ENJBTC trade ideas
How is pumping coins done. Example of working on an ENJ +90-600%ENJ Mechanics of win-win work on coins for pumping. The accumulation channel is 45%. The potential at the exit from the accumulation channel is up to + 600%!
The coin, due to its over greed and aggressive manner of squeezing money out of the crowd by the market maker, goes hundreds of percent from the accumulation zone. Now the coin is in the accumulation phase.
Trading in a horizontal channel in increments of 45%.
All pivot points on which this or that movement depends and the trend is shown on the chart . It is also worth noting that there is no clear number of waves that should be in the accumulation channel. The main thing is complete control and understanding of the work on the coin. Entry / exit to the market depending on the reaction of support / resistance levels.
If you do not control the price, but adapt, there are two options for entry:
1) Entrance at the bottom of the channel with confirmation of support. The potential profit in the channel + 45 %.
2) Entrance during the breakthrough of the channel. The first target + 90%. Then, how does the price react to the level of resistance and whether the fixation wakes above it. If the price continues to rise, then sales should be made at key resistance levels. Potential from +90 -600%.
It is worth noting that in such coins there is often no rollback after a breakout, you yourself can see it on the chart, that's why I wrote - the entrance is at the breakthrough of the resistance of the accumulation channel. But you need to understand that a false breakthrough can occur. But observing the exchange book of orders and the buy / sell ribbon gives a clearer picture or a breakthrough, real or potentially false. This is just an experience.
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In the history of the coin, I showed the cyclica l repetition of the sequence of phases of the instrument.
It can be divided into several phases:
1) Set of coin position.
2) Raising the price and selling at affordable prices.
3) Lower prices for a new set of positions.
How to manage the price of the coin and the entire sequence of work in these 3 phases, I described in great detail in the Russian version of this trading idea. Google translator to help you!
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Be not theoreticians, but practitioners. Only the weight of your deposit matters, not the memorized information about trading from many books.
ENJ/BTCPretty good history of honoring channels for ENJ.. I like the similarity in this current parallel channel compared to the previous. My buy zone is naturally close to the bottom here. Targets close to top. You could add a T1 before backtest of the 55MA if you wanted b/c i believe there will be a retest but this is how i plan on playing this coin.
$ENJ, Crossing above resistance level at ~800 sats $ENJ
Crossing above resistance level at ~800 sats with increasing volume..
UCTS showing buy signals on the 12H and lower TFs
RSI reaching overbought levels aswell
Looking for a potential R/S flip as entry wih targets at ~927 / 1030 sats (15%/30%)
#ENJ
ENJ/BTC (ENJIN) |Symmetrical Triangle Breakout.!!ENJ/BTC (ENJIN)
In Daily TF, ENJBTC Has Almost Broke out the Symmetrical Triangle..
Recently Broke the Ichimoku Cloud Resistance as Well & Volume is Increasing Slowly..
Parabolic SAR is Printing dots under the Candles that Means Uptrend Has Started..
Overall Sentiments are Turning Bullish & I'm Expecting Big Move in Coming Days So Keep Your Eyes on it..!!
First Major Resistance at 796 Sats ..
For Safe Entry, better to Wait for Retest the Main Trend line..
Please, give us your opinion in the comments.!!
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The information given is never financial advice. Always do your own research.
Enjin Coin, swing trade the previous peakThe RSI is centered out. The MACD is bottomed out and triggered the buy signal. The trend is bottomed out. The altcoins will start receiving some rallys very soon. Many altcoins have began to receive a huge influx of volume in the last couple weeks. Sell the halfway point around 6k satoshis. Then hold the bags and try to trade the swing to 12k satoshis. Should be one of the most profitable investments in the cryptocurrency market.
ENJ/BTCKeep it simple!
Green box is where you buy, Orange box is where you take profit. At each profit target I take out 20% of my initial trade.
If ENJ hold the green box range and respects it as support then we can see ENJ test previous resistance levels. However, this coin has a low volume so is possible that ENJ will fall below the green box. Because of this I would have a tight stop below the green box.
It is key to note that the boxes are a range - therefore I ladder into my trades, which gives me a better entry and exit price.
50%+ For Enjin Coin | Breaks Resistance And Will Move HigherEnjin Coin (ENJBTC) completed its retrace after hitting a peak in early September and is now resuming its climb up.
Our first target for this pair was sitting at 0.00000790.
The next target is now at 0.00000960 or 19% away from the current price.
This is just the beginning...
We can see the increasing volume and a break above EMA50.
The RSI is super strong and trading above resistance (image below).
The MACD allows for plenty of growth.
RSI:
Leave a comment if you have any questions.
Namaste.
THIS IS NOT FINANCIAL ADVICE.
ALL THE INFORMATION SHARED HERE AND/OR BY ALAN MASTERS IS FOR LEARNING AND ENTERTAINMENT PURPOSES ONLY.
ENJBTC formed Gartley | Upto 20% expectedPriceline of Enjin Coin / Bictoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000706 to 0.00000669
Sell between: 0.00000735 to 0.00000806
Regards,
Atif Akbar (moon333)