ENJ Short term bullishBreakout in triangle to now forming ascending triangle in smaller time frames. Can give some percent gains. Use SL 3–4% from entry.
ENJBTC trade ideas
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!
Daily engulfingIf daily bar closes like that, we will see an engunlfing bar that is a good sign of bullish reversal.
Thx
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 inverted ideathis is the inverted chart of ENJBTC
head and shoulders forming for a reversal
buy around 1217
sell around 1330
$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.
published new idea for ENJ/BTC , DPATTERN : Impulse
Place : Wave A:4
TOOL : Price Cluster
targets are on the chart
ENJ testing previous accumulation zoneInvalid if it there's a monthly close below the zone
I'm not taking the trade right now
Enjin CoinI will explain about new coins.
It will be explained in the mid to long term.
May not be suitable for short term investments.
-ENJBTC-
The rate starts at 0.00000697 and is rising above 0.00001180.
We are currently challenging 20MA.
Check if you can settle at 0.00001180.
For mid- to long-term investments, we believe that buying below 0.00001180 is a buying segment.
Over 0.00001822, I think it's time to pay more attention to selling.
-ENJUSDT-
It is rising while supporting the 0.0497300 point.
We are currently challenging 50MA and 100MA.
Due to the large rise, it is not easy to buy in the mid / long term.
When you settle at 0.0900300 and rise again, you can buy with a small investment.
Above 0.0900300, the quantity should increase while increasing the turnover of funds.
Above 0.1361669, you have to pay more attention to selling for profit.
Crypto is not Dead for now and mega pump always a possiblityAs usual, normal retail people and mom and pops will be left raging quit when they buy high and sell low, for not being able to be patient with a market as manipulated as crypto.
Remember, its all about psychology, its all about the game. This is not idealogical or philosophical. People can spend hours trolling on twitter debating about the merit or virtue of this blockchain versus that, or this coin versus that, IT DOESN"T MATTER.
Financial markets move in certain way, and what matters are how the psychology of the people involved. Anyone who are bashing cryptocurrencies but at the same time support one crypto currencies don't understand how this market works and are focus more on idealogy versus making money/preserving wealth.
It doesn't matter, Bitcoin is just as manipulated as some other shitcoins.
Pump will happens very fast and often left people for good, and then accumulation will be boring and tedious and most people will rage quit at bottom.
We have seen this over and over again. I have been trading global stocks, penny stocks and crypto and I have seen the exact same psychology. Nothing much different.
With the exceptions that Crypto is very nascent and have lots of potential to grow and be new asset class, at the cost of all this kind of manipulations.
Remember, people who sells you something, they don't make money in market, people who make money in the market don't have time to do courses or youtube livestream to people, because it is too much hassle to deal with people and trolls and haters.
And that's why I don't really care about all these people in tradingview, this place is trash. And I don't have time to read any comments or response to any people here.
I will be here to keep trolling to people who don't understand how this market works.
If you don't get it, I don't care.
Regards.
$ENJ, Got volume influx over the last 2 days & did an over 80%..$ENJ
Got volume influx over the last 2 days & did an over 80% upside movement
(Microsoft partnership announcement)
Currently sitting over resistance at ~1200 sats (no flip yet)
If happens, then aiming for ~1700sats (Tight SL just in case)
1,2,3,4D showing UCTS buy signals
#ENJ
