ENJBTC trade ideas
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.
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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.
ENJBTC 4H Long - SOS TA Fridays 28/03Change in market structure
61.8 fib held
Waiting for a break and retest of the current 4H resistance level for long opportunities to the daily resistance
I would look to take 25% of my position off at TP's 1 and 2, with the last 50% at final TP.
I'd expect this move to take from 2-5 days depending on how BTC is moving, but ENJ is known to pump quite quickly sometimes so may happen quicker.
Conversely, if price starts to go down, I would be looking for short opportunities once we break the 4H support level.
ENJBTC daily 20% upside (speculative setup) (NEW)before we kick start the update. your upvotes/subs are appreciated.
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So without further due. Keep it short/simple and to the point.
ENJBTC 20% upside (speculative setup) (NEW)
IMPORTANT: this is a speculative setup, performance
is not guaranteed, so please use a tight stop loss.
ENJBTC nice pop today. up 8-10% for the day. up to 20%
upside remains. Higher risk BUY at current levels.
if there's a pullback later, you can reload for
TP near 1600. 20% upside in this trade.
good luck traders!
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ENJBTC is forming Bullish Structure Right Now!As soon as the ENJ/BTC completed the correction structure, an upward impulse reflection occurred. According to Elliott Wave theory, this is a typical SetUp of impulsive structure where a third wave breaks through a rising channel and then use it as a Support. At this moment, ENJ is completing the third wave, so be prepared to make purchases in the fourth wave, on the upper trendline. Take profit zone will be at 1500sats.
ENJ ANYLYSIS besst View from HereHet guys ENJ coin seems very good it seems for MID Term very Good so keep Eyes on it
Enjin Coin BooM! (+40%+ Today) Chart MappedWe have another one to add to the list and that is Enjin Coin (ENJBTC).
This one isn't growing as much as the others but will surely follow.
Right now prices moved above all major EMAs including EMA300 which would be the strongest resistance.
With prices now trading above these levels, the next target can be hit.
We are aiming at 0.00002055 for 70%+.
Conditions for change
If ENJBTC goes down and prices close below MA200 (0.00000939), the above signals become invalid.
Thanks a lot for reading.
Namaste.
