Enjin Coin Has A History Of Growing Beyond 1,000% vs BitcoinEnjin Coin Has A History Of Growing Beyond 1,000% vs Bitcoin
A precedent has already been established. Enjin Coin can grow beyond 1,000% vs Bitcoin, this happened more than once in the past.
From a low point in 2018 to a high point in early 2019, ENJBTC produced a strong bullish wave amounting to 1,300% total growth.
There was a long wick in January 2019 and if we count this wick as the low, total growth for that period goes beyond 4,500%.
Then again in December 2020 ENJBTC hit a low and started to grow. It grew until November 2021 and produced a wave with total growth amounting to 2,171%.
After the November 2021 All-Time High, ENJBTC produced the strongest and longest bearish cycle in its history and a new bottom came up just recently, August 2024. This pair is preparing for a new and massive bullish wave.
Growth potential can go beyond 1,000% and this is shown by past action. Do you think this is do-able? Absolutely, Crypto can do this and more.
Once we hit bottom, the only place left to go is up.
This is one of many Altcoins vs Bitcoin pairs that are trading near support or at new All-Time Low prices. These are the best choices right now for those looking into Crypto for trading purposes.
The risk is low at the bottom and we can easily think and focus on the long-term. Imagine being ready to wait for 8 months but growth starts after just several weeks, this is a great position to be in.
As can be seen from the chart, this is an opportunity that doesn't come often. Being here now, can really make a difference. This type of trading opportunity only shows up once every several years. The last time this opportunity made itself available was in December 2020, almost four years ago.
I read the chart and show you the event before it happens.
My job is to call this to your attention, you can take care of the rest.
If you have any questions, feel free to message me but our strategy is simple; buy and hold focusing on the long-term.
Thank you for reading.
Namaste.
ENJBTC trade ideas
✳️ Enjin Coin Harmonic Pattern Can Lead To 800% — Buy & Hold!We have a beautiful and clear harmonic pattern on the ENJBTC chart.
This pattern by itself can signal an upcoming reversal which can lead to a huge bullish phase since the downtrend lasted more than two years.
➖ From December 2020 through November 2021, ENJBTC grew by more than 2,000%. Almost 2,200% to be exact.
I am sharing these numbers just to show that 825% is possible mid-term, with the long-term final target going off the chart.
We will have to wait and see of course, but this is the bottom of the bearish cycle for this pair; easy buy and hold.
Low risk vs a high potential for reward.
Namaste.
Enjin to 16k Satoshi by August 2022This is a fun chart that I actually made into an NFT on the Enjin chain. The idea is simple. As you can see, ENJ is trapped in a certain zone. The future direction depends on where it breaks off towards. If ENJ breaks above the descending curve, then my prediction is at least 16k Satoshi by August 2022. It could take one of two paths up there. On the other hand, if it fails in the near term and breaks the zone downwards, then it would follow the curve down back into January 2021 levels.
You can view this chart here .
ENJINBTCWhat will happen now? While sharing this chart, the support channel that has been going on since 2017 is seen below in the current weekly view. Will it leave a wick, close above it and continue on its way, or is the end of Enjin coin coming? There is a continuing downward trend with the 200-day moving average and it has not been able to break it. Is the game over or is the game just beginning? It's your decision. I think the game is just starting, I'm not giving up here. It is not investment advice.
✳️ Enjin Coin Hits Bottom | How To Spot A ReversalEnjin Coin is trading at its lowest price in almost three years, we can easily say that it hit bottom. What happens after hitting bottom is a swift recovery and there is high probability that this is exactly what we will see.
While ENJBTC is trading near bottom prices, the RSI has a reading of almost 60, which is really strong. Such a strong reading at the bottom is one of the most accurate signals for a reversal to follow.
There are many signals that can help spot a bottom/potential reversal, such as low bear volume on the last low or even a green close the same day a major low is hit.
Candlestick reading is great for spotting bottoms and trend reversals as well, just as the Renko charting system is used specifically to know the trend. All these are pointing towards bullish potential being strong.
➖ "Potential" because confirmation only comes after the event.
➖ Potential for growth can go beyond 100% in the short-term.
➖ Much more is possible if we consider the bigger picture.
Thank you for reading.
Namaste.
✳️ Enjin Coin Prepares Major Bullish Wave | Give Up Or Trade?Yesterday ENJBTC wicked below its 10-June low but the session closed as a hammer with strong bullish divergence on the MACD and RSI, making this combination a nice reversal signal.
Needless to say since we are coming out of a bear market, recently a major ABC correction, the reversal points to a major bullish wave.
The numbers on this chart are just for the short- and medium term but these pairs that I am sharing now can grow between 2 and 5X... That's really nice considering that these are Bitcoin pairs.
✔️ Out of crisis opportunities develop.
✔️ Will you give up or will you trade?
Namaste.
ENJ/BTC - Enjin Coin: BBand_Breakout Resistance_Breakout◳◱ Hey crypto lovers, we've identified bullish signals on the NYSE:ENJ / CRYPTOCAP:BTC chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.0000126 | 0.00001285 | 0.00001347 and the major support zones are at 0.00001198 | 0.00001161 | 0.00001099. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ General info :
▣ Name: Enjin Coin
▣ Rank: 110
▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Media and Entertainment - Gaming
▣ Overview: Enjin is a Singapore-based technology company that provides services for building gaming communities as well as services for blockchain game developers. Enjin provides a suite of tools based on a web interface that supports Ethereum digital assets in the form of ERC-1155 tokens. Enjin also operates a virtual goods marketplaces for digital assets on Ethereum.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001255 ₿
▣ 24HVol: 5.181 ₿
▣ 24H Chng: 2.033%
▣ 7-Days Chng: 0.11%
▣ 1-Month Chng: -9.75%
▣ 3-Months Chng: -22.14%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0000126 | 0.00001285 | 0.00001347
◢ Support: 0.00001198 | 0.00001161 | 0.00001099
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -3.19
▣ Last 90D: -0.88
▣ Last 1-Y: -0.29
▣ Last 3-Y: 0.76
◲◰ Volatility :
▣ Last 30D: 0.45
▣ Last 90D: 0.73
▣ Last 1-Y: 0.87
▣ Last 3-Y: 1.34
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.79 - V. Bullish
▣ In-depth ENJBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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#ENJBTC - Long - Potential 50.22%Style: SWING TARGETS
Direction: LONG
Market: SPOT
Risk: 0.25% - 1%
Leverage: N/A
EXCHANGE: BINANCE
#BTC_ENJ
TIMEFRAME: 720
ENTRY: 0.00002309
⎿ TP5: 0.00004618
⎿ TP4: 0.000034635
⎿ TP3: 0.000027708
⎿ TP2: 0.000025399
⎿ TP1: 0.0000242445
STOP: 0.00001907
Consolidation break with big volume as BTC looks to be completing rejection from $25k.
Move SL To 0.5% @TP1
✳️ Enjin Coin | New Series (Fast ALTSBTC #1)I will now share with you a series of trade ideas with pairs that are set to move strong against Bitcoin.
The bullish signals already confirmed.
Fast ALTSBTC | Altcoins vs Bitcoin #1
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Altcoin (PAIR): Enjin Coin (ENJBTC)
Trend:
Up
Potential: 100% to 180%
---
Wishing you great profits and success.
This is not financial advice.
Namaste.
ENJBTC - Long Forecast of 40% Gains (It'll Take 2 Months!)ENJ is on the rise with such strength that ENJBTC has now just broken through the descending trend line it's tested on numerous occasions historically. As long as we stay above the level at 1850 we would quite possibly be seeing a long term gain of around 40% up to the 2700 level we've seen the price drift toward previously.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Enjin Coin vs Bitcoin Chart AnalysisThis is the last chart analysis request I received in the comments section and it comes from @vtropiq... Let's see what the chart has to say.
We are looking at Enjin Coin vs Bitcoin as the we already know the drill for the USDT pair, at least here we have a different chart.
The June 2022 low/support remains intact, which is good news.
The bad news is that the volume profile and 9-Nov. rejection does not signal a bottom, there can still be lower prices.
As long as the June 2022 low remains intact (0.00001712), the bulls can jump in at any time but, following the trend, we can expect the low to break even after a bounce if ENJBTC doesn't manage to move and close above MA200 on this timeframe.
Is that a mouthfull?
You tell me, I don't know...
I am just saying that a close above MA200 is needed in the least or else any bounce/upward correnction is just that... But the bottom is surely close.
Namaste.
P.S. The arrow are just potential path projections.
They do not predict expected time duration nor real path.
Enjin Coin Goes Bullish | Bottom Pattern ExplainedWe have this pattern on the Enjin Coin vs Bitcoin (ENJBTC) chart which we saw recently on the Solana (SOLUSDT) and Polygon (MATICBTC) trading pairs.
We have a low 12-May followed by a lower low 13-June.
While the MACD and RSI print higher lows giving us bullish divergence.
Right after the lower low on 13-June we have accelerating growth.
We now see prices moving above EMA50.
On some pairs with the same pattern, such as MATICBTC, we can see prices already above EMA100...
Remember, what one does the rest follows.
Many Altcoins have already produced very strong growth.
More to come...
See the 'Related Trade Ideas' below for more.
Namaste.
Enjin Coin Higher Low Can Lead To 200% GainsWe have a long-term higher low on the ENJBTC (Enjin Coin) chart.
We also have a falling wedge pattern with bullish indicators.
The next price jump can easily hit 70% in gains and up to 200%+ if we reach a new high.
You can find more details on the chart.
The blue dashed line is the stop-loss.
A full candle close below this line negates this analysis.
Thank you for reading.
Namaste.
ENJBTCGeneral Guide:
1.) Anything above price is a resistance, anything below is support.
2.) Proceed with caution when taking a trade based off of this chart.
3.) Make a copy of it to watch it in real-time. Click the share button, then "Make it Mine"
4.) It is very risky to set limit orders, I advise you to set alarms and when it hits, check how it reacts.
5.) Watch the BTC pair closely as price will generally follow that pair.
6.) Definition of Terms:
Bearish/Bullish Order Block (OB) - Price rejects or bounces respectively.
(Monthly/Weekly/Daily) Liquidity - Where retail stop loss orders are.
pm/pw/pd/pr - Previous Month/Week/Daily/Range
VAH/VAL/POC - Value Area High/Low and Point of Control (70% of traded volume in a range)
OTE - Optimal Trade Entry
Rectangles - Liquidity Pools
Diagonals - Probably a Fib Resistance Fan, Pitchfork or Pitch fan
nPOC - Naked Point of Control
Eq - Price Equilibrium
Single Prints - Liquidity Voids
ENJBTC is testing the dynamic resistanceThe price is testing the dynamic resistance on the daily timeframe after the price bounced on the daily support close to 0.786 Fibonacci level.
Right now the market is testing the weekly resistance as new support.
How to approach?
IF the price is going to have a breakout from the daily resistance, we could see a bullish impulse until the next resistance around 0.0006140
A breakout is not enough, you need to have a strategy!
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.