ENJUSDT
ENJIN NFT coin will grow after bouncing from 61% fib levelENJIN NFT coin is in the potential state to grow high up. It will grow after bouncing from 61% fib level and initially hit 161% fib level as 3X growth target. we will update further about trade with time to time.
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ENJUSD D2: +300% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)(NWhy get subbed to me on Tradingview?
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ENJUSD D2: +300% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTION!
🔸 Summary and potential trade setup
::: ENJUSD D2/candle chart review
::: corrective cycle in progress no
::: spec C&H setup in progress / buy low
::: same structure MAY repeat soon
::: setup still valid as of RIGHT NOW
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: currently/soon CORRECTION MODE
::: BUY LOW after 30% correction
::: entry - late Nov 2021
::: for now PULLBACK/CORRECTION MODE
::: on the right same a/b/c/d/e fractal
::: 2017/2018 fractal from the past
::: resulted in 300% gains off the ow
::: re-test of range lows is likely
::: point d is BEAR TRAP (fake breakdown)
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +300% gains
::: details: see chart
::: FINAL TP is +300% gains
::: recommended strategy: BUY/HOLD after correction
::: TP BULLS +300% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/300% gains
::: Sentiment short-term: CORRECTION/MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ENJ to the multiverse and beyond$ENG/USDT have managed to hold the fib channel 50% line after testing it for several times. Thus this behavior doesn't show strength, but the fact that the correction held the 50% and not reaching the 38.2% is a good indication. Initial target insight is 7$ per coin, and if the market had a super cycle, we can go up to 40$ per $ENJ.
Good Luck.
ENJ - Future Projection SeriesDuring the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me.
At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that.
Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle.
Additional note for ENJ: In the cycle, the preceding "mid-high"and following "mid Low" tells me that the following high will be proportionately higher and so I adjusted the parallel channel so the mid channel aligns with the preceding and following arcs.
The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series.
The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7.
Conclusion; At the time I drew this one the price was $2.55
First Projection $24.80
24.80 / 2.55 = 9.7 X
Second Projection $46.28
46.28 / 2.55 = 18.1 X
Now for a regular old fellow such as myself, a 9 to 18 X on my money within the next few months is a good investment. It literally involves 2 trades. Timing is not a great big deal as long as you get in near 2.55 otherwise the X factors changes a lot. Timing to get out is the top of the curve. This is a day time factor. It’ll be “at the top” for days or a week. You’re not chasing a pump or a knife here, its a month(s) trade. Or a parabolic week so watch close.
I’ve done this for a lot of coins now and the results are sometimes very interesting in that, a popular coin just doesn’t have the numbers or that it really has good numbers. I found as an average I like results in the 5 or above range for the first projection and 15 or above for the second projection. If I utilize this investment concept and choose coins with similar numbers I can reasonably expect a 10-15 X overall. I’ll post a few others I find interesting for this bull run in the coming posts.
My thoughts, not advice Oklah. Cheers
ENJ as crypto gaming token could take off to past $4I'm playing ENJ short term as a quick trade. Grabbed some in the retracement and with this volume activity took already my 1/3 profit. Looking above here to take a second tier profit and final take profit if it gets above 4. I think it can continue higher but I'm being conservative here.
#ENJ ENJIN 1D CHART - NEEDS TO COOL DOWNEnjin is definitely a good project and a great performer but the daily RSI is really high. If it cooled down for a bit and had an RSI reset, it could push to the next leg up.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Enjine to Moon (Becoming Polkadot Parachain)BINANCE:ENJUSDT
As you know Enjine will be integrated into Polkadot Ecosystem by becoming one of its Parachain’s, which should boost the demand and price of the ENJ token big time.
parachains.info
In Terms of Elliott Wave, we finished 4 mayor Primary Impulse Wave moves, and are missing Wave 5 up to the upside to new all time highs. Which should last several weeks or months.
We clear $2.334 USD, a mayor resistance level, next one is about $4 USD. And if we clear that one, we should reach around $6 USD pretty soon. Right now, it is about $2.68 USD.
Mid-term, looks great, both fundamental and technically. Should be an easy doble before year end. With potential to go much higher.
Good Luck to You
₿ ENJUSDT 1D ₿ : 29.Oct.2021 (Update)52% Profit after 2 weeks ... Also, the price has been successful in breaking the static resistance and is still advancing ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 29.Oct.2021
⚠️(DYOR)