1. Enjin Coin it's an Ethereum-based cryptocurrency used to directly back the value of the next generation blockchain assets.
2. The proyect started on end of 2017 and was becoming one of the crytocurrency outstanding of the investments.
3. That cryptocurrency it's a pioneering what enghusiastic it's might to develop games, Dapps, smart contracts and projects made...
Double bottom pattern hunting. Dive in for a few percents profit in one day!!
Margin trading: You could trade this on Binance Margin for more profit. Go long here for the target of 1400. Exit trade in case the purple support line is lost.
Spot trading: You could set up entries on both purple and red trend lines with the SL in daily close below the red...
EngineeringRobo and I are fully bearish about ENJ at the moment.
If you are holding ENJ at the moment, it would be advisable to sell now and buy again with EngineeringRobo buy signals or buy at the support level (0.115).
If buying with EngineeringRobo buy signals, be sure to watch for EngineeringRobo sell signals!
If you are interested in using EngineeringRobo, DM me!
================ BINANCE:ENJ/BTC ================
ENJ/BTC in downtrend
but u can see it potential to long.this have 2 ways
1. maybe will down to 1371 sat and will up to 2000 sat
2. up from now to 2000 sat
Trading Involves High Risk
this is Not Financial Advice
Please use Risk...
#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.
Moon, buy2 and green robo signal signal . Here is my analysis:
2. We can buy at support = 0.2usdt
3. We can buy when resistance turns to support (1D open & close above 0.22usdt) = 0.22usdt
We can use sell2, sell1 or hell signal for sell decisions. Otherwise, we can also sell at resistance depending when you buy.
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
I have 4 positive signals
If you hold this coin wait EngineeringRobo ' s sell signal or you can sell at the resistance line( $ 0,2132)
ıf you want to buy it wait for turning resistance line to support line then you can buy it around $ 0,21- 0,22 and watch carefully EngineeringRobo' s signals.
If you want to use EngineeringRobo please dm me.
The candles are stuck in between the support line (0.15313) and the resistance line(0.21398). In my analysis shows the candles go down now, so before you buy, you should wait at the support line.
when you buy in at the support line if you sell it at the resistance line. your profit will be about 40%.
I think it is a good profit, so good luck:)
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...
ENJ/BTC and ENJ/ETH
Both forming H&S patterns
Could a hidden truth be possibly found within these pairs structure, regarding ethereums decoupling from bitcoin?
Comment below if you spot anything or if im just an ETH fanboy
A chart for the USD pair
I recently added more of this coin!