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Enjin Coin / Bitcoin

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ENJBTC trade ideas

Patience is key with ENJOK, so while I think "alt season" hasn't started yet (at least, not the late-2017, early-2018 phenomenon where every shitcoin with a webpage posted 500% gains), I do think that we've reached a point where the overall market (sans BTC) has bottomed and quality projects with good fundamentals can start posting some good gains again. ENJ is one of those projects. It has just had a fabulous run of about 100% at the beginning of this year, but is currently retracing much of the gains. If you look, there appears to be a trendline that ENJ is respecting, and it looks like that means the absolute rock-bottom it will test will be about .00000850. I don't think it will get that far, I think .00001 is probably as low as we will go, which is about where the 20 weekly SMA is, and also would be a good backtest of the EMA ribbon. Be patient. I tend to agree with the more long-term traders that ENJ has the potential to hit .00008 levels and beyond, but we'll need grandpa BTC to continue to do his thing, and some time for this to mature. ENJ has a solid project under it's belt and as long as the NFT market doesn't nose-dive under us, I think speculators will be rewarded for holding this coin.
Long
by PsychonauticalTrader
ENJ / BTC Break through support. Work in the channel 40%After breaking through the accumulation channel, the price of the coin formed a triangle, which was broken down over time. At the moment, the price has broken through support (mirror level). Price goes to the previous accumulation channel. Trading inside the channel from pivot points (zones) that act as support / resistance levels. At the entrance, use an adequate Stop Loss value, but also take into account the volatility of the trading instrument. Previous trading idea for this coin: 1) TRAINING How to make pumps. Example ENJ Accumulation Phase Potential + 600% Trading idea yielded + 50% 2) Enj. Trading channel 45%. pivot points. Potential + 45-600% Trading idea yielded + 50% 3) ENJ Symmetrical triangle. Price in the corner, denouement soon.
by SpartaBTC
ENJBTC Big Long opportunity with 200-350% targetENJ completed 5 wave length and correction is expected to begin from here. Focus on the triangle pattern identify on the chart, if breakout from here go for it and long the re-test or wait for the buy back zone for your long and accumulation purpose. Do remember to like and subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas. Thank you. Note: It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Long
by weslad
5
Enjin Coin Gains Momentum | Can Go Higher | Chart MappedEnjoin Coin is doing massive bullish action, we have 7 consecutive green candles printed on the chart for 23% of gains in a few short days... Let's take a closer look. Here we have a full retrace all the way down to the .786 Fib. retracement level. This is very strong support and as we can see from the chart above it signaled the end of the retrace and a change of trend. Prices for Enjin Coin (ENJBTC) are now trading above all major resistance levels in the form of EMAs, including MA200 in black. We are seeing above-average volume with a very strong RSI. The MACD above 0 is a bullish signal. Enjin Coin can easily continue to grow here... Let's take a look at the daily timeframe before we leave: Here we can see MA200 conquered and lots of room left available for growth... Feel free to hit LIKE to show your support. Namaste. Previous analysis | Enjin Coin Going For A Higher High | Next Move Mapped
Long
by AlanSantana
8
ENJBTC Enjin about to explodehey guys welcome for an altcoin update ------------------------------------------------- Looking at ENJBTC strongly moving ahead and constantly challenging resistances showing strength with positive divergence with no red flags ------------------------------------------------- taregts are +1400, +1750 sat SL 850 ------------------------------------------------- that's all for now, hope this idea will help you making good profits for more updates follow me here and twitter --------------------------------------------------- this is Husain Zabir, signing out Thankyou...
Long
by Husain_Arkghazi
8
ENJ/BTC BULLISH! ENJ/BTC looking to have a healthy pullback after a strong upward rally, we have minor support area between 1173-1124 sats a possible pullback to retest our trend-line support and needs to hold this zone for the bulls to continue another leg up. Next major support if the trend line if the bulls cannot manage to hold potential going down to 1079-1049 sats. Target for the next bull rally will be around 1217-1250sats good for a nice swing trade just keep an eye for the trend-line support always manage your risk and put stop-loss. Goodluck Guys Happy Trading.
Long
by TradeExpertAlert
1