$ENJ, Ascending triangle breakout following with a retest...$ENJ
Ascending triangle breakout following with a retest of now support at ~658sats looks tempting for a long opportunity here
Volume flowing in and rising (+350BTC in Binance)
UCTS Buy signal on the 12H(and almost every LTF)
Crossed over EMA50
As targets: ~800 / ~930sats
#ENJ
ENJBTC
ENJ/USD - Action without vision is a nightmare!Hi, today we are going to talk about Enjin and its current landscape.
On Enjin we observe a couple of days ago, that a pullback was made next to and important support this bullish setup gained traction and broked the Downtrend Line above. The next strong zone of defense of the bears is at the level of 61% of Fibonacci Retracement. However, stay careful with Bitcoin (₿), because if he loses the current support that it's near, could transform the altcoins party in a real nightmare.
Thank you for reading and leave your comments if you like.
ENJ newar breakoutEnjin has a profitable gap between now and 730 - almost with zero resistance in between. That may bring 15-21% profit. Near breakout now, but overbought at lower timeframes, so either jump on the leaving train with small amount, or wait for pullback.
Bullish entry 625-628
Pullback zone 610-620
Scalp 690
Main target 729
Bonus targets 798 - 830
Stop loss below 579
Stopless strategy - double order at ~515, sell at 570 or wait for targets
Enjin Coin Moves Above EMA10 (Bullish + 105% Profits Potential)Enjin Coin (ENJBTC) just moved past EMA10 on the daily time frame/scale and looks like it can easily move higher.
Trading above EMA10 equals bullish potential.
On the chart we can notice:
A broken downtrend line.
Increasing volume.
And our targets.
Looking at Enjin Coin longer-term, it has huge potential for growth.
This is just a friendly warning... Thanks for the continued support.
Namaste.
ENJBTC is likely to move up from support| Up to 440% expectedSince Oct 2017 the priceline of Enjin Coin cryptocurrency is moving wihing an up channel and now price action is hitting at support of channel and since 2017 no breakdown of this support ever seen.
The MACD is turning bullish.
Stochastic is in oversold zone.
The sell volume is decreased.
I have taken Fibonacci retracement from resistance of the up channel upto the support and set the sell targets accordingly and those sell targets are as below:
Sell between: 0.00002513 to 0.00004324
Regards,
Atif Akbar (moon333)
ENJ/BTC setting up for a pumpENJ/BTC has one of my favorite setups here.
Retraced the bubble pump from the Samsung hype news fully.
Momentum is shifting, selling exhaustion is becoming apparent.
Fundamentally solid project as well.
Agressive entries in this 870-800 area (smaller position size, with stop loss below 700).
Conservative/safer entry on a breakout above the falling wedge pattern (in that case, stop loss would be below 800).
My max risk for alts is 2% of trading capital (if stop gets hit, I lose 2%).
Everyone has forgotten about ENJENJ continues to drop like almost all other alts
We do see some descending price + rising OBV, which could see a move higher in the coming days/weeks especially with BTC dominance looking like it wants to pullback
Targets on this coin could return substantial amounts of $$$ at the levels it currently sits at but the risk is still there with a break to new lows
$ENJ / $BTC Great volume displayed over the last 12H...$ENJ / $BTC Great volume displayed over the last 12H
Entering now seems risky as we can expect some retrace to retest what now would be a support if hodl
Waiting for a HL pivot near ~950sats could be a much better entry for a long to 1150sats+
Falling to hodl is an exit.
#ENJ