Ascending triangle breakout following with a retest of now support at ~658sats looks tempting for a long opportunity here
Volume flowing in and rising (+350BTC in Binance)
UCTS Buy signal on the 12H(and almost every LTF)
Crossed over EMA50
As targets: ~800 / ~930sats
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...
The Enjin (ENJ) Chart Looks Oversold, and It's Still a Buy Up to $0.25...
We talked a lot about Enjin, we've talked about that over the last year in VIP...
I wanted to point out to you and this chart is going to look scary, because I only have it priced in bitcoin...
So you'll notice we are at least at a one-year low versus bitcoin for our Enjin Coin. Enjin is...
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......
I'm watching Alt coin/Bitcoin charts from 2013 to 2019, i will tell you most important things what i learned from it.
1- You cant buy the exact bottoms or sell exact tops.
2- You cant buy right before breakouts.
3- Dont start accumulate before all the well known indicators shows you "its right time to buy" for example weekly EMA-MACD-RSI-OBV
4- Never buy all...
We are going to analyse ENJ/BTC today. It's the first time we are going to look at low cap altcoins against bitcoin. Why just now?
It's not any secret, bitcoin dominance has been falling. Despite this trend, many altcoins look very good on charts. Crypto cycle has remained the same. Growth - fall - connsolidation and again. As bitcoin was rising from...
I see a low risk, high reward trade setting up here for ENJBTC.
Reasons for the trade:
Full retrace completed. Support/accumulation zone established.
Divergences in histogram, Willy and OBV.
Double bottom market structure formed on daily.
Huge VPVR void that needs filling. Once the POC @ ~917 is cleared, price will move quickly.
BTC dominance chart looks...
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.
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 ...
hey guys welcome to fresh new altcoin update, Bitcoin is dumping and looks like alt season has just knocked the doors, so this will be a great time for us to make some big gains from alts, almost every alt has dumped heavily and looks thirsty for some huge gains. Enjin is one of the top coins which has most likely formed its rock solid bottom and now early buyers...
ENJ / BTC is in a great Momentum. We have a very powerful standard highly BULLISH . A great FALLING WEDGE is ready to go. Worth the risk. Time to multiply our BTC!
Come on! Are you prepared for bigger BULLRUN of all?
Many ALTs are ready in accumulation to launch the biggest wave of all. Wave 3 is larger and more impulsive. I hope it's ready. 2020 we will be...