anomaly that effected all raising coins.
And i said that it will take a while to recover the losses. I believe that this recovery near.
Thank you all for stopping by and reading my ideas. DYOR always. This is just an idea NOT an advise.
ENJ Symmetrical Triangle Soon the outcome of the situation. PumpAfter the pulse, a symmetrical triangle formed above the accumulation channel. The figure of uncertainty. But it is important that at the moment the price over the accumulation channel and the volatility is clamped into the corner of the triangle. Soon there will be a denouement of the situation.
TARGET:
1) The first goal in the event of a breakthrough of the triangle up to a local maximum of + 25%.
2) The second goal and the full development of the figure + 50%.
3) Further on the situation, as a breakdown of resistance will take place and consolidation above it.
If this happens, then a full-fledged pump starts at hundreds of percent.
I showed all the TARGET in this trading idea:
EDUCATION
How is pumping coins done. Example of working on an ENJ +90-600%
Entrance is only on a breakthrough or rollback after a breakthrough . It depends on your trading strategy and manner of work.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
If the triangle breakthrough is confirmed and the pump starts, work on a similar principle as I described in the training idea using the MATIC coin as an example and used it to shoot a video on my youtube channel. I will not repeat.
The educational idea of working on such coins using the MATIC coin as an example:
EDUCATION
Pyramiding online on a coin for pumping. Matic. Smart trading.
ENJ the next big boy in crypto #gemhunt 200% profit potentialhey guys welcome for another gemhunt in altcoins, now as you know previously we picked some of the best altcoins for you which gave huge huge profits in just some time, our first pick was Matic and second one was One we took great entry and exit points in both of this coins, next coin i want to add in my list is ENJ or Enjin, which is something definitely looks damn bullish and strongly holding support levels even against Bitcoin's price volatility.
now in the upper chart which is 3day candle chart, the first thing you see is the red support line which bulls strongly hold upto 6 months, this is the major line between bulls and bears, if prices goes below this than its really difficult to say where drop will hold the support
next is the green line the major short term support level we need to hold for the next rally any daily close below this will lead the drop towards the red line, so that's a good place to set your stops, right now this short term support is sitting around 0.075-0.077$ level
the horizontal white lines are small resistances where you need to take profits and cut your position, and the pink zone you see will be the first major resistance and after that the red zone is more likely the place where you expect a reversal, incase if prices breaks the red zone than 0.025$ could be the last extended stop for the rally.
at the bottom as you see 3 day RSI is clearly making a higher lows with prices forming lower lows formation, indicting for a strong bullish divergence.
here's the weekly view of ENJ, now the very first thing are the moving averages which you see in chart, clearly we made a successful weekly close above 55 and 21 wema which is a strong indication of a rally, plus bulls are strongly protecting 21 wema which is right now sitting around 0.075$, another major factor is my custom indicator which has just left the green and blue zone and strongly moving in the yellow zone, so clearly no sign of weak momentum, next thing to notice is the upper trend line you see connecting tops which is the key level we need to break to keep moving higher.
here's the daily chart which looks damn beautiful, notice that how perfectly prices hold the golden ratio fib618 level for almost 6 months, even when bitcoin is highly volatile ENJ keeps hold its position, and my custom indicator is showing that we've now moved in the red zone which is a strong signal of keep moving higher and making higher highs and keep breaking resistances.
alright, that's all for now guys, do hit like and follow us so that we keep bringing awesome new trading ideas for you so you guys keep cashing out with profits
like we already making with our premium family members;)
for any further queries check my profile or follow me on twitter
this is husain zabir signing out
thankyou...
Enjin Coin-ENJBTC-
You should check if you can get support on the medium-term uptrend line.
If the price falls below this uptrend line, it is likely to touch 20MA and 0.00000879.
-ENJUSDT-
Ichimoku is challenging the baseline.
If it doesn't, it's possible to touch the 0.0717012 and 50MA.
If the breakthrough succeeds, we expect to rise to challenge the 0.0900300 point.
If we can settle above 0.0900300 and gain support, we expect a big upside.
--------------
Everyone wants to make a lot of money while trading.
It is important to select when to fall out and when to enter.
ENJ 1H: Tokenize Me*This is not financial advice. Do your own research.*
In the matter of a few days, companies showing public interest in NFTs has grown wildly. Microsoft announced Azure Heroes, which actually uses the Enjin blockchain, Nike announced ERC-721 use for tokenizing their sneakers, Binance announced NFT collectibles for the holidays (using 1115, possibly Enjin in the interim until their planned move to BEP7), and a few less notable companies.
Microsoft caused the huge pump on this chart, but I'm inclined to believe that it's not over.
OBV is at ATH.
Above observations are self-explanatory. Good luck!
ENJ/BTC TA Update (Bounce at 200 Day MA?)ENJ/BTC
ENJ went straight into the 200 Day MA, breaking above it and now back to 200 MA retest as support.
It is not easy to say the 200 MA will hold because, during the pump, no support is built around the 200 MA.
We will wait for more price action between this area of support in the coming days.
It is not advised to buy this coin at this price point as it may be just a bounce at 200 MA not trend reversal.
ENJBTC Nearly perfect Bullish Gartley BAT detectedif you look at the 30min chart you can clearly see that ENJBTC has printed a nearly perfect bullish Gartley pattern BAT which suggests a quick raise to 1.618 fib. level.
And this mentioned raise has been confirmed in last 2 hours in my opinion.
entry: 1140 sats
stoploss: X mark of the pattern which is 1097 sats
target: 1400-1430 sats
time limit : 24 hours.
As you can see this is a short-term trade idea. if it won't happen in 24 hours, idea cancels itself.
good luck and thank you for stopping by and reading this article.,
$ENJ lower TF: RSI & MACD divergence, falling wedge at support.if $ENJ doesn't hold here we could see 1080-1050, but I think a 12-15% bounce here is more likely. Looks very similar to $fet's retest of lower TF support and that ended up bouncing 20%+ ...Lower TF: RSI & MACD divergence, falling wedge at support.