ENJ - Excellent potential in the short and medium term assessment!
Purchase price BUY 0.00001030
Price of purchase BUY 0.00000970
Take Profit: 0.00001100
Take Profit: 0.00001230
Red Medium Time
Take Profit: 0.00001460
Take Profit: 0.00001700
Stop loss: 0.00000950
Recommended trading volume: can reach 5-10% of the size of your deposit.
EN #ENJ 10-25% profit fix
$ENJ / $BTC Great volume displayed over the last 12H
Entering now seems risky as we can expect some retrace to retest what now would be a support if hodl
Waiting for a HL pivot near ~950sats could be a much better entry for a long to 1150sats+
Falling to hodl is an exit.
ENJ/BTC (Enjin Token)
Breaking Out In Daily Timeframe..
Need Some Crispy Volume to Boost.
Indicators Are Turning Bullish..
200-250% Profit Potential In Midterm..
Please Like the Idea For Support & Follow Me For More Interesting Ideas.
So here we can see ENJ forming a BULLISH-FLAG!
We are having resistance on the upper trendline channel.
Once this one breaks although, THEN! We can expect ADA surging to higher levels!
All we need is closing on the Daily Candle above that given resistance here and push with a decent Volume.
Follow for more easy visualizations like that.
Good Luck Trading! :)
We can clearly see the ENJ/USD BULL-FLAG on this chart here.
All we need is to break the upper channel resistance with volume and close above it!
Then we can surge to the next highs.
Follow if you're interested in me spotting more of the easy patterns!
Good luck! :)
Looks like it has found strong support at the 0.786 Fib in the form of a Double Bottom
Needs to close above the 200-Day MA
Targets on the chart
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The information given is never financial advice. Always do your own research.
There is no doubt that Enjin Coin (ENJBTC) entered a bull phase, the last wave increased its value as much as 795%, one of the strongest run so far. We also have the entire cryptocurrency market growing...
Let's take a look at the chart now!
ENJBTC moved down all the way to 0.786 Fib. retracement level, which stopped the drop, and is now starting to show...
These are the 2 Support Zones that Enjin has here.
Small long on the first one, as the conditions on RSI are very oversold +
Stoch RSI is at the very bottom.
But first I want to see some consolidation happening on the support zone.
Not only retests.
This was a deep correction! But that is normal after an extended fifth wave of an Elliott Wave impulse.
A strong support area is near and bullish divergence shows, that the sellers are getting exhausted.
Price will likely turn to the upside soon.
Perfect divergence on RSI 1D chart.
Moving to the buy zone. Safer to wait till we hit 0 fibo
STOP under : 0.00000950
INSURANCE order at : 0.00001001
TARGET zones are on the chart.
P.S. I always keep insurance orders on the lower liquidity levels as a part of my strategy.