ENJIN 1DAY MethodENJ Still making is correction. remember that coin pushed very high and fast. so you should take care about Take % Gains and Stop Loss % in that kind of trades.
always keep in mind that cryptos trading should be a fast invest and fast % gains.
Actually it was supported by his old ATH in March around 2800ish.
if it break down it should be supported by EMA100 at 2500ish and rebounce.
and if we break down orange line it will come back to 2000Sats. (EMA200)
we are turning bullish in cryptos market mode so i really doubt it comes back to 2000 but be carefull.
so now :
Rsi Oversold almost touched down.
Macd will cross bullish mode.
Stochastic flatening is way.
looks like ENJ will soon be ready for his next little rally.
Anyway at any levels you buy ENJ 2500 or 2800ish,
A good safe sell price should be 3490 Sats. ( always sell before a round number... don't sell 3500..)
So like always, i recommend to buy in multiple times and don't invest all ur juice in 1 time.
Check also BTC movements as king.
Happy Tr4Ding!
Enjin
#ENJ Enjin coin at breakout & ready to give 32% profitCALL TYPE : #SHORTTERM
BUY AROUND/BTW : 0.00002700 -0.00002820
TARGETS
TARGET 1 : 0.00002970 (10.00%)
TARGET 2 : 0.00003143 (16%)
TARGET 3 : 0.00003566 (32%)
STOPLOSS : 0.00002600
ALL INDICATORS BULLISH. BUY & HOLD FOR FEW DAYS FOR GOOD PROFIT. ATLS WILL SHOW SOME RALLY TOO. #ENJ IS AT BREAKOUT
COSM Cosmo Coin Listing on OKEX + Samsung ENJ PartnershipCosm is listing on OKEX and has a couple huge partnerships that will start to release information, specifically Samsung.
$ENJ Recalculating... Potential Falling wedge in play $ENJ Recalculating... Potential Falling wedge in play after the drop from BTC pump
Sitting at .618 Fib level & Support at ~3ksats (R/S Flip)
Volume slightly growing
MACD bullish divergence on the 1D & RSI div on the 4h
UCTS showing a buy on the 4h
#ENJ
ENJ/BTC - Enjin // OutlookHello traders, today we take a look at ENJ/BTC // EnjinCoin
We currently have laid out our Monthly Range.
- Price is currently attempting to break back above our Monthly S/R level.
- I am expecting a bull trap down towards the 0.5 of our entire range.
- Confluence via this 0.5 will be our Daily Demand pivot for ENJBTC.
Buys will be of high interest within this area for Enjin Coin. I am looking for long term buys @ 2145 towards our highs once again.
Enjoy traders!
Twitter - Telegram
#Enjin $ENJ entering accumulation zone 3350-3750, 10800 by JuneI believe there will be plenty of time to accumulate ENJ in the 3350 to 3750 range.
There are few real-world applications for cryptocurrency and blockchain outside of Bitcoin that will have any value, Enjincoin is well targeted at one of those applications. Digital collectibles within the gaming industry is already a multibillion-dollar industry with exponential growth. A system which provides liquidity cross-platform and between games will become a multi-billion dollar protocol. This is likely the only thing that ETH will provide real utility for is in the support of such tokens that can be linked to digital collectibles.
Following consolidation which could go on for weeks, I expect ENJBTC to see a steady rise followed by another huge FOMO driven pump to 10800 Sat.
The partnership between Samsung and Enjin Coin was confirmed at the Samsung summit in Barcelona. The partnership produced the gaming wallet on the Samsung S10 mobile phone.
Great opportunities in blockchain tech and digital scarcity include:
Ravencoin (RVN)
Enjin Coin ( ENJ )
Basic Attention Token (BAT)
Binance Coin (BNB)
Bancor ( BNT )
Bitcoin ( BTC )
And to a lesser extent Etherium (ETH) because it will likely be a platform to secure digital collectible protocols like ENJ and utility tokens. Though I believe it is likely already valued appropriately where it now stands.
ENJIN now ? 4H Timeframe1D Chart show clearly that Enjin is making his correction, but i see more clearly on 4H Time.
it passed under EMA100 and now this EMA Acts as a resistance.
Anyway i like this coin because of the project reality and partnerships, so a mistake shouldn't be a big problem for a long invest.
but it's always better to buy cheaper and at the good time!
i would not touch it now at 4200 before seeing clear bounce confirmation showing us that it stays in his triangle.
4000ish zone, it bounced multiple times so it can be a first small buy.
3500ish have big support on EMA200 could be a second strong buy.
Stay Safe as BTC is weak right now.
Happy Tr4Ding!
Enjin (ENJ) - The case to remain a holderTo continue my reputation as a bonafide ENJ shill, and a TA junkie, here's a chart. :)
It would be pretty risky to buy ENJ here, but this is the case to not sell if you're already a holder.
First of all, on the psychology front, Enjin has had a big hype cycle that concluded Friday at the end of a very successful GDC. This would be the perfect spot to sell the news, and there was a small dip. But volume stayed very light and reversed (so far) quickly.
Second, we have 4 clear waves in place - surge, consolidate, surge, and current consolidation. 5 is typical, and I'm looking out for a final sharp surge.
We did have a perfect 50% retracement (logarithmic chart) of the top to bottom move, which is healthy.
All moving average are in their proper place, and the 13 day average, which serves as support in strong trends, is so far doing just that.
Finally, we have an unconfirmed bullish symmetrical triangle forming. This could break down into a trading range, or some other standard pattern, but it's what I'm watching until proven to be something different.
Standard measuring techniques would imply a final move to the 40 cent range, but 5 waves are often the strongest... ath is at 50 cents, I don't think it's impossible at all.
anyway... here's the chart. It's a thing of beauty.
Binance Analysis: BNB, BTT, ENJHello dear Altcoin fans! ;)
In this video:
Binance Coin: Huge run up, reaching previous tops at 17.3: Consolidation & forming Higher Lows would be very healthy on the Weekly
BitTorrent: Trying to sneak back again into EQ zone
Enjin Coin: Consolidation on the Weekly
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
$ENJ Could it become the first x10 of 2019!?!?$ENJ Could it become the first x10 of 2019!?!?... Potential bull flag as continuation....
Currently 450% since Buy signal from the UCTS. With a potential 1000% if bull flag breaksout.
Volume looks low for now...
RSI rising again while MACD is deciding what to do.
#ENJ
Enjin breaks channel with 30% profit -now consolidationHello dear crypto friends!
Enjin perfectly respected the 4H downtrend channel that we talked about last weekend in the video, and saw an awesome break above Lower Highs at .43 psychological: up to the wick highs it made more than 30%.
Since then we are in a more descending EQ pattern with the wicks at .5 marking the top, and the bottom currently at .45: A break to the downside could lead to the previous bottom with 10% profit potential, a break above .5 could lead at least to the wick highs at .56 with more than 10% profit potential.
On the Daily , we almost perfectly reached the previous high at .56, and can see the 4H EQ perfectly translating into 2 Daily inside bars. If we keep the current HL at .4 intact, we could further tighten inside this range, leading to a EQ on the Daily itself.
Good luck!
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
ENJIN Samsung Wallet + Galaxy Store, Unity, NRG Sports, EfinityENJIN Partnerships w/ Samsung Wallet + Galaxy Store/Universe, Unity, NRG Sports, Efinity
Everyone has now heard about the Samsung partnership. For the newcomers, there is much MUCH more going on to be excited about. Enjin is a 10 year old company with a great reputation and existing community in the gaming space. They set out to build a platform that will power the future of gaming and are in the process of following through on their vision. Over the past year, the (large) team has been working like crazy and has accomplished some amazing things.
Check out the links below. DO YOU NEED MORE REASONS TO HODL?!?
Samsung Galaxy Store / Game Universe
Unity Partnership
Wallet: Samsung, In Wallet Trades, Gift Cards, etc
Samsung s10 Cryptocurrency Wallet Keystore Integrated with Enjin! - Live example showing wallet & trading.
NRG Esports begins partnership with Enjin Coin - will create a custom token with its own branding on it, and will then distribute it to fans of the organization in an attempt to spread awareness and to reward engagement. These tokens will be used for entering raffles and winning prizes, whether it’s visiting an event, receiving gaming hardware, or receiving professional training.
NRG already counts EventsDC, Republic of Gamers, Logitech, Twitch, and Amazon Coins among its partners. Competing in titles such as Fortnite, Counter-Strike: Global Offensive, Overwatch, Rocket League, Hearthstone, For Honor, Vainglory, and Smite, NRG is one of the biggest organizations in esports
Efinity Partnership - scaling, item transfer.
Enjin Blockchain Explorer
Enjin Wallet
World of Warcraft partnership
14000 Sat target for Enjin $ENJBTC during 2019 $ENJ There are few real world applications for cryptocurrency and blockchain outside of Bitcoin that will have any value, Enjincoin is well targeted at one of those applications. Digital collectibles within the gaming industry is already a multibillion-dollar industry with exponential growth. A system which provides liquidity cross-platform and between games will become a multi-billion dollar protocol. This is likely the only thing that ETH will provide real utility for is in the support of such tokens that can be linked to digital collectibles.
Following consolidation which could go on for 2 months or more, I expect ENJBTC to see a steady rise followed by another huge FOMO driven pump to 14000 Sat.
The partnership between Samsung and Enjin Coin was confirmed at the Samsung summit in Barcelona. The partnership produced the gaming wallet on the Samsung S10 mobile phone.
Great opportunities in blockchain tech and digital scarcity include:
Ravencoin (RVN)
Enjin Coin (ENJ)
Basic Attention Token (BAT)
Binance Coin (BNB)
Bancor (BNT)
Bitcoin (BTC)
And to a lesser extent Etherium (ETH) because it will likely be a platform to secure digital collectible protocols like ENJ and utility tokens. Though I believe it is likely already valued appropriately where it now stands.
Enjin Scalping Movementsworking on 1h Timeframe.
Enjin is a strong coin. it gone high those days and still in a correction but still can make money on a strong coin.
keep in mind that this coin is under correction so it can break down at anytimes.
here u can see how to trade fluctuations between EMAs.
Buy Around 4000ish 200 EMA Support.
Sell Around 4600-4700 EMA50-100 Acting as resistances.
STOP LOSS under 3700 if you see a real and fast breakdown.
And as Always look at BTC Movements as it can influent everything.
Stay Safe.
Happy Tr4Ding !
ENJ - One more rally?Who knew ENJ would fly as much as it did! My last chart of ENJ ended up yielding a whopping 300%, however I played it safe and took profits a bit early at 242%. Regardless, profit is profit and I said if I saw another interesting opportunity with this coin I would post another chart: so here I am.
This play is a bit more risky that the previous one, but has the potential for some decent profit. Keep in mind, I do say this is risky because we are still up more than 200% over the past week meaning there could be even more correction. Because of this, I'm encouraging you to use a VERY TIGHT stop loss. I like taking risky trades because you always miss the shots you don't take, and the possibly reward heavily outweighs a minor loss (assuming you set a good stop loss).
Anyways, on to the details! Huge news for ENJ in 4 days (March 14th) with the Unity Development SDK release for ENJ hitting the market. This is a huge event that is tapping into the mobile game industry (and Unity games in general) that can bring extreme adaptation to non-technical users. There is so much to talk about, but you can read more about it in my previous chart. Aside from that, we are in a falling wedge pattern which tends to be bullish. I've been expecting ENJ to correct for the past few days as it has reached crazy heights. Right now it looks like it is attempting to break out, if it does I will buy a position and set a very tight stop loss. Otherwise I will wait for it to fall into my buy zone and set a stop loss under the support. I have no specific targets, so I will just make reference to the fib levels and aim for ~5,479 and ~6,398 sats.
As always, please don't FOMO and forget to set stop losses. Again, this is more risky than my previous chart and I always advise people to be prepared for the opposite to happen.
My Strategy:
Break Out Entry: Anything that goes above the resistance.
Break Out Stop Loss: About 50-75 sats below the breakout level.
Normal Entry: 4,450-4,750 sats
Normal Stop Loss: About 50-100 sats below the support level (corresponding to the time frame).
Targets: 5,479 sats, 6,389 sats, (possibly more?)
*If you are enjoying the charts, please feel free to throw a thumbs up on the chart and follow my account. To get frequent updates, check out my public telegram and discord server below!