$ENJ - 18% profit posible - Elliot wave TA + Various indicatorsDescending triangle bouncing of .618 FIB should bounce at (E) of ABCDE Elliot correction wave. Waiting on break out at 2422 satoshi with confirmation of MACD, RSI and DMI.
ALL CHART READS ARE JUST PERSONAL TA, PLEASE USE AT OWN DISCRETION.
ENJBTC
ENJ 50% potentialHi everyone, let's do a midterm trade with ENJ. To put it all in a nutshell: healthy upwards motion with some nice swings that allows for us to either rebuy, take some profits along the way, etc. It has good support, RSI is looking OK and we are about to bounce back up.
Buy range: 1900 - 2100
Targets:
2400
3500
Good luck :)
The little $ENJ ine that could?I posted recently that Enjin coin might hold it's pennant for support, which by the way it tried to, but was forced down by Bitcoin 4.60% and the overall crypto market. Since then ENJ -0.02% like others has recovered and in my opinion has entered bullish territory again. Looking at the chart is has broken back above the bottom of its overall uptrend channel and broken above its Pennant . This is a very good signal for a breakout and yes we could easily come back in 12 hours to see it dip down again so take this trade with caution.
Expect turbulent waters 0.11% ahead and I recommend using a stop at the bottom of the channel. You will have to monitor the trade and continue to adjust the stop but you basically want to try and ride this channel higher and possibly even have a breakout above the channel followed by a breakout above all time highs.
Good luck.
ENJBTC - Possble future targets ENJ is on the hype now - fueled by the upcoming news such as a release of new smart wallet.
blog.enjincoin.io
We are expecting more investors to come.
As of now it might be a bit risky to get into the trade, but I expect some possible retracement zones for buying-in.
Let's hope everybody will get some opportunity to get on the train soon.
Start your ENJ-ines !!Alright, this is a little ace of mine. I had my eyes on this for almost a week. Unfortunately i had no guts to invest on it a few days ago, since i havent learn a lot about the coin, and missed a huge bump! :(
But fear no more! I was watching it for a few hours today and i got all my indicators checked 20 minutes ago.
EMA12 crossover - Checked
Higher lows on the RSI - Check (not 100% )
MACD crossover - Checked ( for some reason my graf its bugged and it always shows zeros)
Stoch RSI - checked
Up trending parabolic SAR - Checked
Last down trend line bokre - Checked ( for now )
Note that it has a LOT of side ways action and a VERY BIG recent bump! I believe on this project although its not in my real interest - trying to keep feelings out of investments!
Check the project if you are interested on this, it has a pretty promising roadmap and teams appears to deliver!
Invest at your own risk!
ENJBTC on Binance Cryptomaniacs CallInside a symmetrical triangle, just touched resistance and is coming down. It's heavily overbought on the 15M which makes me think it can come down a bit, hopefully all the way into my buy zone.
Try to buy at support, you can also wait to see if it will break through support or bounce. If it bounces it's a safe buy!
Stop loss should be no further than the red dashed line.
Profit potential: 12-30%