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Enjin Coin / Bitcoin

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ENJBTC trade ideas

ENJBTC 1HR - 3HR TFENJBTC pair had a double bottom inside a falling wedge pattern. We have 2 possible entry. On the confirmation of the breakout and on the support zone. If you will enter on the breakout you will have a high SL of 6.7% that makes it quite risky compare to the support with a tight Sl of 2%. MACD showing sign of exhaustion from sellers. CCI and RSI both have divergence. Note: In trading there's no guarantee that you will gain or loss but with proper knowledge you can trade in the market with the highest probability. Always manage your SL and trade safely.
Long
by ManongRico
ENJ - One more rally?Who knew ENJ would fly as much as it did! My last chart of ENJ ended up yielding a whopping 300%, however I played it safe and took profits a bit early at 242%. Regardless, profit is profit and I said if I saw another interesting opportunity with this coin I would post another chart: so here I am. This play is a bit more risky that the previous one, but has the potential for some decent profit. Keep in mind, I do say this is risky because we are still up more than 200% over the past week meaning there could be even more correction. Because of this, I'm encouraging you to use a VERY TIGHT stop loss. I like taking risky trades because you always miss the shots you don't take, and the possibly reward heavily outweighs a minor loss (assuming you set a good stop loss). Anyways, on to the details! Huge news for ENJ in 4 days (March 14th) with the Unity Development SDK release for ENJ hitting the market. This is a huge event that is tapping into the mobile game industry (and Unity games in general) that can bring extreme adaptation to non-technical users. There is so much to talk about, but you can read more about it in my previous chart. Aside from that, we are in a falling wedge pattern which tends to be bullish. I've been expecting ENJ to correct for the past few days as it has reached crazy heights. Right now it looks like it is attempting to break out, if it does I will buy a position and set a very tight stop loss. Otherwise I will wait for it to fall into my buy zone and set a stop loss under the support. I have no specific targets, so I will just make reference to the fib levels and aim for ~5,479 and ~6,398 sats. As always, please don't FOMO and forget to set stop losses. Again, this is more risky than my previous chart and I always advise people to be prepared for the opposite to happen. My Strategy: Break Out Entry: Anything that goes above the resistance. Break Out Stop Loss: About 50-75 sats below the breakout level. Normal Entry: 4,450-4,750 sats Normal Stop Loss: About 50-100 sats below the support level (corresponding to the time frame). Targets: 5,479 sats, 6,389 sats, (possibly more?) *If you are enjoying the charts, please feel free to throw a thumbs up on the chart and follow my account. To get frequent updates, check out my public telegram and discord server below!
Long
by astronautdotgg
ENJBTCWe reach 160% profit target in less than a week, congrats. Right now, its danger to catch a train, the best way to follow this bullish movement is : 1. wait at fibonacci support level at 4000, and do not open buy order if it reach there. Wait for 1 bullish candle, at 4 hour timeframe as bullish confirmation signal. 2. If support at 4000 break down, wait at support 2528 and follow same step at point 1 Note : * I already close my position with +160% profit ** I will update this analysis if we have bullish signal again *** dont forget to click "like" if you agree with this idea Previous analysis :
by AzrulAzir
1
Enjin the real deal? I think soThis is my FA (FOMO Analysis) of this coin, TA aside. I believe this coin is going to become a top 10 coin. With its Samsung partnership, it's one of the few coins that will introduce the world to a practical use of crypto. Not to mention that the Enjin team has released a SDK for mass adoption and development against the Enjin blockchain. At first I thought it might be a big pump and dump, but now I believe I was wrong and the hype is real. Especially with the crazy price action in this bear market. With a total supply of 1,000,000,000 ENJ along with a market cap of only $163,729,438 (as of 3/9/19), it has tremendous room to grow. Take the number 10 coin on coinmarketcap (Tron/TRX), for instance, with a 1.5 billion market cap. ENJ price would climb up to around .66 cents or more (using the 1,000,000,000 total supply value) and would be the tenth ranked coin on coinmarketcap. It would be $1.32 per coin to take the number 5 spot. Anyways, tell me what you think. Is the hype real, or is my FA just a pipe dream?
Long
by jrcastell
Crypto Chart Analysis: BTC, ETH, LTC, XRP, ENJHello dear crypto friends, hope you're doing well guys! ;) Todays summary BTC & ETH: Indecision LTC: Lead Bull XRP: Relative Weakness, Bottom Trendline break will be perfect to short Enjin: Huge break-out, and perfect play due to Technical Analysis Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
by Edgy_
Vroom Vroom, the Enjin has started!Hello dear crypto friends! ENJ/BTC has caught my attention, since we basically 5xed in almost no time, from 1.000 to 5.000 Satoshis. The last beautiful 4H Equilibrium break-out saw more than 60% gains, leading to a nice Bull-flag on the Hourly now: It can still see some upward movement, but be cautious, since most Alt traders are aware now. The first traders who have been on the ride longer, could dump their holdings. While those smaller coins might not be attractive for traders with bigger account sizes for their low liquidity/problem to get out quickly, it might be worthwhile if you're playing smaller Satoshi's. Have a great weekend! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
by Edgy_
1
ENJ/BTC; La zone d'accumulation - Potential profit; 90%/9911%My targets for ENJ/BTC 0.000 00 7188 0.00 00 1739 0.00 00 3768 0.00 00 5792 0.00 00 6821 0.00 00 7188 = 901 % 0.00 0 1739 0.00 0 3768 0.00 0 5792 0.00 0 6821 0.00 0 7188 = 9911% 0.00 1739 0.00 5792 0.00 6821 0.00 7188 Enjin will be listed on QUOINE on 22 of Feb - Singapore time. d32bfp67k1q0s7.cloudfront.net Minecraft Plugin - "Early Q1". Exact date TBD. d32bfp67k1q0s7.cloudfront.net 2 Major partnerships coming up soon! (1 this month, possibly both, no set ETA). d32bfp67k1q0s7.cloudfront.net Enjin will be listed on a big exchange in March. d32bfp67k1q0s7.cloudfront.net CoinMarketCal.com coinmarketcal.com
Long
by AchrafBen
3