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ENJ

Enjin Coin (ENJ) with bearish divergence on weekly RSI - danger?Enjin Coin (ENJ) with bearish divergence on weekly RSI - danger? A similar bearish divergence can not be seen on the OBV - that looks stable. If we don't see higher highs with higher RSI peaks it might come to a longer correction. But here the weekly MA Ribbon (green line) is a well respected support 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *no financial advice do your own research before investing
BINANCE:ENJUSD
by Crypto4Everybody
2
Enj last chanceThis is the last stand before HnS breakdown. Currently sitting at the golden pocket on fib retracement and well established horizontal support. Bounce above 3.87 (right shoulder) would invalidate HnS. If we get a H4 close below neckline I’ve listed the price target at around 1.77, but support base before PT. In Bull markets bearish patterns such as these rarely hit PT so make sure and move stop at break even or trail in profit if it does break down. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Use multiple indicators to confirm your TA on price action. 10. Only trade what you are willing to lose. It will be hard to trade without emotions. Please note: - This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!
by DaCryptologist
2
ENJ/USDT 4HOUR UPDATEWelcome to this quick ENJ/USDT analysis. I have tried my best to bring the best possible outcome me in this chart. Reason of trade :- ENJ/USDT is triangle pattern create conform and retest BUY the green zone. Entry:-CMP and buy green zone Traget:-30% to 40% Stop loss :- $3.44 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native languages. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
ENJ/USDT 1 HOUR ANALYSIS Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures . I have tried my best to bring the best possible outcome in this chart . SNX /USDT lying on a strong support level or making triangle pattern. Entry: ACCUMULATE BETWEEN $3.54 TO $3.5 Targets: $ 3.717 $ 4.05 $ 4.28 $ 4.65 Stop Loss: 3.3 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
Long
by CRYPTOMOJO_TA
1
ENJ / USDT 4H - falling wedge, breaking resistanceWow, what a black Friday sale on most cryptocurrencies today. ENJ / USDT has performed remarkably over the past few days. As most cryptos have fallen today, so has ENJ. I expect that this likely will continue its upward trend, as it is currently trying to break the resistance. Here seen in a narrow falling wedge. If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position. Take profit ideas: TG1 - 4.3$ TG2 - 4.5$ TG3 - 4.75$ ------------------ I keep it simple and clean! Likes, comments, and follows are dearly appreciated. Let me know what you think and which ones you would like for me to analyze next. Trade safely! ------------------ About Enjin: "Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores. Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value." Source: Coinmarketcap.com
Long
by Droz_TA