I know I've got that chart tatted-up like an inmate, but these trend lines give us a good indication of what kind of support/resistance we're looking at moving forward. The mid-term support line I calculated seems to be holding up despite a good amount of sell pressure, and this incoming squeeze will test it further. With some momentum or a news catalyst I could...
ENJ seems to be bottomed out of the falling wedge, as teh ABCDE correction seems to be done.
It has very strong support lines, and with the upcoming new exchange list on the 9th of April, I think it has good potential to break out of the falling wedge and initiate a bullish flag.
$ENJ looks interesting.
Update
- Stoch looks good.
- RSI Starting to move up.
- Bollinger bands are starting to narrow, ready to pop out.
- MACD is moving up
- New exchange listing tomorrow.
This is not a financial advise, just a Noob doing some TA!
Lets see how it all plays out.
Charted-With-Love
Coinshodler
It caught my eye with the jump this morning but I've been waiting for Enjin to get back in gear for a while now. This could be the start of long run but more likely potential is for a quick gain. I'll be looking into it more extensively but here's my initial assessment.
ENJ + UNITYPARTNERSHIP = TIME TO GET IN
Off of ENJ's twitter feed. "PRESS RELEASE: Enjin and Unity Technologies Advance True Item Ownership Through Asset Store Partnership"
With a 66.80% retracement from it's ATH for the past few months, ENJ posted 35% gains from it's new base support line for WAVE 1. ENJ retraced by 50% retracement from 1748 stats and has...
I know that we are in down trend with BTC (I predicted down trend on BTC), but Enjin coin is for me big quality crypto and when i saw chart I see that we go up.
Buy zone - around 1300
Targets -
1. 1600
2. 1800
3. 2000
I saw a chart by Thewolfofthedesert mentioning an inverted head and shoulders on enjin but have a slight variaton of my own. I do not count the downwards wick on the head because it was a random spike imo.
Thus my personal target would be around the green box between 17xx-18xx because of the length of the head.
His idea was the one who got me started:
Here is Enjin coin. Huge amount of news at the end of the march. I would like to see falling wedge from recent fib rejection and than rise up close to the end of the month.
I think enjin will go up soon with support Triangle Pattern and MACD
Breakout incoming
Buy a fews and hold it
We can two zone Buy order :
(1) 1300 - 1380
(2) 1160 - 1200
Profit target
(1) 1680
(2) 2040
(3) 2420
(4) 2840
(5) 3300
Good luck Everyone
Thanks
With plenty of upcoming news releases in a busy Q2 for ENJ I see a strong rise to 0.0006 following the GDC conference and a potential $1+ valuation by the end of the 2018 crypto bull run.
BUY BUY BUY
ENJ will up with support Hand cup and MACD,RSI trend up very strong
CoinSpot, Qryptos, Cobinhood and CoinRail List Enjin Coin (#ENJ) in today
blog.enjincoin.io
We are thrilled to announce that Enjin Coin and NRG eSports have joined forces to bring gaming cryptocurrency into the hands, hearts and minds of millions of gamers across the world. Read the official...
ENJIN will up with support Triangle Pattern and MACD . Enjin have trend up very strong .
And Enjin was experience stable period .
Now enjin start walk .Then run Then Fly .
Best Project For gaming .
Enjin Coin - Customizable cryptocurrency and virtual goods platform for gaming.
This is only signal for mid-term . I will update when have any change
Buy a few...
Short term signals are very bullish still, look for breakout above downward trend for confirmation. If you look at 1 min graph you will see big spikes in volume/ This is smart money getting in on the way down. Not to mention the big green candles that are appearing with short red ones followed by a big green one again, good sign that it will reverse upwards.
![ENJBTC: ENJ potential breakout [BTFD]](https://s3.tradingview.com/l/LvYFDRjf_mid.png "ENJ potential breakout [BTFD]")
