Enjin Coin (ENJBTC) just moved past EMA10 on the daily time frame/scale and looks like it can easily move higher.
Trading above EMA10 equals bullish potential.
On the chart we can notice:
A broken downtrend line.
And our targets.
Looking at Enjin Coin longer-term, it has huge potential for growth.
This is just a friendly warning......
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..
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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.
CALL TYPE : #SHORTTERM
BUY AROUND/BTW : 0.00002700 -0.00002820
TARGET 1 : 0.00002970 (10.00%)
TARGET 2 : 0.00003143 (16%)
TARGET 3 : 0.00003566 (32%)
STOPLOSS : 0.00002600
ALL INDICATORS BULLISH. BUY & HOLD FOR FEW DAYS FOR GOOD PROFIT. ATLS WILL SHOW SOME RALLY TOO. #ENJ IS AT BREAKOUT
#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.
1d chart - RSI...
Enjin has a profitable gap between now and 730 - almost with zero resistance in between. That may bring 15-21% profit. Near breakout now, but overbought at lower timeframes, so either jump on the leaving train with small amount, or wait for pullback.
Bullish entry 625-628
Pullback zone 610-620
Main target ...
Since Oct 2017 the priceline of Enjin Coin cryptocurrency is moving wihing an up channel and now price action is hitting at support of channel and since 2017 no breakdown of this support ever seen.
The MACD is turning bullish.
Stochastic is in oversold zone.
The sell volume is decreased.
I have taken Fibonacci retracement from resistance of the up channel upto the...
ENJ/BTC has one of my favorite setups here.
Retraced the bubble pump from the Samsung hype news fully.
Momentum is shifting, selling exhaustion is becoming apparent.
Fundamentally solid project as well.
Agressive entries in this 870-800 area (smaller position size, with stop loss below 700).
Conservative/safer entry on a breakout above the falling wedge pattern...
Title says it all. Clear bullish divergence on daily chart, but I chose the 12hr time frame.
Bitcoin making a move after bouncing from 9800, but this alt trade should work out in the mid to long range.
ENJ continues to drop like almost all other alts
We do see some descending price + rising OBV, which could see a move higher in the coming days/weeks especially with BTC dominance looking like it wants to pullback
Targets on this coin could return substantial amounts of $$$ at the levels it currently sits at but the risk is still there with a break to new lows