ENJ - Falling WedgeENJ/BTC is looking like a great swing trade on this falling wedge. I will be accumulating slightly above the support level and holding for a breakout as it is getting close to the end of the wedge. The 1H indicators look pretty bullish and the 4H is pretty neutral.
Entries: 4,000-4,260 sats
Stop Loss: 3,900 sats
Targets: 4,350 - 4,600 - 4,950 - 5,200
ENJBTC trade ideas
ENJIN COIN SATOSHI ANALYSE My analyse and guide on following enjin for the upcoming period of time.
ENJ is one of my favourite cryptocurrencies and I believe we can continue up for sometime as long as BITCOIN remains strong and above 57k.
A sudden strong drop of BITCOIN would invalidate the analyse and a break of the support + last point would also change the bias of this pair.
ENJBTC - Long - Potential 19.02%ENJBTC - Long - Potential 19.02%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Targets:
1) 0.00003778
Take-Profit Targets:
1) 0.00003918
2) 0.00004497
Stop Targets:
1) 0.00003414
Trailing Configuration:
Entry: Percentage (1.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
Breakout + Retest Confirmed!More than a month ago, ENJBTC broke out of a long bearish trend on the weekly chart.
Today i can finally say, ENJBTC had a successful retest with a higher high.
Moreover, ENJBTC also broke through the 100 MA to the upside.
If all goes according to plan, the next major resistance lies around 2500 sats. If we break that, the total price target is around ATH.
Ultimately, I doubt this will actually play out, but who knows...
You gotta believe!
Enjin Coin (ENJ) Long-Term Chart (460%+ To ATH)Here we have the Enjin Coin (ENJBTC) long-term chart, based on the weekly timeframe.
We can see very strong bullish action taking place right now.
From the current price to the peak hit back in January 2018 we have over 200% of potential profits...
From the current price to ATH, we have over 460% potential for profits...
I am mentioning these because I new cycle/trend is taking form here... ENJBTC is set to grow long term.
Namaste.
ENJ great oportunity here, bought a bagThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin and also leave a comment or like, i really appreciate it because then my work makes sense :) thanks!
Support and Resistance on ENJHi Folks.
First time I've published an idea ... been tracking this chart for a while.
Given upcoming news about to drop, we could soon break through 1675 sats. After that I am looking for some resistance at 2240 sats (or around about 1.10 USD). But if ENJ really is providing a scaling solution on Ethereum... who knows where this could go?!
Not financial advice. Thoughts, suggestions welcome.
💡Don't miss the great buy opportunity in ENJBTC @enjinTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000860).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.00001370
TP2= @ 0.00001620
TP3= @ 0.00001970
TP4= @ 0.00002290
TP5= @ 0.00002560
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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💡Don't miss the great buy opportunity in ENJBTC @enjinTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000860).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.00001370
TP2= @ 0.00001620
TP3= @ 0.00001970
TP4= @ 0.00002290
TP5= @ 0.00002560
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ENJYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
ENJ Enjin Coin Binance 20 days to Double BubbleEnjin looks to be forming a typical W pattern. Target is from the base of the W to the neckline (middle of the W)
We measure this distance and then project it from the top of the right hand side W to give out target area
2254. Give or take 50 satoshi.
With Binance promoting Enjin in March, NFTs. It should hit above target.
Obviously, not financial advice, just for fun.
ENJBTC wants the moon again! 🦐ENJBTC created a falling wedge and now the price having a breakout! If the price flip the Daily resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ENJIN COIN - LONG POSITION ENJIN FOUND SOME SUPPORT HERE AT 950 AFTER A BREAK OUT OF THE DECENDING CHANNEL ITS BEEN IN SINCE MAY 2020 , CURRENTLY BACK INSIDE THE TOP OF THE CHANNEL .
I EXPECT TO SEE A DIP DOWN TO THE ORANGE ZONE U SEE ON THE CHART BEFORE A MOVE UP AND OUT OF THE CHANNEL TO THE TARGETS GIVEN .
PLEASE LIKE THATS ALL I ASK IN RETURN AND OR COMMENT CONSTRUCTIVLY . MY GRATITUDE AND APPRECIATION FOR STOPPING BY