ENJBTC trade ideas
ENJ / BTC 1 HOUR LOOKING GOOD!enjin:
* Tries to break the resistance line
* Support trendline on the RSI
* MACD moving averages show's higher higs, bullish signal.
* Price on strong support, holding since begin December.
* Volume almost 0.
* The whole big frame structure looks like an big bull pnennant.
Let's see what happen....
ENJBTC forming bullish Gartley | Upto 66% bullish move aheadPriceline of Enjin / Bitcoin cryptocurrency is forming bullish Gartley pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000940 to 0.00000797
Sell between: 0.00001053 to 0.00001324
Regards,
Atif Akbar (moon333)
MODERN VERSION OF THE GOLD RUSHA gold rush is a new discovery of gold—sometimes accompanied by other precious metals and rare-earth minerals—that brings an onrush of miners seeking their fortune.
Times change. History repeats itself, just in different forms.
Eventually blockchain technologies will become part of our daily lives without even realizing it.
In future the wealth of the people will be transformed into digital assets and the ones who are capable of realizing the idea now shall be rewarded.
Further on.
Looking on the 4H time frame.
ENJIN COIN is going as expected in the ascending triangle pattern .
Expecting it to breakout in the upcoming days, together with COINBASE:BTCUSD
Crawling above the ichimoku cloud, and having volume increased.
ENJ/BTC possibly forming next LEG UPENJ/BTC after strong fundament formed pattern bullish pennant , which is known for a bullish breakout out of it. I really like how the consolidation confirming BK231 as a support at 1D candles and the volume is moving down to the apex . RSI is ready for a bigger move and MACD + Histo showing first buys at 4H . First 2 sell levels looking very possible if bullish scenerio will happen , but most likely will be selling ENJ between 1700sat and 1900sat . Turn on allerts on the trendline and long it if you see confirmation on a smaller Time Frames or gaining strong volume . Don't FOMO , buy before it :)
LONG - ENJ - Trading OpportunitySupport holding after the recent pump and looking like it will be retesting previous highs.
Entry: 0.00001097
Target 1: 0.00001221
Target 2: 0.00001336
Target 3: 0.00001451
SL: 0.00001034
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