Enjin
ENJThis one has already pumped quite a bit...would expect the purple box to fill.
The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
$ENJ, one more leg up for now?We're in a very bullish altcoin-year and those who have invested a substantial amount of their funds since January have done really well. Many if not most of the altcoins have done five-baggers, ten-baggers or even more. Yet we all realize that nothing goes up forever. How to decide when to get out?
One of the indicators I follow is RSI. Once we see a continuous pattern of lower highs in the RSI, one has to be careful. $ENJ is showing such a pattern. The earlier chart I uploaded spoke of a target of 2.4 and I still stand by this, but the log charts shows that the strength is fading away. Does this mean we are coming to the end of the bull market for $ENJ? Not necessarily, but it does predict that we may be getting ready for a bigger correction and only based on the shape of that correction, we can decide whether we are at the end or about to start a new bull-run towards new highs.
ENJ/USDT Chart 15/03The previous chart looked silly enough, but it worked and it looks even sillier now ahah
How long is this thing gonna keep following a similar pattern?
The trend has been bullish since the start of March and I think it would be healthy for it to slow down a little.
However, after March 12th breakout there was a retest of the previous high (around 1.94) and it looks like we found support there.
If the trend is going to repeat we could see a test around 2.51 (or even lower to the previous high of 2.19) but the general sentiment is pretty positive and we may be set for further growth.
If on March 18th we'll see a 3.5 or above this thing is broken - hope not lol
More upside with EnjinEnjin Market Cap at the peak of 2017 was $400 million.
Right now its at $2B, only 5X.
The amount of innovation and the work that's been done in the Gaming/VR space since then + Partnerships + Covid tailwinds suggest there's way more upside in Enjin despite the reason parabolic moves.
Catalysts
- Jumpnet launch April 2021
- Efinity Launch 31 Dec 2021
Partnerships
- Microsoft Azure
- First gaming token approved in Japan
- Atari
BREAKOUT ALERT DOGE AFTER ELON MUSK TWEET.BE ALERT ALL TIME HIGHHello friends,
We know all the breakout trends that made before on doge, and that are trends with 500% 1000% increase.
into this view i will let you know that we can get any moment an ALL TIME HIGH BREAKOUT ON DOGE!
Depending on the signal we have, its possible that we can see in short term the ALL TIME HIGH FOR DOGE
Elon Musk
He making a new trend for doge to increase further, i will be not socked if he changed them profile picture into doge
# Doge have a very healty increase with a possible Over breakout on ALL TIME HIGH.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
WE DiD AGAIN NEW ORDER NOW TOTALY 1.5m DOGE 0,10+ AREA TARGETHello friends,
And we adding right now a new order on Doge of 500K doge with totaly 1.5M DOGE
WE expecting a huge increase depending on more trends, we are 24/7 following the trend, and did our order since now.
DOGE HYPE CAN START ANY TIME, AND WE ALREADY SEE ONLINE THE FIRST SIGNALS.
Doge looks great to breakout the next level.
# know that even if btc breakdown that Doge can get the expecting breakout - we have seen this before at price action, we see in most time a trend as the TDL effect. means a huge candle to the target.
Have great times with doge
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
WE BUYING EXACTLY NOW 1,000,000 DOGECOINS -THE GOLDEN INCREAS!Hello friends,
Exactly now at 0.055 we buying a order of 1M of dogecoins. maybe you will ask why we do that?
We expect a huge breakout on this coin next time - as the trends look stable, its making ready for a - re-entery trend.
We have study the volume trends + ofcourse our friend ELON MUSK - where the most take a watch into it.
Those know us, we dont just hype a coin, but we enter only if we have 80% chance trend will increase.
We did change our profile to dogecoin + we did invest since Today 1M dogecoins.
# Dont do the same if you dont any have any risk management. as you know trends go into lines.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
# we did this before same with SKL SKALE NETWORK FROM 0,29 to above 1 usd in max 4 days. beacuase of good study working into the trend.
In this update:
ENJ/USDT Chart 12/03Looks like a silly chart structure but who knows lol.
Value growth has been following a similar-looking pattern twice already, and right now it may be half-way to have a third one.
If it does, the value could reach 2.32 or so, then followed by a small retracement around previous high at 1.94.
Let's see
DOGE FROM 0,055 to 0,10 The Golden order with ELON MUSK EFFET!!Hello friends,
WATCHTREND NO 1 coin at this moment with expecting long term 100% profit.'
we are going on a doge adventure and maybe you also.
We expecting breakout to 0,10 at long term trend, but in short term also possible.
There are very high trends on doge that we choice this as bes t NO 1 at this moment.
For our before update SKL we did just need 4 days, and trend did increase more than 200%
after us update from 0,29 to above 1 usd.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
HUGE BREAKOUT ON WAY BY DOGE - BE THERE AT TIME A PUMPED TREND!!Hello friends,
Depending on my expecting Doge will pump with a huge breakout. later more about it
There is some trends shows that doge about breakout. and maybe even more than 20% increase.
# Some Btc transactions about to move also to doge it looks we will get overflow effect to Doge!
As always we have said it at time.
# its even possible that we can get the new ELON MUSK pump what we have seen before.
Signals on trends shows very interest and volume breakout.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
Taking profits from SKL TO DOGE - HUGE PUMP ELON MUSK EFFECT EXPHello friends,
Expecting a huge pump on doge next time, what can be the effect of Elon musk pump.
why do i expect that , i will add soon a new view with more details.
# dont expect directly price change, this are us main update, and the breakout can do any time.
some times the price should get first the right HNT trend. we already did count also thats its possible the doge can breakdown also before the pump. we have a good limits on this trend. but depending on us trends, we should see a into a short term a pump into it.
# there are trends at this moment that shows us a possible increase on doge for next time.
Be there and have good time!
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
our before update SKL done
WE did it again - Have nice profits all! just in max 4 days Hello friends,
We did it again. have good profits with the last update from 0,29 to now 1 usd. We had also a great time by studing this nice coin.
Take always your profits and be happy.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
Soon new altcoin update. have nice day.
Bitcoin all time high psychology - DONT BUY BTC AS A POSSIBLE DHello friends,
The most know that we expecting a Market recocvery into BTC. and the most would say but, Why we dont see that breakdown trend, There are some trends working now on psychology by manny users that they want a breakout on the all time high . And the most RISK trend are now if we dont hit the all time high, there will be a faster recovery , We believe all 2 options also if we breakout the all time high there is still expecting for market recovery . You personally are free to hold BTC for long term. its your choice with that. but we expecting depending on trends, and we did add before more reasons why we expecting bitcoin should get a huge recovery.
# Nobody know the future, we also dont know what will happend exactly, but we follow since long time our trends, and most time we are on right side also with altcoins study. The trend shows us a very high risk to buy now bitcoin.
# know that bitcoin go into lines - If there is now not down trend, means noting about the coming time, we check the main trend.
Can bitcoin breakout more.
All is possible, but depending on trend, we will see into short term a dump btc price.
What are Watchtrend expecting depending on bitcoin
We expect that we will retun soon to 50-52K with long term crash trend to 44K or below.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
Doge Expecting increase of 20% Next time - BE THERE AT TIME!Hello friends,
And we here again back with ELON MUSK LOVLY COIN DOGE!
Expecting depending on trends that DOGE will increase with 20% at last to 0,067!
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
tip: frenzy of NFT's token ! ENJ/USDT analysis-Non-fungible tokens (NFT) are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports cards to virtual real estate and even digital sneakers.
❇️Why they're important
NFTs have become hugely popular with crypto users and companies alike because of the way they revolutionized the gaming and collectibles space. Since November 2017, there has been a total of $174 million spent on NFTs.
What Is 🌟Enjin Coin🌟?
Enjin Coin is a cryptocurrency for virtual goods created by Enjin. Enjin is the “largest gaming community platform online” with over 250,000 gaming communities and 18.7 million registered gamers.
The Enjin team is designing the coin completely around gaming with the goal of it being the most usable cryptocurrency for the industry. The project includes the Enjin Coin as well as a suite of software development kits (SDKs) that developers can integrate into their games and communities. Bringing blockchain to gaming helps to reduce the high fees and fraud that’s prevalent in the transfer of virtual goods.
❇️-in a sign of just how frenzied the trading action has become, the ENJ token, from a startup company called Enjin, shot up 50% to surpass a market valuation of $1 billion. CoinDesk reported that Enjin planned to roll out two new product offerings focused on NFTs. ENJ is listed on big cryptocurrency exchanges including Binance and FTX, and there’s even derivatives contracts that can be used to bet on the price.
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✅TECHNICAL ANALYSIS
As we can see in the weekly timeframe logarithmic chart , The current price roam about 1.21 $,
Enjin has been trapped in a symmetrical triangle for three years since 2018, when he was finally able to escape after an explosive movement.
Although the current price can be slightly corrected , but According to the last tall candle that has formed now, it is likely that it will reach the orange area directly to conquer the first target.
(even without pullback to triangle roof or green support again). Reaching the first target is not unlikely even in the short term, but the next goals depend on conditions of crypto market and the green market .
Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps), With proper capital and risk management and by setting stop-loss because everything in this market is based on probabilities and there is no certainty.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades