ENJBTC
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.
ENJBTC : More Than 100% GrowthWe can see 5 elliot waves (purple) that we are at the 4th of them. Because zenith of 1st wave is 3040 (showed with blue line) price can't reach this number and so we are at the end of 4th wave. We can see more details for confirmation. 3rd wave is include of 5 waves and after that ABC pattern for 4th wave is obvious. For 5th wave we have some targets that are visible in the chart.
ANTI - NEN STARHi.
i think we are going to have ANTI-NEN STAR or ANTI SHARK 2 .
WHAT DO U THINK ?
if u are agree with me just like me.
thank u
#Enjin $ENJ entering accumulation zone 3350-3750, 10800 by JuneI believe there will be plenty of time to accumulate ENJ in the 3350 to 3750 range.
There are few real-world applications for cryptocurrency and blockchain outside of Bitcoin that will have any value, Enjincoin is well targeted at one of those applications. Digital collectibles within the gaming industry is already a multibillion-dollar industry with exponential growth. A system which provides liquidity cross-platform and between games will become a multi-billion dollar protocol. This is likely the only thing that ETH will provide real utility for is in the support of such tokens that can be linked to digital collectibles.
Following consolidation which could go on for weeks, I expect ENJBTC to see a steady rise followed by another huge FOMO driven pump to 10800 Sat.
The partnership between Samsung and Enjin Coin was confirmed at the Samsung summit in Barcelona. The partnership produced the gaming wallet on the Samsung S10 mobile phone.
Great opportunities in blockchain tech and digital scarcity include:
Ravencoin (RVN)
Enjin Coin ( ENJ )
Basic Attention Token (BAT)
Binance Coin (BNB)
Bancor ( BNT )
Bitcoin ( BTC )
And to a lesser extent Etherium (ETH) because it will likely be a platform to secure digital collectible protocols like ENJ and utility tokens. Though I believe it is likely already valued appropriately where it now stands.
My first triangleI like spotting triangles and potential breakouts, let's see what happens at 15:30 :)
ENJ-BNB Long Trade PlanCommodity : ENJIN COIN
Trade Type : LONG
Trading Against : BINANCE COIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 25% to 67%
Prospective Loss : 11%
RRR : SL to TP1 is 2.1, SL to TP2 is 3.5 , SL to TP3 is 4.3 and SL to TP4 is 5.8
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
ENJIN now ? 4H Timeframe1D Chart show clearly that Enjin is making his correction, but i see more clearly on 4H Time.
it passed under EMA100 and now this EMA Acts as a resistance.
Anyway i like this coin because of the project reality and partnerships, so a mistake shouldn't be a big problem for a long invest.
but it's always better to buy cheaper and at the good time!
i would not touch it now at 4200 before seeing clear bounce confirmation showing us that it stays in his triangle.
4000ish zone, it bounced multiple times so it can be a first small buy.
3500ish have big support on EMA200 could be a second strong buy.
Stay Safe as BTC is weak right now.
Happy Tr4Ding!
ENJIN trade ideaIm looking to load up a truck of ENJIN on between the buy zone mentioned. I will wait the price breakdown the ema200 that is looking like is about to happen.
I will Buy and hold aiming targets above 1200sat for short-mid term, and above 2k sat for long term.
Binance Analysis: BNB, BTT, ENJHello dear Altcoin fans! ;)
In this video:
Binance Coin: Huge run up, reaching previous tops at 17.3: Consolidation & forming Higher Lows would be very healthy on the Weekly
BitTorrent: Trying to sneak back again into EQ zone
Enjin Coin: Consolidation on the Weekly
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
ENJ/BTC 4H Last leg upEnjin coin finished the 4H correction , looking to make the last leg before we get a correction of this whole move up.
Interesting fractal to note here recurring before enjin takes off
$ENJ Could it become the first x10 of 2019!?!?$ENJ Could it become the first x10 of 2019!?!?... Potential bull flag as continuation....
Currently 450% since Buy signal from the UCTS. With a potential 1000% if bull flag breaksout.
Volume looks low for now...
RSI rising again while MACD is deciding what to do.
#ENJ
Enjin breaks channel with 30% profit -now consolidationHello dear crypto friends!
Enjin perfectly respected the 4H downtrend channel that we talked about last weekend in the video, and saw an awesome break above Lower Highs at .43 psychological: up to the wick highs it made more than 30%.
Since then we are in a more descending EQ pattern with the wicks at .5 marking the top, and the bottom currently at .45: A break to the downside could lead to the previous bottom with 10% profit potential, a break above .5 could lead at least to the wick highs at .56 with more than 10% profit potential.
On the Daily , we almost perfectly reached the previous high at .56, and can see the 4H EQ perfectly translating into 2 Daily inside bars. If we keep the current HL at .4 intact, we could further tighten inside this range, leading to a EQ on the Daily itself.
Good luck!
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
ENJIN Samsung Wallet + Galaxy Store, Unity, NRG Sports, EfinityENJIN Partnerships w/ Samsung Wallet + Galaxy Store/Universe, Unity, NRG Sports, Efinity
Everyone has now heard about the Samsung partnership. For the newcomers, there is much MUCH more going on to be excited about. Enjin is a 10 year old company with a great reputation and existing community in the gaming space. They set out to build a platform that will power the future of gaming and are in the process of following through on their vision. Over the past year, the (large) team has been working like crazy and has accomplished some amazing things.
Check out the links below. DO YOU NEED MORE REASONS TO HODL?!?
Samsung Galaxy Store / Game Universe
Unity Partnership
Wallet: Samsung, In Wallet Trades, Gift Cards, etc
Samsung s10 Cryptocurrency Wallet Keystore Integrated with Enjin! - Live example showing wallet & trading.
NRG Esports begins partnership with Enjin Coin - will create a custom token with its own branding on it, and will then distribute it to fans of the organization in an attempt to spread awareness and to reward engagement. These tokens will be used for entering raffles and winning prizes, whether it’s visiting an event, receiving gaming hardware, or receiving professional training.
NRG already counts EventsDC, Republic of Gamers, Logitech, Twitch, and Amazon Coins among its partners. Competing in titles such as Fortnite, Counter-Strike: Global Offensive, Overwatch, Rocket League, Hearthstone, For Honor, Vainglory, and Smite, NRG is one of the biggest organizations in esports
Efinity Partnership - scaling, item transfer.
Enjin Blockchain Explorer
Enjin Wallet
World of Warcraft partnership
14000 Sat target for Enjin $ENJBTC during 2019 $ENJ There are few real world applications for cryptocurrency and blockchain outside of Bitcoin that will have any value, Enjincoin is well targeted at one of those applications. Digital collectibles within the gaming industry is already a multibillion-dollar industry with exponential growth. A system which provides liquidity cross-platform and between games will become a multi-billion dollar protocol. This is likely the only thing that ETH will provide real utility for is in the support of such tokens that can be linked to digital collectibles.
Following consolidation which could go on for 2 months or more, I expect ENJBTC to see a steady rise followed by another huge FOMO driven pump to 14000 Sat.
The partnership between Samsung and Enjin Coin was confirmed at the Samsung summit in Barcelona. The partnership produced the gaming wallet on the Samsung S10 mobile phone.
Great opportunities in blockchain tech and digital scarcity include:
Ravencoin (RVN)
Enjin Coin (ENJ)
Basic Attention Token (BAT)
Binance Coin (BNB)
Bancor (BNT)
Bitcoin (BTC)
And to a lesser extent Etherium (ETH) because it will likely be a platform to secure digital collectible protocols like ENJ and utility tokens. Though I believe it is likely already valued appropriately where it now stands.
ENJIN PRE-PUMP PHASE - TRIPLE THREAT ??ENJIN Coin has seen 2 significant pumps, the first on 25-26 march and the second 8-10 march following news of their partnership with Samsung on their latest device.
As seen on the chart, ENJBTC has broken below the key resistance level which was 5500-5000 Satoshi to bounce right of this solid support level of approximately 4000 Satoshi.
We believe the pair will break upwards of this key support level as a result of a bullish bat pattern if it brekas above this key descending trend line.
If all goes to plan we should see a new pump within the next week which could seen the pair rising by over 100%.
Target: 0.00009000
ADAR CAPITAL.
