I think it can bounce from this trend. My stop is red supply zone.
ENJ/BTC is starting to get me excited. Im seeing a larger bull flag than previous ones. Oscillators have reset. Seller exhaustion ensues as RSI becoming oversold. Looks like we could see a nice rip over weekend.
I see potential inverse head & shoulders /falling wedge breakout on the 1 hr timeframe.
ENJ/BTC is looking like a great swing trade on this falling wedge. I will be accumulating slightly above the support level and holding for a breakout as it is getting close to the end of the wedge. The 1H indicators look pretty bullish and the 4H is pretty neutral. Entries: 4,000-4,260 sats Stop Loss: 3,900 sats Targets: 4,350 - 4,600 - 4,950 - 5,200
My analyse and guide on following enjin for the upcoming period of time. ENJ is one of my favourite cryptocurrencies and I believe we can continue up for sometime as long as BITCOIN remains strong and above 57k. A sudden strong drop of BITCOIN would invalidate the analyse and a break of the support + last point would also change the bias of this pair.
ENJ/BTC 1 hr chart shows me a falling wedge. RSI also shows a falling wedge. MACD is showing negative momentum is waning, signaling a move to the upside soon.
ENJBTC - Long - Potential 19.02% Exchanges: Binance Signal Type: Regular (Long) Entry Targets: 1) 0.00003778 Take-Profit Targets: 1) 0.00003918 2) 0.00004497 Stop Targets: 1) 0.00003414 Trailing Configuration: Entry: Percentage (1.0%) Take-Profit: Percentage (1.0%) Stop: Breakeven - Trigger: Target (1)
More than a month ago, ENJBTC broke out of a long bearish trend on the weekly chart. Today i can finally say, ENJBTC had a successful retest with a higher high. Moreover, ENJBTC also broke through the 100 MA to the upside. If all goes according to plan, the next major resistance lies around 2500 sats. If we break that, the total price target is around...
Here we have the Enjin Coin (ENJBTC) long-term chart, based on the weekly timeframe. We can see very strong bullish action taking place right now. From the current price to the peak hit back in January 2018 we have over 200% of potential profits... From the current price to ATH, we have over 460% potential for profits... I am mentioning these because I new...
ENJBTC blew through the local resistance yesterday. I'll be looking for a re-test of .00003000 or a slightly higher top around the 0.00003200-3600 HTF resistance to open my short on ENJUSDT Futures.
$ENJ Bot took a position on enjin as its showing a new Weekly buy & volume starting to get momentum on the daily chart. Looking for '20 highs (~2500sats) as 1st target.. May take a while so let it run! #ENJ
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY! If u like the analysis, please...