ENJBTC
Enjin Coin (ENJ) - June 18Hello?
Welcome, traders.
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(ENJUSD 1W Chart)
We need to see if we can continue the uptrend by moving above the 1.58953080 point along the uptrend line.
(1D chart)
We should see support at the 1.35937421 point and see if we can move along the uptrend line.
If it deviates from the downtrend line, I would expect it to move towards the 1.79815147-2.01754009 section and re-determination.
If it falls from the 1.35937421 point, a Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
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(ENJBTC 1W chart)
If the price is maintained above the 2766 satoshi-2943 satoshi range, it is expected to maintain an uptrend.
If it falls from the 1911 Satoshi point, it may take a long time to rise as it enters the mid- to long-term investment area.
Therefore, careful trading is required.
(1D chart)
It remains to be seen if the 3344 Satoshi-3711 Satoshi section can find support and break out of the downtrend line.
If it falls from the 3225 Satoshi point, Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
ENJ/USDT BINANCEENJ/USDT BINANCE
4H hollow candlesticks.
After a very profitable year, Enjin continues a healthy steady growth after a huge correction above 80% of its value.
As those two asymmetric triangles have formed, a price breakout is about to happen as BTC will lead the market.
Multiple support & resistance levels shown as horizontal lines, except those two basic highlighted areas.
Fibonacci retracement showed already a nice entry point.
MACD shows a sideways movement.
Steady Volume.
A bar pattern repetition shows a possible scenario for the next days.
Enjin Coin Price (ENJ) = $1.41 -3.41%
0.00003666 BTC -1.44%
0.0005951 ETH -0.11%
Good Luck
CryptoHellas Team
Enjin Coin (ENJ) - April 29Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ENJUSD 1D chart)
We need to see if we can get support at 2.67570597 and get off the downtrend line.
If it goes down, you need to make sure you get support at 2.45973917.
If it falls in the 1.79815147-2.01754009 section, a Stop Loss is required to preserve profit and loss.
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(ENJBTC 1W chart)
(1D chart)
We have to see if we can get support and ascend at the 4811 Satoshi branch.
If it falls, it remains to be seen if it gains support at the 4484 Satoshi spot.
3344 Satoshi-3711 If you fall in the Satoshi section, you need Stop Loss to preserve profit and loss.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Ascending Bullish triangle Enjin community on the launch of Jump Net! that means you could throw your favorite streamer a powerful @Enjin sword right when they need it in battle, then throw them $ENJ when they win.
With high volume breaking 3.03$ reversing from 3.68 61% Expansion and it will target 6.45$ but 2.85 should hold within the daily candle.
ENJ/USDT Long Opportunity (Don't Miss Out)Hello masters, how's the trading going?
If not well then presenting you one more potential setup called ENJ/USDT.
Currently things are looking very well in this, successfully breakout from falling wedge and retested. If BTC will not show any drama then we can see price hitting resistances again, current price will be good long entry IMO.
Make sure you use stop loss if market move in opposite direction.
peace:)
ENJUSDTI'll make this fast:
Open long positions and close on those TP areas as shown on chart.
For a safer strategy: Wait for the Confirmation and closure of a 4H candle above resistance just to make sure. (ENJ had a big pump already)
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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