ENJ IS ABOUT TO MOONSHOTEnj is one of the best looking altcoins. Just buy it. We had 124 days of accumulation. A big pump in december, retraced all the way back to the top of the accumulation zone. Regained the monthly support. I expect big things next month. Target is the black monthly level at the top.
ENJBTC trade ideas
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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Enjin about to explode in 2-3 weeks (check the past)We saw a new golden cross (daily chart) between ENJ/BTC.
(Few days before golden cross between ENJ/USDT).
When we look the past, we can see a big explosion just after the Golden Cross.
The MACD is also in the same situation. So we could expect a big pump in few days / few weeks.
enjin about to moonvery simple analysis based on previous movement, which ironically took place exactly a year ago
just another type of scenario; follow golden cross, buy in when price touches ma200 and... boom.. hopefully!
action may begin around early/mid february
it s gonna be huge fun if it works out
please note that this is not an investment advice, and always do your own research before investing
LONG - ENJ - Trading OpportunityBounce of the MA200 on the daily chart, along with a very nice hidden bullish divergence, take this trade with a small position size, as the stop loss is quite far away.
Entry: 0.00000935
Target 1: 0.00001264
Target 2: 0.00001466
Target 3: 0.00001692
SL: 0.00000819
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