ENJBTC trade ideas
ENJ long itA few things stick out to me with this long. Enj broke out of the ascending triangle and then successfully tested it as support. The MACD histogram is swinging to the positive side and macd will be crossing to the positive side. The RSI is holding above 40 which is bullish. If this is wave 5, since wave 3 exended to about the 1.618 FIB, then wave 5 should go to about the 2.168. Which also correlates with the .618 to .65 FIB. Also, I think the ichimuku cloud will push it up as well.
Looking at the ribbon, it also is showing great support with the ascending triangle support.
TP 1: 988
TP 2: 1220
TP 3: 1382-1425
SL: 720
TC Scan for apprenticeshipShort scan of what I look for while trading and some of the flagged trades I'm looking deeper into.
ENJ/BTC - Long- Support bounce off 730 level, going sideways now trying to break 830 resistance
- Bullish divergence on stochastics
- In slight uptrend
- Wait for a break out of this region to long or short because a break in either direction will be significant
Enjin - Rocky Mountain HighGood morning! Charts are looking good for Enjin. It's bags are packed and it's ready to go rocky mountain high. Enjin however has a very difficult ascent from the get go. It's got to get through this heavy resistance area (noted in the red band) in order to climb quickly. This will require a volume push. Hoping with this bit of volume we can gain enough momentum to run up towards that heavy resistance level it ran into during the last major spike. Pack your bags and enjoy the ride!
Again the top of that red band could push the price back down. Could sell Short Term Target @ 850 and catch the retrace. If it breaks through you can always buy on the other side.
Time Frame: Short/Mid Term
T1: 895
T2: 975
T3: 1070
T4: 1150
Current Price: 810
Stop Loss: 745
May your stacks see blue skies and brighter days!
Cheers!
CK
Caution: Always watch BTC movements as it can invalidate alt trades with the snap of a finger. Always remember to use a stop loss to protect you from this situation. Rather than setting sell orders you can use such applications as Trading View or Tab Trader to set alarms that the price action is approaching targets.
Disclaimer: Trade at your own risk. This is not financial advice but rather for educational purposes and technical analysis .
Time to buy in ENJ coin _75% profits_After a fake breakout to the downside, we can expect a very nice uptrend where nice profits can be made up to 75%.
The stoch. RSI is oversold and there is still much room to grow at the RSI.
So buy in and have a nice trade!
PUMP Probability!!!Hi Dears,
Very ready for the PUMP!!!
But remember that nothing in this world is 100%
Good Luck
ENJBTC LONGENJBTC is situating into a falling wedge and has support at 0.718 fib
If they make a Breakout from here the sell targets will be : 785, 840, 895
Otherwise it down to 660-670, which is support and target for the descending triangle (use stop loss in 718 and a buy order at buy soport)
Whether go or not to buy support, Sell target remain unchanged.
ENJBTC - reverse signal on RSIReverse signal on RSI - possible profit calculate with fibonacci levels.
BREAK OUT IS ABOUT TO HAPPEN Every fibo point will be resistance but with strong momentum and ENJ 's pump potential, midterm target might come too soon
ENJ Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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Thanks for visiting.
Daily Bullish Signal #ENJ #ENJBTC (12-10)#ENJ (ENJ/BTC)
Buy : 700-740
Flash Sell : 780
Short Sell : 820
Long Sell : 850-900-950-1000
Stop : 650
Follow me for more signals daily
Ripe for a big move!EnjinCoin (ENTBTC) looks ripe for another nice move upwards.
Price already jumped a staggering 82% on 28 Sept and has been gracefully retracing back to support ever since and is now resting just above the Fib 50% level, which is also a previous support/resistance level AND is just above the daily 20 EMA. That's some pretty good support. Price is narrowing in on the triangle and we're likely to see a breakout of the triangle fairly soon.
Reasons for taking this Trade
Retest of support/resistance level
Daily 20 EMA support
Fib 50% level
Stoch RSI close to switching upwards
Low volatility above should make target easy to reach with good risk to reward
Trade Management
Exchange: Binance
Entry : 780 - 825 sats
SL: 710
TP: 1283
Good luck and trade safe!
(Requested) $ENJ Chart. Cause He FOMO'd!My friend @zafartauqeer is FOMO'd and made an entry on 1100 sats just after the news of Bithumb listing he heard. Right now he is waiting on the sideline looking for dump his bag and so afraid it will go lower.
Actually at this case, I really encourage everyone to not FOMO. Because rather than to see your money burning for nothing, you better buy food with that money. So if you wanted to trade, pick a higher R:R probability before entering the market.
At the current moment i'm looking for 867 sats as nearest support. But RSI level still heading downward so I actually will put an average down on 742 sats, if i was him. At that level i will have a better average entry price. After that i will wait for the alt coin spring or the next news with one month or two, an patiently not making any risk move.
One thing, ENJ has good fundamental and nothing to worry mid-term from now. While waiting, i will put sell orders around 1200 and 1688 sats. That's all i can do.
Trade safe.
