ENJBTC trade ideas
Head & Shoulders possible formationThere seems to be a Head & Shoulder forming.
Confirmation if we see green on the next couple of candles.
BINANCE:ENJBTC
Enjin ENJ forming Head and ShouldersIn days view, head and shoulders formation.
Lets see.
BINANCE:ENJBTC
Scalping ENJ (looking for around 30%)ENJ BINANCE:ENJBTC has had all the hype with the confirmed samsung wallet a few weeks ago. Now I would like to see a run up to 4500 area. Stop at 3100-3200. If this level is broken, i’m not interested in buying back until around 2200.
ENJ/BTC | 12hr | Heiken Ashi candles | 33%-71% profit potential Hey Traders!
Here's what I see for ENJ/BTC pair on the 12hr chart. Lets read the chart from top to bottom.
1. Heikin Ashi Candles: Trend is showing 6 Green bullish candles at the moment.
2. Support/Resistance: Drew 1 strong support line which is obvious. I drew 3 resistance lines that I will use as sell targets.
3. Moving Averages(MA): My Moving averages match Binance. That is 7(yellow), 25(blue), 99(purple). ENJ broke up through the blue MA and now ENJ needs to break the 99(Purple) moving average and we will be moving up big time in profits but bloody Monday is coming and we all know what happens there. I see a slight rejection happening right now for a few days.
4. Volume: Volume is green still and near the Moving Average.
5. Stoch RSI: Over Bought. Simple explanation here. Overbought means the price will go down.
6. MACD: Still looking bullish as the green line is staying above the yellow and the Histogram(Tick marks) are ascending. Everything is still green.
All in all, I think ENJ will move up to those sell target but will have to fight to break through all those previous rejections, 99 MA, & bloody Monday. This is a mid range trade.
As a short term trader, I will take those 2 first targets at 4921(Target 1) and 5645(Target 2) but won't stick around for the last target around 6391. I'm too impatient to hold a position too high.
Thank you.
ENJ getting ready for test of ATHENJ has broken above the falling wedge and is testing supply right now
Has been consolidating under resistance for a little while now and a break could lead to some momentum to the upside
Retest of all-time highs is very possible if BTC continues to range for the rest of the week(s)
Thanks guys!
ENJBTC: Clean breakout and now retestingENJBTC had a clean breakout from 0.0000348 level and now retesting it. We'll looking for signal to buy this level.
TP1: 0.0000393
TP2: 0.000045
If catching falling knives is your thing...ENJ has potential for a nice bounce here, although play at your own risk. Not a fan of falling knives, but it is sitting at a support level and in the right circumstances could set up a powerful bounce. The chance to necc further is pretty strong with current market. Will keep an eye on this one.
30% possible gain for ENJBTCIf BTC remains above $5000 this can play out nicely.
ENJ broke the neckline, trend confirmed. TP1 4300, TP2 4850
ENJ super AltcoinIf you're looking for what's hot in crypto, this coin is the one...
Price action is suggesting that resistances are being broken (yellow zone), and supports are being respected (green zone)
Now all we gotta do is enter on retest of resistance as support and target all the way to range high
- Partial profit taking at mid range level
Enj hourly update I see this as as a fifth wave of our daily wave 3 . Target is around .00004300 , would expect a retrace to a .382 on the daily before blasting through .00004300 resistance for final 5th wave on daily scale ... We will take it day by day
Enjoy the CoffeySo far Enjin has had a good performance with 40% up from the pivot point at 25K sats. ALTHOUGH, of 1 Billion minted coins on the block chain there are only 2.43mil coins left. Currently the 24hr volume is at 54+ mil and the demand keeps increasing. That is pretty impressive. This combined with the current good news released, this coin will fly. And soon. Market rank at 49. Cap at $150 247 868
ENJIN BULLISH !! Enjin looking really bullish here ! Mac D just crossed bullish on the daily timeframe , rsi is rising nicely sitting at a strong 55 not mention it is sitting in the fucking golden pocket ! We also have a 10/20 cross that is either gonna happen today or tomorrow . The last time this same set up happened Enjin ran 650%.
Good luck
ENJ - mid range chartThis chart is based on fractals which were seen in the previous ENJ 5 wave impulse and retrace.
I have never based my chart of fractals before. FYI. This chart has held steady for the last 48 hours.
- mid range chart
ENJBTC going to give another profit opportunityThe price action has retraced between 0.618 to 0.786 fibonacci and almost getting entered in in potential reversal zone.
From here it will take the bullish divergence soon insha Allah.
The targets are:
Buy between: 0.00002745 to 0.00001757
Sell between: 0.00003527 to 0.00005863
Regards,
Atif Akbar (moon333)
