Hello and welcome traders to another trade idea with CRYPTO_BAHADOR!
ENJ Uptrend will soon take over.
Small time frame support will act like wedge.
Buy Zone: 1400 - 1520
Sell at: 1750 - 1900 - 2050
#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.
It’s been a busy year for Enjin.
-->It officially launched the Enjin Platform, a blockchain PaaS (Platform as a Service) that allows developers to create and manage blockchain games without knowing any blockchain code.
-->It kicked off its Multiverse program. This gives game developers everything they need to incorporate their games into the Enjin platform,...
enjin very bullish for the past few months continuing to make new all time highs. continued upward movement still supported by a moon and now a recent buy3
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Enjin is forming an bullish accumulation and is indicating that possibly it will continue its upward movement soon. Would be a good coin to buy if it close candles above the triagle.
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To make it as simple as possible, after breaking first major resistance line we formed second one lately. so i guess if we close this week candle above second major resistance line, we can see positive price action. ENJ looking promissing! GL
X Force Global Analysis:
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In this analysis, we look at Enjin Coin's (ENJ) 2 day chart, identifying key trend lines and areas of support.
- ENJ has been creating higher lows and higher highs, until recently it has had a corrective trend
- Prices bounced on...
ENJIN clears 0.21 cents and this major resistance zone, this is a VERY GOOD sign. As long as it stays over on the weekly, this looks primed to make a parabolic move. The chart looks very similar to LINK and LEND. Simply put I’m expecting ATHs for ENJ and a major move up over the coming weeks / months. Patience
There is a chance that 100 daily MA is now acting as support. It could take a couple days to confirm a clear bounce. It is also possible to see a drop to 200 MA. Might be ideal to wait and confirm 100 MA.
The price of ENJ has mostly been going sideways since may. RSI and Stoch RSI might be signaling reversal. If price can stay above purple line it's possible that will act as a higher low.
Substantial retracement here definitely ideal to stay above 0.236 Fib level.
The last rally...