Enjin
ENJBTC | Parabolic Curve | Trade Setup ENJ BTC
Points to consider:
- Respecting the very bullish parabolic formation
- Testing structural support
- RSI above 50
- Below average volume
- Price respecting and trading above 21 EMA
ENJBTC retracing to test structural support after an impulse move to the upside
Currently respecting the parabolic curve and trading 21 EMA both serving as very bullish indicators
RSI also above 50 and forming a symmetrical triangle, a break to the upside will support the bullish bias
Below average volume is an indication of an influx being imminent, this will also coincide with the possible breakout
Next target will be the .5 Fibonacci retracement in confluence with structural resistance
ENJIN COIN (Enj Usdt) Short Term TargetIt has created 3 different trend lines since March. It has now touched the third trend line and is about to form a cup and handle. My first target is 0,23566. And if the fourth trendline occurs then second target is 0,3157.
In addition, the wedge formation that fell next to the trend line on the 2-hour chart has formed and is about to end.
This is not an investment advice. It is my own personal work. good luck to everyone.
Uptrend channel in ENJ/BTCHello Traders,
ENJ/BTC is inside an uptrend channel after breaking out.
On the daily charts, we can see a weakness to continue the uptrend movement, that is why we believe the price will test the support of this uptrend channel.
But we are seeing this asset on bullish momentum so expect the price continues the uptrending in the short term.
Best regards, Sandro and Gustavo.
Feel free to visit my pages if you would like to know more
Enjin Trying to Mine those Diamond Blocks 💠 | ENJIN ($ENJ)⛏️ It was only a matter of time before someone mashed up the block-based Minecraft with the block-based Blockchain. Well folks, the wait is over, Enjin has finally done it with their EnjinCraft plugin for Minecraft. This release shows Enjin is hard at work and that at least some of the past ENJ FOMO was warranted. That plus some mega bullish action since the COVID bottom has us looking for some levels for the bulls who want to mine those rare blocks.
Support ENJUSDT(Left):
First up we have the S1 S/R flip and orderblock cluster that includes a previous high. This is the first logical spot to look for a pullback. We have a similar formation at the S2 orderblock, although this level traces back to the pre-COVID crash range high as well. Lastly, the S3 S/R and orderblock cluster has acted as a major price pivot point and should provide support if it is tested. That said, all of these levels are logical and are likely to see a reaction of some kind if we see any kind of a pullback on the USD pair.
Support ENJBTC (Right):
The ENJBTC chart is very similar in terms of levels. First up we have the S1 S/R flip and orderblock cluster that includes the previous range swing high. This is the first logical spot to look for a pullback and has already seen a retest. We have a similar formation at the S2 orderblock cluster and S3 S/R and orderblock cluster. Again, like with the USDT chart, any of these levels are likely to see a reaction to price if and when we have a retest of them.
Resistance:
Although there is some valid resistance on the chart, the BTC and USDT pairs have both been so bullish we aren't concerned with resistance levels yet. With that said, we are happy to map out resistance levels if the chart gets enough attention. So if you are interested, let us know.
Overlook and Summary:
Getting a chance to buy any of these levels is likely going to be a bit like mining some of those rare diamond blocks in Minecraft, worth the time it takes to get to them. With that in mind, trends can always change, so if the trend does manage to give us too much downside volatility too quickly we won't hesitate to Alt+F4 this outlook.
Resource: cryptoticker.io
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ENJ/USD- Incoming Pump?I've been a fan of Enjin for a while. Solid project with excellent real use case.
News doesn't seem to affect price the way it once did but with the recent announcement of popular video game Minecraft integrating Enjin Blockchain utility for their users we may see some gains here.
The exposure alone to a wide variety of new users may see this project move forward at an exponential rate.
Not at my ideal buy-in price but I'll be watching closely.
As always, not financial advice, just my TA and thoughts.
Any feedback welcomed.
Bingaz.
Ascending Triangle on ENJIN Hello Traders,
ENJ/BTC is breaking out of the ascending triangle, which is a bullish indication, you must buy at this level and the stop must go below the second technical event on intraday of 1h. It is a long stop-loss, so you must control your position size for never lose too much money in case that trigger the stop loss.
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ENJ - Midterm bullishENJBTC looks pretty good, confident and significant growth over several months.
Midterm bullish if we get a close above 2050 sat (less risky to get consolidation above this level). Waiting for it and long.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Enjin Uptrend breakout ! towards ATH and beyondHi all, an update on previous chart i did for Enjin.
Right now, EnjBTC has broken up. next stop is up.
as spoken,
IF you are a long term investor.. anywhere near nice price is a very good one to get in.
Enj will not stay 100Mil MC for long for this kind of strategic partners they have now. it will be above 2 billion MC (being conservative) or even 50 billion if China market conquered in a bull run
my previous chart analysis:
Breakout on ENJIN COIN/USDT : DO NOT MISS !!!Honestly, this is a pretty obvious BULL FLAG formation, traditionally formed before a breakout to the upside upon breaking the top line of the wedge.
As we can seen from the chart, 0.618 Fib level has been continuously tested ad validated as a major support line @ 0.15841 USDT. Now, ENJ COIN is looking to retest that line and I see a strong rebound to the upside of the wedge near 0.786 Fib level @ 0.166 - 0.170 USDT Regions and likely a breakout to LONG till 0.204 (1.618 fib level) and beyond.
As always. feel free to like and comment your thoughts on my post, I will really appreciate the support!
Remember to place stop loss orders and trade carefully = )
Regards,
GOL D ROGER
ENJIN - This is one of the coin that resembles BITCOIN.. This is a long term hold coin.
Partners with the biggest gaming industry..
First utility coin listed by Swiss crypto Bank aside to BTC and ETH!
Enjin is also looking into CHINA markets and China has already certified enjin coin.
Do your own research. this will boom very soon with China market news.
ENJIN Coin Big Bull Run is coming | Weekly BreakoutPrice already made a good recovery after Dump from this resistance zone and now trading above may touch 1700 zone if bitcoin move very bad else everything is find and ready to blast in in very short time.
those who wants to buy here set stop loss 1500 . ( in case of big bitcoin movement it can dump else everything is fine.here)
A perfect Gem to Hold
Target Mentioned in Chart
Zilliqa are the double profit coin for next time --> huge breakoI expect zilliqa will increase the coming time with min 100% increase, this depens on the trends at that coin. as next month there wll be a about about mainnet staking. and also since short time the team do markting, and will offer reward for coin holders.
I think we can expect huge things from zilliqa.
ZILLIQA ABOUT TO EXPLODE Since ZIL STAKING ON WAY!its interesting to check this project for the next time, as there are a great update about the staking.
Expecting a huge increase on it next time.
Great things coming on this blockchain TN.
# if you like this post pleas give it a like, and follow for more updates
Best alt to hodl 2020 ---> omisego the sleeping giant! mainnet..For fast reader
Expecting omisego to increase huge depends on last trends, expecting a long price in the coming time, this project working again for what its made, and the company holding name are changed, so they can do more business with the new name.
Expecting soon a breakout.
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Expecting that OmiseGo will be a great hodl for 2020! --> this depends on the new trends at the project, I did explain before more times, why I expect this company will become huge. not only because they already have a working project, and supported by ETH founder, but on more things. read my before post about it.
Today I will write about the long term of this project.
as we have seen the new company name changed , and we have seen since today a post by news site about this
----> cointelegraph.com
they changed them name from Omise Holdings to #SYNQA! its about building SYNQA’s ecosystem because more than ever, communities and ecosystems are key to resilience in a changing world as they did add. when I did read the original post of the CEO, I did found that they will more focus on the markets in Asia and world wide, and they will start the real work as the project was made for. I think we can expect more great things from them.
not bedcase omisego are now cheap, but its about all include the team. expecting that omisego can be over 7 usd over some time. when the mainnet ready the price can explode to new high area. expecting also that the before buyers that omisego did sell, will return into the trend, after the project coming with new updates.
ENJ Making A Move | Excellent Risk/RewardGood Morning Traders,
It's been quite a while since we have traded BINANCE:ENJUSDT . Sadly we missed this big push simple due to being distracted with this crazy market.
Risk:Reward = 5.61
Entry = .13803
Stop Loss (-1.88%) = .13511
Target Profit (10.5%) = .15285
Estimated Time: 24-28 Hours
If you haven't checked Easy Loot out, be sure to head over to @kyer
Do Not Trade This, You Will Lose Money
DotcomJack
THE SLEEPING GIANT OMISEGO ABOUT TO BREAKOUT -vitalik buterin expecting that the sleeping giant about to breakout to part 1. ---> for long term it will increase more.
The founder of ETH vitalik buterin have support this project with whitepaper, and hi still behing the project, as we can see in them last post on twitter 14-04 about the new plasma chain omesigo.
----> i expect a huge back trend at this coins. the project was not focus before on marketing, as in the new plan they will do that.
Check also ----> the roudmap omisego.
I think as the soon the plasma chain update ready, vitalik buterin will add a update, and this will make more users into omesigo.
i dont call it for noting the sleeping gain. this coin will have a great future as it looks.
# this is not an advice, this depens on my study for long term, and all is data.
Have good day
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