ENJ
Enjin - Big Things to ComeEnjin has had a phenomenal run over the past few days due to some major events for the project. Fundamentally speaking, ENJ still has a lot to deliver in the near future and could leave room for another pump. First of all, what started the initial take off, we have the Samsung partnership with the new S10 hardware wallet utilizing ENJ's network. This can be huge when the phone comes out, especially with ENJ's focus on mobile application development. This can hit the mobile market in the near future with Samsung's newest phone. The phone has the ability to operate with unity games, which brings up another event. Additionally on March 14, in 10 days, which is the release of the Blockchain SDK on Unity's store (twitter.com). Hundreds, if not thousands, of game developers have been awaiting this release in order to easily integrate ENJ into their games. This can bring a very easy adoption of cryptocurrency to your average smart phone user. Aside from the events coming up, there is a clear bull pennant on ENJ/BTC (as well as the other pairings). Based on this formation, I will be setting the following:
Entry 1: 2,100 sats
Entry 2: 2,040 sats
Stop Loss: 1,970 sats
I'm not setting specific targets, I will take profit when I see some decent gains.
#ENJ/USD $ENJ Enjin Coin - weekly LONG idea#ENJ/USD $ENJ - weekly LONG idea
Range .021 - .078
testing resistance at .035
low volume possibly increasing
VOL ATR - LONG
RSI/MACD normal, momentum buy side bias
LONG
next test resistance ~ .054
support at .021
If my charts are helping, please consider using my binance referral link to trade $ENJ
thank you, and trade responsibly - this my idea not financial advice
Binance ref link: www.binance.com
Enjin Coin Trade Signal (ENJBTC)(38% PP)I have only one trade for Enjin Coin (ENJBTC) on Trading View; we hit all of our targets. You can see it here:
Today, I am looking at Enjin Coin again, which is available to trade on Binance, and the signals are looking pretty good.
Let's take a quick look for learning and entertainment:
We have a classic retrace where price found support at 0.786 Fib. retracement. MA200, black line, also working as strong support. As soon as these levels were reached, ENJBTC bounced up with strength.
Above average volume on the break of all Moving Average lines / resistance levels (last candle to the right).
The RSI is bullish.
The MACD is showing a bullish crossover as well as hidden bullish divergence.
All these signals are telling me that ENJBTC is about to make a move up. And for this reason, we decide to trade...
Enjin Coin (ENJBTC) Trade Instructions
BUY: Up to 0.00000910
TARGETS:
(1) 0.00001000
(2) 0.00001100
(3) 0.00001260
STOP: Close daily below 0.00000720.
If you have any questions, feel free to use the comments section below.
Remember to hit LIKE to show your support.
Feel free to message me anytime.
Namaste.
#ENJ Enjin accumulation started - 35% profit expected.#BUY #ENJ #SHORT-TERM CALL ONLY
Buy Price: AROUND 750 SAT (INVEST IN PARTS)
Targets: 1000-1200-1500-1700 SAT
Strict Stop-loss: 710 for those who dont want to #hodl in case price goes down. However #ENJ is having some good support around 720-740 range.
Long term investor can ladder this coin till 571 (rock bottom) in case price goes down.
TA :
1d chart - RSI green signal
macd bullish similar to 27th nov. 2018 circle with yeloow color in MACD. Crossover expecting in next 1-2 candles.
TD SEQ. 9 candles done - new candles about to start
836 is fib 61.8 if broken upwards, rally might go fast till our target of 1000 sat at 38.2 sat.
ADX is positive
As per volume bots - accumulation is going on in this coin since last thursday.
Enjin Coin - When gaming needs meet cryptoworldWhen I talked with my friend about the investment, he mentioned the Enjin .
It is a utility token that will work on the platform developed by Enjin.
Enjin specializes on:
- Creating a game-specific website, Minecraft
- A modern looking forum
- Mobile apps for Androin and iOS
- Providing various game plugins (Minecraft, WoW, Arma 3, World of Tanks, ARK)
- Creating a gaming web store
- DDoS protection
- DNS manager
tl;dr - the All-In-One Website Platform
An interesting addition is the gamifing of your community. You are making your discuss more fun by designing your forum in all respects, such as a reward system. You can create a community to create a clan / server / eSport team, and so on.
So what is Enjin Coin?
- ERC 20 token
- secure payment gateway
- creating and minting own tokens (similar to Waves)
- Integration into the Enjin platform
- Smart wallet
- virtual good store = for a better idea, for example if you want to buy some good item in the game, you will use this option
- exchange of items without a third party, called escrow
- the possibility of voting
- Gaming integration using Java, C++, C#, Unity, Unreal Development
How do I see it on a chart?
There is a variant of three entry zones.
White dashed lines - It is possible that we will get to them because of the approaching resistance. These are very conservative inputs.
Yellow dashed line - If you are more aggressive, there is an entry between 900-910.
What will affect the price?
- Resistance
- Bitcoin drop
- Fundament - EnjinX is coming, which should be a blockchain explorer. No ads and better data.
ENJ growmapPrice is consolidating within a parallel channel and just got above the middle line and descending trendline which caused 800 resistance breakout. It can be clearly seen on a day chart.
Main resistance is marked on the map. Once the last one is broken we will see 1150 and 1270 very soon. Still it is a mid term forecast.
Weekly chart shows another descending trendline breakout of which will eventually bring the price to mentioned above targets.
Good luck with your trades! Push "like" if you like my work.
Game by your rules. ENJ/BTC analyticsBUY: 0,00000580 - 0,00000610
SELL: 0,00001160 - 0,00001210
STOP-LOSS: 0,00000000
Support: 0,00000634
Resistance: 0,00000925
Enjin Coin (ENJ) - ERC-1155 based cryptocurrency. It was created as a platform specifically for gaming - developers and players. Developers, content creators and gaming communities receive the necessary crypto-tools for the gaming economies operation, as well as the possibility of tokenization of in-game items for further sale and exchange.
The most frequent use of Enjin functionality is the creation of community web-sites, clans, guilds. Platform paid. In addition to tokens, you need to pay up to $ 20 monthly for CMS and other functions.
The minimum of this year was formed on August 14 at 0.00000492. On November 14, the price did not update it, but came close to the minimum values. Asset rates follow the market. The token is characterized by extremely unstable trading volumes. It also does not accumulate in investment portfolios - almost all transactions are speculative. It is worth noting that the asset is subject to manipulation, abnormal growth of volumes and prices from 6% to 80% within a day are periodically noticeable. This token is not suitable for long-term investments, but it is of interest as a speculative tool.
The range of long deal opening is at the level of 0.00000580 - 0.00000610, which is slightly below the support line of 0.00000634. Stop-loss is not set, because the entry point is close to the minimum price. We'll sell a token in the range of 0.00001160 - 0.00001210, above the resistance zone of 0.00000925. Should remember the high volatility, and therefore the movement can be very sharp. Intraday volatility can go up to 100%.