#ENJUSD -See the important defense zones. -Red colors for sale zones. -Green colors for purchase zones. *Breakout of the region with confirmations initiates a countertrend of the indicated zones.
Enjin (ENJUSD) broke today above its 1D MA200 (orange trend-line) for the first time since February 09 2022. Even though that is technically a major bullish break-out, the price is still inside a Channel Down pattern that started on the June low. We ideally want to see a closing above that Channel to call for the new Bull Cycle and the reason can be found back in...
While most cryptocurrencies are thinking: "to fall or not to fall", against the background of yesterday's statement by the US Department of Justice, ENJ buyers decided that this is a great moment to pump the price up by at least +20-30%) The entire speech of the US Department of Justice can be summarized in one thesis: "although crypto is still poorly...
#ENJ Seems like Correction phase almost Done & Ready for Bounce Back... Falling Wedge Formation in the Higher timeframe.. Pretty Decent Buying Volume Coming in.. Expecting Breakout Soon. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
ENJ appears to have bottomed at 0.2424 where it touched and quickly returned to the middle of the Keltner channel. At this exact moment it is at the lower edge of the channel, being able to visit the one at the edge of the triangular wedge at 0.2516. The biggest possibility is that it will go back to the channel's median to meet the MM200 at 0.2743. Remember that...
ENJIN is a project I am emotionally attached to. Then again it's great that the chart saves me from some emotional mistakes: Chart demanded short positions here: Chart demanded more short positions here and an unhappy face here: AT this stage, ENJIN has NOT Broken higher yet but chances are increasing My Trigger (alert and Buy orders) ar at 0,319 with a...
This is the last chart analysis request I received in the comments section and it comes from @vtropiq... Let's see what the chart has to say. We are looking at Enjin Coin vs Bitcoin as the we already know the drill for the USDT pair, at least here we have a different chart. The June 2022 low/support remains intact, which is good news. The bad news is that the...
For follow-up. Not an ivestment adviced. Correct graphic does not ask for explanation. ZONE NOT TESTED!!!
Based on technical factors there is a Buy position in : 📊 ENJUSDT 🔵 Buy Now 0.3155 🧯 Stop loss 0.2784 🏹 Target 1 0.3600 🏹 Target 2 0.4320 🏹 Target 3 0.5400 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
trendline breakout has already retest in process incase of successful retest expecting big moves to the upside
breakout confirmed as we predicted yesterday looks ready to fly buy and hold some
Breakout donre as we predicted expecting some big moves to the upside soon buy and hold some
breaking trendline in daily tf incase of successful breakout expecting minimum 2x looks good for midterm
ENJIN has been a well rounded disappointment. Some ALTS have clearly had a nice rebound (MATIC for example) and others keep failing to re-ignite. Enjin is in the second category. 0,46 is resistance 0,31 is again a possibility Why? Well start with this: every time I google 'ENJIN NEWS' I get random 'invest in this it will kill Enjin' results! Not amused, not...
Trading Setup: A Trading Signal is seen in the ENJUSDT Enjin Coin. Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.425 ⭕️SL @ 0.410 🔵TP1 @ 0.465 🔵TP2 @ 0.495 🔵TP3 @ 0.536 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas,...
I am a bit sentimental, when it comes to projects I like and believe in but at the end of the day trading is just chart to me. ENJIN's inability to break higher back into the channel was an opportunity to go short and I did. At this chart you get to see the most likely scenario as well as the worst case scenario.. You also get to see the 'good' scenarion in...
Potential Breakout here but still under resistance (previous channel). A lift over 0.585 could result in a significant rise to 70 and 83 cents. Enjin coin(ENJ) Enjin coin(ENJ) is the utility token of the Enjin Platform. You may ask, “what is Enjin?”. Enjin is a platform that allows the creation and purchase of non-fungible tokens(NFTs) that can be used in games....
As for now we have an opportunity of a buy trade since previous resistance has turned into support. However, we need a retest to the newest support to confirm the buying bias otherwise stay out of the trade but I think a short term correction with upwards momentum could be possible in the short term. Noticed we are in the oversold condition too and to add even...