Enjin Coin-ENJBTC-
You should check if you can get support on the medium-term uptrend line.
If the price falls below this uptrend line, it is likely to touch 20MA and 0.00000879.
-ENJUSDT-
Ichimoku is challenging the baseline.
If it doesn't, it's possible to touch the 0.0717012 and 50MA.
If the breakthrough succeeds, we expect to rise to challenge the 0.0900300 point.
If we can settle above 0.0900300 and gain support, we expect a big upside.
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Everyone wants to make a lot of money while trading.
It is important to select when to fall out and when to enter.
ENJBTC trade ideas
BITCOIN BTC/ENJ/ ENJIN D1 TFAfter nearly 4 months of consolidation we have noticed very nice spikes of volume that pushed the price considerably.
The price has tested the failing trend line which is the major resistance for now.
It was rejected at the moment but the very good news is that the price remains above the 200MA which is a bullish sign.
We will probably see another test of this area in shor of time.
ENJ 1H: Tokenize Me*This is not financial advice. Do your own research.*
In the matter of a few days, companies showing public interest in NFTs has grown wildly. Microsoft announced Azure Heroes, which actually uses the Enjin blockchain, Nike announced ERC-721 use for tokenizing their sneakers, Binance announced NFT collectibles for the holidays (using 1115, possibly Enjin in the interim until their planned move to BEP7), and a few less notable companies.
Microsoft caused the huge pump on this chart, but I'm inclined to believe that it's not over.
OBV is at ATH.
Above observations are self-explanatory. Good luck!
ENJBTCENJBTC update
Entonnoir : W/D/H4 (swing)
Le weekly est en tendance haussière et donc sur un biais bullish. Le daily est également en tendance haussière mais celle-ci est déjà vieille avec 3 impulsions (découpage jaune). Les plus téméraires pourraient jouer le rebond sur la zone de S/R et le support psychologique des ~1000 via la prochaine sortie de compression H4 à la hausse. Les plus prudents attendront la prochaine sortie de compression daily à la hausse.
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Funnel : W/D/H4 (swing)
The weekly is in uptrend and therefore giving a bullish bias. The daily is also in uptrend but this trend is already old with 3 impulsions waves. Aggressive traders could trade the throwback on the zone of S/R and psychological level at ~1000. Safest traders would rather wait to go long on the next daily compression breakout.
ENJ/BTC TA Update (Bounce at 200 Day MA?)ENJ/BTC
ENJ went straight into the 200 Day MA, breaking above it and now back to 200 MA retest as support.
It is not easy to say the 200 MA will hold because, during the pump, no support is built around the 200 MA.
We will wait for more price action between this area of support in the coming days.
It is not advised to buy this coin at this price point as it may be just a bounce at 200 MA not trend reversal.
ENJBTC Nearly perfect Bullish Gartley BAT detectedif you look at the 30min chart you can clearly see that ENJBTC has printed a nearly perfect bullish Gartley pattern BAT which suggests a quick raise to 1.618 fib. level.
And this mentioned raise has been confirmed in last 2 hours in my opinion.
entry: 1140 sats
stoploss: X mark of the pattern which is 1097 sats
target: 1400-1430 sats
time limit : 24 hours.
As you can see this is a short-term trade idea. if it won't happen in 24 hours, idea cancels itself.
good luck and thank you for stopping by and reading this article.,
ENJ.BTC now in BTFD mode? Enjin Coin Retrace to ReBuy zones mapQuick plot to map the Support and Resistance zones.
This is an early plot, ASSUMING retrace to start soon.
If it goes higher, or retrace starts, I will post a new plot.
BTFD Mode = Buy The Foog'in Dip Mode
Buying dips is easier said than done, unless one has a map.
This map accounts for current wave, and previous retrace.
Ping = single clean wick exactly to zone and bounce.
1st support coming up fast, aggressive buy entry.
Next support below would be Ideal if it gets a "Ping"
$ENJ lower TF: RSI & MACD divergence, falling wedge at support.if $ENJ doesn't hold here we could see 1080-1050, but I think a 12-15% bounce here is more likely. Looks very similar to $fet's retest of lower TF support and that ended up bouncing 20%+ ...Lower TF: RSI & MACD divergence, falling wedge at support.