Enjin
How is pumping coins done. Example of working on an ENJ +90-600%ENJ Mechanics of win-win work on coins for pumping. The accumulation channel is 45%. The potential at the exit from the accumulation channel is up to + 600%!
The coin, due to its over greed and aggressive manner of squeezing money out of the crowd by the market maker, goes hundreds of percent from the accumulation zone. Now the coin is in the accumulation phase.
Trading in a horizontal channel in increments of 45%.
All pivot points on which this or that movement depends and the trend is shown on the chart . It is also worth noting that there is no clear number of waves that should be in the accumulation channel. The main thing is complete control and understanding of the work on the coin. Entry / exit to the market depending on the reaction of support / resistance levels.
If you do not control the price, but adapt, there are two options for entry:
1) Entrance at the bottom of the channel with confirmation of support. The potential profit in the channel + 45 %.
2) Entrance during the breakthrough of the channel. The first target + 90%. Then, how does the price react to the level of resistance and whether the fixation wakes above it. If the price continues to rise, then sales should be made at key resistance levels. Potential from +90 -600%.
It is worth noting that in such coins there is often no rollback after a breakout, you yourself can see it on the chart, that's why I wrote - the entrance is at the breakthrough of the resistance of the accumulation channel. But you need to understand that a false breakthrough can occur. But observing the exchange book of orders and the buy / sell ribbon gives a clearer picture or a breakthrough, real or potentially false. This is just an experience.
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In the history of the coin, I showed the cyclica l repetition of the sequence of phases of the instrument.
It can be divided into several phases:
1) Set of coin position.
2) Raising the price and selling at affordable prices.
3) Lower prices for a new set of positions.
How to manage the price of the coin and the entire sequence of work in these 3 phases, I described in great detail in the Russian version of this trading idea. Google translator to help you!
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Be not theoreticians, but practitioners. Only the weight of your deposit matters, not the memorized information about trading from many books.
ENJ/BTC (ENJIN) |Symmetrical Triangle Breakout.!!ENJ/BTC (ENJIN)
In Daily TF, ENJBTC Has Almost Broke out the Symmetrical Triangle..
Recently Broke the Ichimoku Cloud Resistance as Well & Volume is Increasing Slowly..
Parabolic SAR is Printing dots under the Candles that Means Uptrend Has Started..
Overall Sentiments are Turning Bullish & I'm Expecting Big Move in Coming Days So Keep Your Eyes on it..!!
First Major Resistance at 796 Sats ..
For Safe Entry, better to Wait for Retest the Main Trend line..
Please, give us your opinion in the comments.!!
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The information given is never financial advice. Always do your own research.
Enjin Coin, swing trade the previous peakThe RSI is centered out. The MACD is bottomed out and triggered the buy signal. The trend is bottomed out. The altcoins will start receiving some rallys very soon. Many altcoins have began to receive a huge influx of volume in the last couple weeks. Sell the halfway point around 6k satoshis. Then hold the bags and try to trade the swing to 12k satoshis. Should be one of the most profitable investments in the cryptocurrency market.
Enjin Coin (ENJ): WaitAs tempting as it might be to jump on the Enjin Coin (ENJ) up move, we think you should hold off.
Enjin Coin (ENJ) is hitting big resistance from a big reaction low in July and a significant resistance cluster near 805. If Enjin Coin (ENJ) can rise above that level on volume, there could be a move to a previous fourth wave at 905.
Bottom Line : Don't chase altcoins unless they prove they are breaking out.
ENJ (Enjin) Falling Wedge Breakout..!!ENJ (Enjin)
- In 12 Hrs & DAILY Timeframe , ENJBTC Has Brokeout the Falling Wedge..
- Indicators Are Turning Bullish & Buyers Are also Coming With Big Volume ..
- Expecting 40-50% Profit in Coming Days (If BTCUSD Remains Stable)
Buy Around 640-670 Sats
Sell Targets 688-724-792 Sats
Stop Loss Below 630 Sats
Hodl Time : 3-4 dAYS
Please, give us your opinion in the comments!
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channel for more analysis - t.me
The information given is never financial advice. Always do your own research.
ENJUSD: Possible Bullish extensionEnjin is currently on a 20 day uptrend with the RSI on 1D hitting 60.00. The same sequence has been spotted two more times in the last 12 months. Both bullish legs hit the 1D MA200 on their peak. This time ENJUSD has potential to break even higher but I want to take one step at a time. The expected peak this time is around 0.12000.
Enjin coin analysis on binance #bitcoinIt seems a bit late to buy but worth watching it.
I liked the volumes and break the downtrend line.
Enj was down for 3months+ 3months consolidation.
The news was Samsung uses enj wallet for their Galaxy phone wallet 6month ago which is huge news for like enj coin because noone was expecting it.
My strategy would be buy slowly. stop-loss when it goes back to downtrend line.
for short term it isn't good enough but for longterm view it is best time to seek for entry.
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ENJ is looking very Bullish if it can breaks the resistance lineENJ is looking very Bullish if it can breaks the resistance line No.1 (Yellow Resistance Line), and it has a very good R/R.
The Breakout of Ascending Triangle has been happend, after that we had a pullback the now we can fly, also a very good Volume has been come to this coin market !
The targets and SL are available in the chart.
First set your SL !!!! Don't forget it !!!!
here is the TPs and SL :
TP1: 0.00055452
TP2: 0.00079285
TP3: 0.00107823
TP4: 0.00121815
SL: 0.00028368
Good Luck ...
ENJ/USD - Action without vision is a nightmare!Hi, today we are going to talk about Enjin and its current landscape.
On Enjin we observe a couple of days ago, that a pullback was made next to and important support this bullish setup gained traction and broked the Downtrend Line above. The next strong zone of defense of the bears is at the level of 61% of Fibonacci Retracement. However, stay careful with Bitcoin (₿), because if he loses the current support that it's near, could transform the altcoins party in a real nightmare.
Thank you for reading and leave your comments if you like.
ENJ newar breakoutEnjin has a profitable gap between now and 730 - almost with zero resistance in between. That may bring 15-21% profit. Near breakout now, but overbought at lower timeframes, so either jump on the leaving train with small amount, or wait for pullback.
Bullish entry 625-628
Pullback zone 610-620
Scalp 690
Main target 729
Bonus targets 798 - 830
Stop loss below 579
Stopless strategy - double order at ~515, sell at 570 or wait for targets
Enjin/Bitcoin MyLongTerm Forecast, important lessons for newbiesI'm watching Alt coin/Bitcoin charts from 2013 to 2019, i will tell you most important things what i learned from it.
1- You cant buy the exact bottoms or sell exact tops.
2- You cant buy right before breakouts.
3- Dont start accumulate before all the well known indicators shows you "its right time to buy" for example weekly EMA-MACD-RSI-OBV
4- Never buy all in any Alt coin. buy daily piece by piece
5- You should keep it mind. your belief will be tested.
6- Never keep your Coins on an Exchange more than 4-6 hours. be obsessed about your coin's security and always use cold wallet.
7- Dont wait EMA-MACD-RSI-OBV confirmation for taking profit.
8- Take your Profits when Bullish Momentum starts losing steam. sell hourly piece by piece
9- Dont be obsessed about selling at top, most of the time you will have another shot.
10- Dont buy back or atleast in same week you took your profit.
Best indicator for top :
When you really feel amazing about your gains, refreshing your portfolio every five minutes, you think you are very intelligent person and you cant wait to share what you have done with your loved ones;
"VERY STRONG SELL"
Good Luck