Enjinusdtlong
🕹️ ENJIN = Great coin, time to buy some 🍊This is a great project that I had been waiting for weeks to find an opportunity to buy some.
Cryptos are dropping and as you can see from my previous ideas I am short on Ethereum and Bitcoin, BCH and others at this moment which has been creating a 'new budget' to buy into more coins I like.
ENJIN has been 'approved' and being used by Microsoft , Labs group , Samsung and others.. probably many will follow
Enjin Network is a social gaming platform where users can create websites, chat, and host virtual item stores. The network has played a great role in interconnecting users, especially in the current social distancing climate.
Oh, i forgot to mention that Enjin has Received Regulatory Approval in Japan 🎎
Technically: Finally on support= Time for me to BUY
ENJIN Long IdeaA few rising wedges have formed, along with a falling wedge that led to a large break to the upside of the major rising wedge
looking for a breakdown of this current price structure into a H&S pattern to the bottom of the wedge, this is the best opportunity for long.
Its also a good opportunity to go long at the middle of the wedge trend, i have listed this point.
Forming a H&S on the BTC pair so it seems appropriate to form a H&S pattern on the USD pair
I am long this project
My eyes are on ENJIN CoinToday I have analyzed altcoins which can give us some small relief but at the same time have the highest probabilities of delivering the outcome of what we want to see. I have chosen the Enjin Coin $ENJ
- Crossing on daily 100,150,200 DMAs
- Daily above previous VWAPs close from Aug-Dec 19'
- Retraced the previous rally down to 79% and found support on 62% of the last swing high
The plan is to start expansion/rally to our targets as soon as possible, otherwise, we will visit the second support at 875-920 satoshi, so I am expecting daily close above 1068 and this level should hold and act as a support. Then I would expect a rally from this level to meet our targets.
If the daily will not close and hold above 1068 level, then I will leave this idea and I will be watching second support at 875-920 satoshis.
Others altcoins what I have found did not have fulfil my criterias. I am still very cautious because of high Bitcoin Dominance (currently above 70%) which can ruin any good/strong setup in altcoins. So do not be greedy in your targets and if there will be seen any weakness in your setups in altcoins do not be afraid to cut it as soon as possible.
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I do a daily observation of major currencies in forex and crypto. Do not miss any move, high-valued analysis or educational content.
Free Telegram: t.me
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I've been analyzing for some time which exchange/broker is best for trading all-assets (crypto, forex, gold ,..).
PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC ).
go.primexbt.com
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ENJUSDT forming bullish gartley pattern | Upto 62% expectedPriceline of Enjin / US Dollar cryptocurrency is forming bullish Gartley pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.07010 to 0.05988
Sell between: 0.07815 to 0.09754
Regards,
Atif Akbar (moon333)
ENJUSDT formed bullish Shark | Upto 32% move7 minutes ago
Priceline of Enjin Coin / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.05601 to 0.05227
Sell between: 0.06044 to 0.06903
Regards,
Atif Akbar (moon333)
ENJUSDT formed bullish BAT | Upto 13.5% bullish movePriceline of Enjin Coin / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.09323 to 0.09144
Sell between: 0.09750 to 0.10389
Regards,
Atif Akbar (moon333)