ENJBTC D1: 30% gains possible / BUY/HOLD setup(SL/TP)(NEW) Why get subbed to to me on Tradingview?
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ENJBTC D1: 30% gains possible / BUY/HOLD setup(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ENJBTC daily chart review/outlook
::: price contained within BEAR channel
::: however short-term gains likely
::: nice base near lows currently
::: 30% upside BUY/HOLD setup
::: expecting relief rally soon
::: re-test of 2000 sats mirror S/R
::: BUY LOW / BUY at market
::: and get paid
::: good luck traders!
::: and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: RANGE/MIXED
::: Sentiment outlook short-term: BOUNCE/BULLS
ENJBTC
ENJ/BTC: Higher Lows, Looking for Further Momentum 2D (Aug. 13)X Force Global Analysis:
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In this analysis, we look at Enjin Coin's (ENJ) 2 day chart, identifying key trend lines and areas of support.
Analysis
- ENJ has been creating higher lows and higher highs, until recently it has had a corrective trend
- Prices bounced on historical support, marked by the blue area
- It is currently trading below the 0.382 Fibonacci resistance, and has tested the 0.618 resistance with a wick
- However, as the overall trend is bullish, we could expect further bullish price movement from ENJ
What We Believe
Given that Bitcoin ranges sideways for a while, Bitcoin dominance will drop accordingly, providing opportunities for a bullish altcoin market. The overall cryptocurrency market is bullish, just as ENJ's overall trend.
Let us know what you think in the comment section below
Trade Safe.
Enjin Coin ENJ/ BTC - Swing Trade / long-term investmentOscillators indicate buying signals for ENJ on the ENJBTC chart on the 1D and 3D TF.
It seems like Enjin Coin has completed an ABC correction and that it has found support on the 200 SMA from where it has already bounced.
Currently there is sufficient bullish momentum for a 16-23% pump (entry between 0.00001625-0.00001642) before a further correction to the downside (which is indicated on higher TFs).
Swing Trade ENJ-BTC (R:R=1.3):
entry#1: 0.00001625-0.00001642;
TP1@0.00001898;
TP2@0.00001998, with 3% TTP
SL@0.00001348 (SL timeout = 19000s)
NO stop loss recommended for this crypto for fundamental reasons / long-term hodlers
(in case price falls considerable lower, add more ENJ to your portfolio -> accumulate it and hodl/stake it for long-term)
I´m not a financial adviser. For educational purpose only!
#ENJBTC Bounce or die, (another) buy the dip opportunityLast (strong) support reached for $ENJBTC, touching the 3 months descending support/resistance line, the 6 months major upper trend support line (broken once during one week in March), and the 100 days Moving Average.
We are quite far down from the fractal pattern shared previously, and I moved the exponential rising line accordingly. I am still expecting the trend to resolve on the upper side. RSI is also touching an 11 months raising base line....
We shouldn't close below 1800 satoshis... After 3 days below that level on the daily, that would confirm a reversal, quite unlikely in my opinion.
ENJ ON FIRE! CHARTS SHOWS LOT OF BULLISH SIGNALS!ENJ/BTC - BULLISH NEWS - BIG MOVE COMING?
ENJ shows bullish signs after get listening at some DEFI Plattforms. In my Opiion DEFI is the next huge thing!
Be prepared for it!
Entry: Between 0.00002235 BTC - 0.00001985 BTC
TP1: 0.00003409 BTC
TP2: 0.00004120 BTC
ITS NOT A FINANCIAL ADVICE, I JUST SHARE SOME IDEARS AND TRY TO CREATE SOME CONSENSUS ABOUT KRYPTO!
IF U HAVE ANY QUESTIONS, PLEASE FEEL FREE FOR SENDING ME A PN
#BUYBITCOIN - CHEERS!
ENJ/BTC (Another Leg up?)ENJ/BTC
-the cross ultimate indicator flashes signal last Dec 2019
-after then, the price continues its uptrend to date
-currently just broke the local resistance at 2191 sat
-now, it must maintain above previous resistance
-or at least pullback to retest and flip into new support
-staying above the green box is bullish
-trading priority is to Buy when a breakout is confirmed
Enjin Bounces of Ascending Channel Support - Buy OpportunityI really like this set up for Enjin vs BTC. The price action has been moving within this ascending channel since 2019 and recently confirmed support, giving us a nice bullish continuation setup. I outlined an inverse head and shoulders set up in green. It actually looks like we already broke the neckline and completed the pattern, but the price has returned back to the neckline which gives us a second chance to buy some before lift off. The MACD is bullish, holding above the zeroline with a near cross over the signal line. I'm long here! Look for resistance at the top of the channel, but don't be surprised if we bust right through it.