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Enjinbtc

ENJ/BTC - 4 Indicators Suggesting a Good Entry.Hello everyone! I hope you're well as usual, today I've discovered an interesting opportunity. Quick disclaimer: I'm not held accountable for anything you do if you use my charts as trading signals, or a source of financial advice. My posts are simply thoughts and opinions, as well as information that can help educate people or spark discussions. I'm excited to share with you my first post that isn't about BTC, but instead, an altcoin named ENJ, which is famous for partnering with Samsung. Here's 4 Indicators I found that maybe worth an entry, let me know what you guys think in the comments below. The list are as follows: 1. Last Support Line at 1988 sats 2. Falling Wedge 3. Level 19 Oversold RSI on the 4 hour chart 4. Risk Management: 4.47-1 trade 1. Support Line As you can see we've seem to hit the lowest level of support, and it's holding fairly strong as we speak. It doesn't look as strong as the others above it, but its the last one we've got, and if that fails we're looking at 1000 sats, back to its original sideways movement, worst case sceanario. I believe its important to to consider every possibility. I predict that we won't break the support because alts are currently bleeding right now while bitcoin is currently having its spotlight moment at 6100 USD. BTC will eventually need to retrace down a bit, thus giving alts time to catch up again, in theory. 2. Falling Wedge The support line isn't the only evidence to suggest we're bullish, we also have our 2nd indicator, the falling wedge. The falling wedge looks like its almost at the finish line, you can see its building up toward a bullish move. 3. RSI Up next, we have the most important thing of all, the oversold RSI at level 19. This chart is on the 4 hour so you can clearly see its been like this for a while, the volume is telling us that its seriously oversold, which never stays there for long, or shouldn't at least. When something is oversold, it quickly retraces back into to its comfort zone, which is at levels 30 to 70. At any moment, you can definitely expect a huge pump going vertically within a short span of time. 4. Risk Management Last but not least, we have our risk/reward management analysis tool. Risk management is above all else. We're looking at a 4.47-1 trade, you have to ask yourself, how much can it dip? We're almost touching the bottom at 1000 sats, there's really not much to lose, which is why the odds are in our favour, if you can find trades like that everyday, you'll be a billionaire. In conclusion, I personally think we're going to hold the support, and then climb its way back up over time, whether it reaches the resistance or not its still a good entry regardless, and that's the key of being a good trader, your wins and profits come from good entries, otherwise you're doing it wrong. Thank for your time ladies and gentlemen. Let me know what you guys think in the comments. Feel free to use my posts as an indicator for confirmation, or something you can use as a reference to your trades. Twitter: @cyber_stocks Discord: CyberStocks#9378 Feel free to support me, any help is appreciated. All funds will directly support my personal struggles, and most importantly, my mission of building an online brand :) BTC Donations: 1AuZiofHSqM5gV1ttxUddNovDhEtHgMUgA
Long
by CyberStocks
ENJIN AND THE CORRECTION Talking about Enjin coin i can conclude if the price breakdown the 0.0002539 Then price is likely heading down a bit further as the 5th wave should start developing south approximately between 0.0002050 and 0.0001800 ish areas whats my suggestion ? buying now is possible with a stop below 0.0002539 as we spoke if it broke then we will be confirming the wave 5 this coin has a potential to grow fast this year keep an eye and think to invest wisely .. laddering from 2000 to 1800 ish areas is logic if it break the current bottom at 2539 breaking the key support of 0.0001500 ish areas will be considered a stop loss area as i believe it will dump fast there if broke Good luck
by HiddenTreasureHT
#Enjin $ENJ entering accumulation zone 3350-3750, 10800 by JuneI believe there will be plenty of time to accumulate ENJ in the 3350 to 3750 range. There are few real-world applications for cryptocurrency and blockchain outside of Bitcoin that will have any value, Enjincoin is well targeted at one of those applications. Digital collectibles within the gaming industry is already a multibillion-dollar industry with exponential growth. A system which provides liquidity cross-platform and between games will become a multi-billion dollar protocol. This is likely the only thing that ETH will provide real utility for is in the support of such tokens that can be linked to digital collectibles. Following consolidation which could go on for weeks, I expect ENJBTC to see a steady rise followed by another huge FOMO driven pump to 10800 Sat. The partnership between Samsung and Enjin Coin was confirmed at the Samsung summit in Barcelona. The partnership produced the gaming wallet on the Samsung S10 mobile phone. Great opportunities in blockchain tech and digital scarcity include: Ravencoin (RVN) Enjin Coin ( ENJ ) Basic Attention Token (BAT) Binance Coin (BNB) Bancor ( BNT ) Bitcoin ( BTC ) And to a lesser extent Etherium (ETH) because it will likely be a platform to secure digital collectible protocols like ENJ and utility tokens. Though I believe it is likely already valued appropriately where it now stands.
by blloyd
2
ENJIN Samsung Wallet + Galaxy Store, Unity, NRG Sports, EfinityENJIN Partnerships w/ Samsung Wallet + Galaxy Store/Universe, Unity, NRG Sports, Efinity Everyone has now heard about the Samsung partnership. For the newcomers, there is much MUCH more going on to be excited about. Enjin is a 10 year old company with a great reputation and existing community in the gaming space. They set out to build a platform that will power the future of gaming and are in the process of following through on their vision. Over the past year, the (large) team has been working like crazy and has accomplished some amazing things. Check out the links below. DO YOU NEED MORE REASONS TO HODL?!? Samsung Galaxy Store / Game Universe Unity Partnership Wallet: Samsung, In Wallet Trades, Gift Cards, etc Samsung s10 Cryptocurrency Wallet Keystore Integrated with Enjin! - Live example showing wallet & trading. NRG Esports begins partnership with Enjin Coin - will create a custom token with its own branding on it, and will then distribute it to fans of the organization in an attempt to spread awareness and to reward engagement. These tokens will be used for entering raffles and winning prizes, whether it’s visiting an event, receiving gaming hardware, or receiving professional training. NRG already counts EventsDC, Republic of Gamers, Logitech, Twitch, and Amazon Coins among its partners. Competing in titles such as Fortnite, Counter-Strike: Global Offensive, Overwatch, Rocket League, Hearthstone, For Honor, Vainglory, and Smite, NRG is one of the biggest organizations in esports Efinity Partnership - scaling, item transfer. Enjin Blockchain Explorer Enjin Wallet World of Warcraft partnership
Long
by CryptoMIB