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...
Currency breaks its low channel and in the last hours made candles of purchase with good volume. High probability of short and long term profits. Watch out for the next few hours.
ENJBTC update
Entonnoir : W/D/H4 (swing)
Normalement je ne fais pas de contre-tendance sauf quand l'occasion se présente et ENJ en est une pour 2 raisons :
1/ Le prix est sur une zone de S/R weekly qui réprésente également un niveau psychologique, celui des ~1000.
2/ Le prix est en bas de sa compression weekly (blanc) et donc sur un biais potentiellement...
Prices are heading towards a Long-term Demand zone ==> we can therefore expect ENJ to boucne on this level !
Buy : The closest possible to 994
LT Target : 1654
Stop < 802
You may move your stop-loss as soon as ENJ will start to see some profits ! Rocket-pro will be there to inform you !
These are the 2 Support Zones that Enjin has here.
Small long on the first one, as the conditions on RSI are very oversold +
Stoch RSI is at the very bottom.
But first I want to see some consolidation happening on the support zone.
Not only retests.
got stopped out of my last buy order when BTC smashed through numerous resistances, but this is why you trade with stops. (losses kept minimal). but enj has now nearly fully retraced since its last leg up, im going to be scaling my buys in throughout this green box.
This was a deep correction! But that is normal after an extended fifth wave of an Elliott Wave impulse.
A strong support area is near and bullish divergence shows, that the sellers are getting exhausted.
Price will likely turn to the upside soon.
It looks like enj is reaching the end of its downtrend. I a lot of coins have started pumping today since BTC has stopped moving. I suspect ENj is next. It is moving sideways along the downtrend and once it breaks POP.
Perfect divergence on RSI 1D chart.
Moving to the buy zone. Better to wait till we hit 0 fibo.
STOP under : 0.00000920
INSURANCE order at : 0.00001003
TARGET zones are on the chart.
Perfect divergence on RSI 1D chart.
Moving to the buy zone. Safer to wait till we hit 0 fibo
STOP under : 0.00000950
INSURANCE order at : 0.00001001
TARGET zones are on the chart.
P.S. I always keep insurance orders on the lower liquidity levels as a part of my strategy.
