ENJ has broken above the falling wedge and is testing supply right now
Has been consolidating under resistance for a little while now and a break could lead to some momentum to the upside
Retest of all-time highs is very possible if BTC continues to range for the rest of the week(s)
$ENJ Looking good.. About to breakout from Falling wedge at support level (2800sats)
UCTS Buy signal on the 6H
Volume looks weak for now
RSI & MACD turning / Stoch moving out from oversold lvls
Crossing EMA50 could act as confirmation!
Targets as ~4100 / ~5000 sats
#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...
I bought this at 0.000010 and sold my initial investment at around 0.00006.
Been accumulating more as we hit this S/R Flip from the first rally.
Don't expect many ALTS to pop off until Btc finds some support and starts moving sideways.
This Coin has GREAT FA alongside, like all of my picks.
Commodity : ENJIN COIN
Trade Type : LONG
Trading Against : BINANCE COIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
ENJ Still making is correction. remember that coin pushed very high and fast. so you should take care about Take % Gains and Stop Loss % in that kind of trades.
always keep in mind that cryptos trading should be a fast invest and fast % gains.
Actually it was supported by his old ATH in March around 2800ish.
if it break down it should be supported by EMA100 at...
$ENJ Recalculating... Potential Falling wedge in play after the drop from BTC pump
Sitting at .618 Fib level & Support at ~3ksats (R/S Flip)
Volume slightly growing
MACD bullish divergence on the 1D & RSI div on the 4h
UCTS showing a buy on the 4h
Hello traders, today we take a look at ENJ/BTC // EnjinCoin
We currently have laid out our Monthly Range.
- Price is currently attempting to break back above our Monthly S/R level.
- I am expecting a bull trap down towards the 0.5 of our entire range.
- Confluence via this 0.5 will be our Daily Demand pivot for ENJBTC.
Buys will be of high interest within this...
I believe there will be plenty of time to accumulate ENJ in the 3350 to 3750 range.
There are few real-world applications for cryptocurrency and blockchain outside of Bitcoin that will have any value, Enjincoin is well targeted at one of those applications. Digital collectibles within the gaming industry is already a multibillion-dollar industry with exponential...
1D Chart show clearly that Enjin is making his correction, but i see more clearly on 4H Time.
it passed under EMA100 and now this EMA Acts as a resistance.
Anyway i like this coin because of the project reality and partnerships, so a mistake shouldn't be a big problem for a long invest.
but it's always better to buy cheaper and at the good time!
i would not...
To continue my reputation as a bonafide ENJ shill, and a TA junkie, here's a chart. :)
It would be pretty risky to buy ENJ here, but this is the case to not sell if you're already a holder.
First of all, on the psychology front, Enjin has had a big hype cycle that concluded Friday at the end of a very successful GDC. This would be the perfect spot to sell the...