ENJBTC trade ideas
ENJ:BTC Decision TimeDescending triangle bouncing on support of 50% fibs
If Breakdown there is possible support at the 61.8% but more likely a dead cat bounce between 1770 and 61.8 fibs.
However, Consolidation at the hypotonus of the Descending Triangle could indicate a break-up which if fulfilled could see 2700 area.
Enjin is soooo HOT right now, DON"T FOMOBINANCE:ENJBTC should take a breather after a move like that...WOW! This is why we trade crypto, but if you missed that blastoff DO NOT FOMO
Let the price come back to your buy orders. Not all orders need to be filled to make successful trades. Patience is so important. Here's four entries I'm looking at for a bounce play...
2091 sats
1824 sats
1555 sats
1359 sats
Will update as this develops, let me know your thoughts and share your ideas!
70% 1D candle on Enjin. WUTCouldn't tweet before about $ENJ but in the last 15 days it performed really good, with todays candle over 70% movement (WUT ).
The UCTS buy signal active since Feb11 when the price broke above the descending channel
Expect a pullback to retest ~1220 support #ENJ Lock profits!
ENJ/BTC harmonic possiblyENJ has kind of just overshot the first retracement for this Gartley to play out but crypto being crypto often over shoots fib targets with there low supply and market caps.
Gonna keep an eye on this thing and see if we trend down the D leg for an entry around 660 or so.
Shooting for the 38-50% retracment off the D leg for 20-25% if targets hit ill be moving stop loss up and letting it go to see if the 618 will get a touch.
Its a lucky dip but will keep an eye on it
Enjin Coin Trade Signal (ENJBTC)(38% PP)I have only one trade for Enjin Coin (ENJBTC) on Trading View; we hit all of our targets. You can see it here:
Today, I am looking at Enjin Coin again, which is available to trade on Binance, and the signals are looking pretty good.
Let's take a quick look for learning and entertainment:
We have a classic retrace where price found support at 0.786 Fib. retracement. MA200, black line, also working as strong support. As soon as these levels were reached, ENJBTC bounced up with strength.
Above average volume on the break of all Moving Average lines / resistance levels (last candle to the right).
The RSI is bullish.
The MACD is showing a bullish crossover as well as hidden bullish divergence.
All these signals are telling me that ENJBTC is about to make a move up. And for this reason, we decide to trade...
Enjin Coin (ENJBTC) Trade Instructions
BUY: Up to 0.00000910
TARGETS:
(1) 0.00001000
(2) 0.00001100
(3) 0.00001260
STOP: Close daily below 0.00000720.
If you have any questions, feel free to use the comments section below.
Remember to hit LIKE to show your support.
Feel free to message me anytime.
Namaste.
#ENJ Enjin accumulation started - 35% profit expected.#BUY #ENJ #SHORT-TERM CALL ONLY
Buy Price: AROUND 750 SAT (INVEST IN PARTS)
Targets: 1000-1200-1500-1700 SAT
Strict Stop-loss: 710 for those who dont want to #hodl in case price goes down. However #ENJ is having some good support around 720-740 range.
Long term investor can ladder this coin till 571 (rock bottom) in case price goes down.
TA :
1d chart - RSI green signal
macd bullish similar to 27th nov. 2018 circle with yeloow color in MACD. Crossover expecting in next 1-2 candles.
TD SEQ. 9 candles done - new candles about to start
836 is fib 61.8 if broken upwards, rally might go fast till our target of 1000 sat at 38.2 sat.
ADX is positive
As per volume bots - accumulation is going on in this coin since last thursday.