ENJ falling wedge into support with bullish divergence on the daily & 4H MACD & RSI... threw up a few possibilities if she plays... SL would be under support...
Hi traders! 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...
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. Increasing volume. And our targets. Looking at Enjin Coin longer-term, it has huge potential for growth. This is just a friendly...
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...
ENJ/BTC has one of my favorite setups here. Retraced the bubble pump from the Samsung hype news fully. Momentum is shifting, selling exhaustion is becoming apparent. Fundamentally solid project as well. Agressive entries in this 870-800 area (smaller position size, with stop loss below 700). Conservative/safer entry on a breakout above the falling wedge pattern...
$ENJ Bullish div on the daily, trending right above the POC. This will probably make for a decent entry in the coming weeks.
ENJ continues to drop like almost all other alts We do see some descending price + rising OBV, which could see a move higher in the coming days/weeks especially with BTC dominance looking like it wants to pullback Targets on this coin could return substantial amounts of $$$ at the levels it currently sits at but the risk is still there with a break to new lows
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...
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...
Hello everyone! Let's get right to it... Enjin looks just ready enough to take off soon. Looking at previous breakouts, you’ll see that the 800-900 sats has been the key level prior to massive breakouts. We have been moving well so far and it appears that a tremendous breakout towards the upside is around the corner. This is also supported by the bullish...
Title says it all. Clear bullish divergence on daily chart, but I chose the 12hr time frame. Bitcoin making a move after bouncing from 9800, but this alt trade should work out in the mid to long range.
Consolidating against strong support and very well-established resistance. Volume is not looking great, but MACD and RSI divergences are a promising signal. Might be worth watching over the next couple of days.
ENJ / BTC Exchange : BINANCE On a historical trend line ,high R/R (Risk / Reward) Buy : 870 Target 1 : 940 Target 2 : 1010 Target 3 : 1080 Stop loss zone : 810 ~ 800