ENJ
ENJIN - One of My TOP Picks for the SeasonWhen we say season we mean Xmas season...
ENJIN has a lot of great things going and as soon as BTC can start recovering we expect this coin to fly to new All Time Highs or higher.
It’s Early Days, but Enjin May Be a Metaverse Crypto That’s Worth the Money:
And like much of the crypto world, Enjin has experienced rapid growth. Year-to-date, its value is up 2,500%. That growth, combined with those previously mentioned factors, makes Enjin highly interesting right now.
The best place to start in understanding Enjin is to start with the most relevant topic: The metaverse.
Start your ENJINs. It will make it to Top-15, that's our expectation.
the FXPROFESSOR
THE LITTLE ENJIN THAT COULD. BULLFLAG PATTERN ENJ trying to close above upper band of bull flag; seeing some consolidation. Support held at 38.20% fib and we've been able to close above 2.896 key area of resistance (3x support on previous swing lows), but still below 50 EMA.
Technical:
1. MACD - Histogram getting smaller and red lightening. MACD line below signal, under 0.00, flattening out from obvious downtrend.
2. BB - Candles near lower band
3. RSI - 43. Line moving toward upside.
4. EMA - Above 128, 200; below 50.
If price can close above flag line, 50% fib, and 50 EMA, possibility we see upside is high. At that point, we should see MACD looking to move above signal line from below. Place entry accordingly.
Price Target 1 (9.50%) - 3.144
Price Target 2 (27.09%) - 3.665
Price Target 3 (53.13%) - 4.426
ENJ is a gaming community platform and virtual goods marketplace.
Goodluck!
MATIC TOP PATTERN Matic does look a lot like ENJ... Is the top in?
Matic does look a lot like ENJ... Is the top in?
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
EFI Bounce Coming?Efinity is in a good channel right now. I expect a bounce from ~1.50$ level. And hopefully it will reach 2.6-2.7 area in next few weeks. So im a buyer here.
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.
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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!
$ALICE in Wonderland or should I say the #MetaVerse?If you follow cryptocurrencies at all... you know the #MetaVerse is getting it done! $ALICE is a low liquidity coin and IMO has the ability to double or triple still from here? Only time will tell what lies ahead in the MetaVerse but at least you know that there are a lot of coins like $ALICE competing for your money!
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.
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Thank you...
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?
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Thank you
#PEACE
Enjin Coin ($ENJ) New FIBEnjin Coin ($ENJ) New FIB: $ENJ trades above the 50MA but the MACD and RSI are beginning to show signs of weakness. $ENJ meets $3.6281 support marked by a day of indecision. $ENJ is probably content to trade sideways as BULLS re-group and plan their next trades
Enjin Coin ENJUSDT Trade PlansBULLISH
1)HH and HLs.
2) Fib level 0.5 support at 3.43
Bearish
1) Bearish Engulfing at 3.8
2) Resistance at 3.62
3) Closed below Trend line
Trade Plan 1
Short from current price with tight stop loss
1) Entry 3.6
2) Stop Loss 3.7
3) Take profit 3.45
Trade Plan 2
Long if hourly candle closes above 3.65
1) Entry 3.65
2) Stop loss 3.43
3) Take profit 3.9
ENJ/USDT CorrectionAs you can see ENJ has completed its fifth growth wave and entered a correction. There was also a bearish crossover on the WT cross and a bearish divergence was applied. On the ADX you can see that the bears are pushing into the market and the bulls are letting them have it. My assumption is that wave B should be slightly higher than the fibbo level of 0.236. Wave C should end up between wave 1 and wave 4.
ENJ Enjin Strong :)Enjin is taking off with the rest of the gaming coins :) Daily chart looks strong for upwards movement ...