💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
ENJ has just conquered the 1.3$ zone and is heading towards the 1.6$, 2$ and 3$ zones. If ENJ loses this $1.30 zone, it will have a sharp drop to $0.95 or even $0.8
📈RED PLAN 🔴Buy : 1.27-1.33$. SL if B
🔴Buy : 1.56-1.64$ if A. SL if B
📉BLUE PLAN 🔴Sell : 1.56-1.64$. SL if A
🔴Sell : 1.95-2.05$. SL if A
🔴Sell : 2.93-3.07$. SL if A
🟣PURPLE PLAN 🔵Sell : 1.27-1.33$ if B. SL if A
🔵Buy : 0.93-0.97$ if A. SL if B
🔵Buy : 0.78-0.82$. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Enjin Coin (ENJ) is an Ethereum-based cryptocurrency that is used to directly back the value of next-generation blockchain assets. It aims to become "the gold standard for digital assets".
Enjin created the open-source ERC-1155 token standard: it enables game editors to convert various types of assets, such as currency, real estate, digital art, and gaming items into tokens that are usable in blockchain applications.
Enjin has built a complete ecosystem for on-chain applications, which integrates with its open-source token standard and features a unique blockchain explorer (EnjinX). Enjin focuses on adoption for non-blockchain participants with various solutions for professionals.
Non-fungible assets (ERC-1155 tokens) can be backed with Enjin Coin. Some of the use-cases range from the certification of ownership, the compatibility with the Enjin ecosystem, their real-world value (as ENJ tokens are traded on exchanges), and tangibility features (they can be destroyed to redeem the ENJ tokens). Owing to the backing of many NFT by ENJ tokens, its adoption leads to reductions in the effective supply of Enjin Coin.
Several of its most prominent tokens include the Binance Collectibles issued in December 2019.