ENJPERP trade ideas
ENJUSDT LONG - THE XVG OF 2020Hey everyone,
looking forward for a mega run of ENJUSDT as massive bullish pennant is on the break here.
Massive Risk-Reward-Ratio ( RRR ) with a nice confluence with Point-of-Control ( POC ). Arguably the Fibonacci impulses don't look amazing but the basic TA pattern really trumps everything else here
Buckle up and hold on :)
Take care,
Vlad The Crypto Trader
ENJUSD Possible breakout Take from this what you want to.
TP 1 .143ish
TP2 .1.49ish
Seems to have a confirmed break out of trend lines
Looks like a good short term play. Long term breakout happened 3rd week in Jan so possible 1week+ play.
Over all looks strong in my opinion.
Let me know your thoughts or questions or dm me!
not advice just an idea.... I am some random dude on the internet...
ENJUSDT: First Contact of 200D 1.25 Stdev Upper Band in Months*Not financial advice*
I had tweeted out about this setup weeks ago after $ENJ had finally dumped sufficiently following hype from Microsoft's announcement of their pilot with Enjin for "Azure Heroes" NFTs. twitter.com
These long term bands are finally compressed quite tightly (relative to the massive expansion for Samsung's announcement last Spring), likely signaling a very volatile event in the mid term. In addition to this compression, ENJ/USD has steadily come closer to the 200D mean, and like in last Spring, maintained a very close distance to this MA for some time (these last few months) before exploding upwards. A pump through the upper 200D bollinger band at 1.25 standard deviations, a very reliable price pivot area, would likely result in a multi-week (and very volatile) rally. And somehow, this price even lines up as the entire vertical range's point of control (POC), likely a result of intense accumulation at this price for the two other cycles.
Be sure to do your own research into Enjin, because this has proven to be a very interesting project over the years.
I will attempt to update this post with targets as this unfolds, but activity like this isn't really too easy to plan for. Good luck!
ENJ - BULL FLAG TRAPPED IN SIDEWAYS CHANNEL - CryptoManiac101ENJ / USD TA
Here we are looking at a bull flag that got trapped in sideways channel.
Is this a BUY or SELL?
Short term entry here is higher risk VS if we wait for it to clear local resistance.
In long term it's a BUY as seen from chart below. We see it bottomed out and bounced off long term established support.
ENJ the next big boy in crypto #gemhunt 200% profit potentialhey guys welcome for another gemhunt in altcoins, now as you know previously we picked some of the best altcoins for you which gave huge huge profits in just some time, our first pick was Matic and second one was One we took great entry and exit points in both of this coins, next coin i want to add in my list is ENJ or Enjin, which is something definitely looks damn bullish and strongly holding support levels even against Bitcoin's price volatility.
now in the upper chart which is 3day candle chart, the first thing you see is the red support line which bulls strongly hold upto 6 months, this is the major line between bulls and bears, if prices goes below this than its really difficult to say where drop will hold the support
next is the green line the major short term support level we need to hold for the next rally any daily close below this will lead the drop towards the red line, so that's a good place to set your stops, right now this short term support is sitting around 0.075-0.077$ level
the horizontal white lines are small resistances where you need to take profits and cut your position, and the pink zone you see will be the first major resistance and after that the red zone is more likely the place where you expect a reversal, incase if prices breaks the red zone than 0.025$ could be the last extended stop for the rally.
at the bottom as you see 3 day RSI is clearly making a higher lows with prices forming lower lows formation, indicting for a strong bullish divergence.
here's the weekly view of ENJ, now the very first thing are the moving averages which you see in chart, clearly we made a successful weekly close above 55 and 21 wema which is a strong indication of a rally, plus bulls are strongly protecting 21 wema which is right now sitting around 0.075$, another major factor is my custom indicator which has just left the green and blue zone and strongly moving in the yellow zone, so clearly no sign of weak momentum, next thing to notice is the upper trend line you see connecting tops which is the key level we need to break to keep moving higher.
here's the daily chart which looks damn beautiful, notice that how perfectly prices hold the golden ratio fib618 level for almost 6 months, even when bitcoin is highly volatile ENJ keeps hold its position, and my custom indicator is showing that we've now moved in the red zone which is a strong signal of keep moving higher and making higher highs and keep breaking resistances.
alright, that's all for now guys, do hit like and follow us so that we keep bringing awesome new trading ideas for you so you guys keep cashing out with profits
like we already making with our premium family members;)
for any further queries check my profile or follow me on twitter
this is husain zabir signing out
thankyou...
SCREAMING BUY: BUY ENJ up to $0.10Hey Friends!
The Enjin ( ENJ ) Chart Looks Oversold, and It's Still a Buy Up to $0.10...
We talked a lot about Enjin, we've talked about that over the last year in my VIP group...
I wanted to point out to you and this chart is going to look scary...
So you'll notice we are at least at a one-year low for our Enjin Coin...
Enjin is in the development stage...
I've got great news, everything's been wonderful for it, everything works...
But all of the developments that I said are going to shape up through 2019, we've been just quietly watching them come and shape up...
So if you haven't bought Enjin, if you look at it on the price chart, it's very tempting...
If you look at it on the portfolio price, it's almost doubled...
So I'm not predicting when it will happen with Enjin, but you can see when Enjin moves, it moves faster than most traders can respond to...
So what that means is, yes, Enjin has been selling off...
It is still developing everything it said it was going to...
If you're waiting for it to drop against the dollar to buy, I would recommend against that because looking at this chart, you can see it's a screaming buy in here...
I think it's worthy of some patience, might take a few months to turn around, but it's worthy of some patience!!!
Stay ahead of the masses,
Seth Maniscalco
Founder, Crypto Wealth Coach LLC
Owner, Modern Wealth Management LP
www.CryptoWealthCoach.com
ENJUSDIt is ENJ showing good flow.
Between 0.0232010 and 0.0718536 are long-term investment areas with their current locations.
The pair has tumbled along the bullish trend line and the 0.0514915 point and is rising along the upward trend line.
I think ENJ's most important thing is to cross the downtrend line.
At the current price, the downward trend line is near the 0.1362548 point.
If it is not a long-term investment, we recommend buying on the upward trend above the 0.0718536 point.
ENJUSD: Possible Bullish extensionEnjin is currently on a 20 day uptrend with the RSI on 1D hitting 60.00. The same sequence has been spotted two more times in the last 12 months. Both bullish legs hit the 1D MA200 on their peak. This time ENJUSD has potential to break even higher but I want to take one step at a time. The expected peak this time is around 0.12000.
Enjin coin analysis on binance #bitcoinIt seems a bit late to buy but worth watching it.
I liked the volumes and break the downtrend line.
Enj was down for 3months+ 3months consolidation.
The news was Samsung uses enj wallet for their Galaxy phone wallet 6month ago which is huge news for like enj coin because noone was expecting it.
My strategy would be buy slowly. stop-loss when it goes back to downtrend line.
for short term it isn't good enough but for longterm view it is best time to seek for entry.
JOIN leverage trading site to maximize your profit.
70$ free giveaway after first deposit. 3times withdrawal a day available.
BTCUSD,ETHUSD,EOSUSD,XRPUSD pairing available
bit.ly
JOIN sportbet with btc/bch with 100% bonus.
bit.ly