TD Sequential formed an up reversal signal (4H and 30m TFs) The chart has reached the support level. I expect a rebound.
Enjin Coin (ENJUSD) broke last week above the top (Lower Highs trend-line) of the Descending Triangle pattern that has been in effect throughout the whole year. This is a major bullish break-out signal and despite the rejection on the 1D MA50 (blue trend-line), the price action being similar to the June fractal, provides a strong short-term buy opportunity. Even...
Well I'm tired and I can explain so take short position to blue zone.
The ENJ reacted with a decline on reaching a resistance level. Price, RSI and trading volumes formed a bearish divergence on the 4H TF and TD Sequential formed a reversal signal downwards. The chart has consolidated under 50EMA at 30m TF. I think the asset will continue to decline after overcoming the support.
📊 #ENJUSDT ⏱ TIME: 1D 📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future. 📍The initial buying limit: 0.295 $ 📍The second buying limit: 0.255 $ 📌TP1: 0.54 $ 📌TP2: 0.75 $ 📌TP3: 2.1 $ 📌TP4: 5 $
ENJIN (ENJUSD) is having a major bullish break-out today as not only did it break above the 1D MA50 (blue trend-line) for the first time in more than a month but also hit the 1W MA50 (red trend-line) for the first time in a year (since April 02 2022). The chart on the right displays ENJ during its 2018/2019 Cycle and even though we need strong fundamentals to...
This chart is about ENJIN ENJ Coin Price Prediction and Forecast in which you can see daily resistance has been broken to the upside at around $0.5215, Now it is retesting.. Possible buy?
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ENJ symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
ENJ Looks like it's ready to make some crazy moves off this Logscale Bullish Cypher as it's Broken Free from a Downtrend after Confirming 3 White Soldiers on the Weekly Timeframe at the Logscale PCZ of a Bullish Cypher.
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..!!
For follow-up. Not an ivestment adviced. Correct graphic does not ask for explanation. ZONE NOT TESTED!!!
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,...
September has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. Enjin Coin ENJ has a negative overall...
It may depend heavily on how BTC performs, but im feeling pretty bearish on ENJ as it stands. As the title states, ENJ rejected off the resistance almost perfectly while simultaneously reaching the top of its range; on the dot, i might add. Personally im looking for short entries on ENJ. But as always.. time will tell. If this continues to sit sideways and isnt...
#ENJ A break above the range formed over the previous three months could be an great sign of further continuation. Set up some alerts in case it decides to go for it.