ENJBTC trade ideas
ENJ/BTC due for some retracement soon? Enjin coin looks to be nearing the top of the ascending channel and also the top of the larger broadening ascending wedge. It's also at a point of previous support turned resistance. For these reasons i think it could be due for some retracement soon.
I expect a pullback at least to 1500 or lower after recent rallyAs you can see volume isn't really there yet, also no major news was published recently. It seems just like a random pump.
I sold some around 1800 and now the rest a bit over 2000sato. I'll be rebuying around 1500.
Regards,
ENJBTC 70% upside massive breakout(NEW)before we kick start the update. your upvotes/subs are
appreciated.
Why get subbed to to me on Tradingview?
-15+ years real live trading experience
-TOP Author on TradingView
-professional chart break downs
-key levels
-no junk on my charts
-frequent updates
-covering FX/crypto/US stocks
-24/7 uptime so constant updates
So without further due. Keep it short/simple and to the point.
ENJBTC 70% upside massive breakout(NEW)
IMPORTANT: this is a speculative setup, performance
is not guaranteed, so please use a tight stop loss.
and always do your own due dill. thank you.
ENJBTC weekly chart review. massive breakout
of key level detected. 70% upside. TP bulls
is previous mirror S/R level.
This is BUY/HOLD setup. Hold time 2-6 weeks max.
I'm expecting everything to pump into BTC halving.
What happens later remains to be seen, let's focus
on one trade at a time for now.
get subbed to stay tuned for all the latest updates.
also add likes to support my efforts, thank you.
good luck traders!
ENJ/BTC 3D - Edge to Edge activeENJ is now Teeka's list which is great because we have a 190+% setup here for a long term trade.
ENJ has great fundamentals and it would be a great long term hold being The Premier Blockchain Gaming Company!
This one will take time but for 200% gain I am happy to sit tight and wait.
Trade, Chart, Learn, Repeat!
Coach K
@coachkcrypto - CT, TG
ENJ/BTC only buy above this ResistanceHello Traders,
If you are out of ENJ/BTC now it is time to wait the ENJIN test this important resistance level, and if we break we can have a massive uptrend moviment, so we gonna wait to see if the price gonna break this resistance, and we will wait for some bullish accumulation pattern and enter above this resistance, for now we must be pacience.
Please like this post and comment.
You are welcome to follow us on our social networks.
ENJ_BTC bullish movement, possible breakout?Looks like ENJ is in a pretty good channel. Could it break out?
ENJBTC Will Move Down Again (Support and Resistance)Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
ENJ has just hit this resistance zone, which allows for a nice support and resistance trade set-up. Not many exchanges offer short positions for ENJ, so if you're currently holding this is a great moment to sell.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Enjin Coin Strong Uptrend (Higher High Next?)Enjin Coin (ENJBTC) is on a strong uptrend, printing higher highs and higher lows.
Prices are now trading above all major resistance levels in the form of EMAs and gaining upward momentum.
The next target can be seen at 1.618 Fib. extension or the upper-band of this red ascending channel.
This is equivalent to 0.00002057.
Chart Signals
We have higher lows marked on the chart.
High trading volume.
Bullish indicators (MACD above zero and RSI strong).
Prices trading above MA200 and EMA300.
That's all for today.
Namaste.
ENJ/BTC (Bullish daily breakout?: up to over 50% profit)ENJ/BTC
-Potential early daily breakout
-ENJ found support at 50MA
-if the daily candle closes bullish
-we could expect more upside
-upside target is up to 2200 sats
-stoploss just below trendline support
My Fractal Analysis of ENJ/BTCMy Fractal analysis of ENJ/BTC , its, mostly a fractal analysis , the Williams fractal fired off a nice signal on the day chart all conditions are now met, I think its a go, follow bars pattern for possible sell areas.
ENJ Big buy signalLooks great,
comparison of two ascending wedges
Very similar fibonacci spiral situations between the two
Moonshot will hit one of the fib lines targets if it happens
ENJBTCAlert on trendline.... waiting for close above and increased volume confirmation. Watchlist item
Fractal Analysis of ENJ /BTCmy analysis based mostly on fractal patterns and historic support and resistance , targets on red lines
ENJBTC - 1DHello,
I am currently long but being very careful on this trade with tight stop loss should we have any sudden moves in BTC. The next major area I want to see broken and flipped is 1430. If we get a break out above and can flip that level we could see continuation up to the next area which for me is 1630 on the daily.
The next area is 2400-2500 but that would be unlikely to happen anytime soon unless BTC really behaves well (which I doubt).
I believe sitting out could be ideal right now but I can't help seeing some very bullish set ups right now among certain mid to low cap alt coins.
If we get a major move up on BTC I do think alt coins will follow. But I don't think the blood is over yet for this market. A retrace back to at least $5500 on BTC seems likely so remember not to get exposed to alt coins if BTC is looking ready to plunge. One could argue it is ready to plunge right now, but we will just have to see what comes next week in the markets.
ENJ fractal + fundamentals + TA = MOON1) Note January 2018 and March 2019 pumps - are we setting up for another?
2) Note support line that was established October 2019, with accompanying strong volume, indicating market interest
3) Note downwards-trending resistance line was just broken. Wait for a retest of the resistance and accompanying S/R flip (good place to long and/or refill bags)
4) ENJ is a cryptocurrency company that has been around for many, many years and has deep-pockets support from the likes of Microsoft and others.
ENJBTC 4HEnjin; there is the C&H and progressing on the rising wedge. 'h' cup height / -5 stage possible with the possibility of Crab Pattern d's leg. Break a leg!
ENJBTC trade idea (wait for pullback)Im still waiting what will happen to btc on april fool's day but right now enj btc have been bouncing back and fort from its trend lines which I think is a good trade since it is respecting it. I think a good entry is around 1k sats or possible a little higher. trade will be cancelled if it doesnt go down.
