ENJ is about to move! Here's a quick look at ENJ 2 hr chart. As we can see, the price is close to breaking the triangle and we could see a bigger move soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the triangle with good amount of volume .
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The idea is: Buy the breakout from the triangle and take profits at the levels shown in the chart.
Targets:
1. 2.19$
2. 2.37$
3. 2.49$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ENJ
🕹️ ENJIN - Updated levels ENJIN 🍊Here is our updated ENJIN chart
Chart shows momentum, not sure if the token can do new all time highs but what you see on the chart is reasonable.
Great move by Enjin:
Enjin (ENJ) Holders Can Now Shop at Amazon, Walmart, Ebay, Following Partnership with Shopping.io
Reading Time: 2 minutes by Dalmas Ngetich on August 27, 2021 Altcoins
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Enjin (ENJ) holders can now shop for their favorite goods from Amazon, eBay, Walmart, and Etsy, following a partnership with Shopping.io, as per a press release on August 27.
Pay for Merchandise using ENJ Token
Shopping.io is an eCommerce platform, which supports several cryptocurrencies, including VET. It is one of the most active sites drawing thousands of users from across the globe.
It also has high-profile partnerships, including Binance Pay—a popular service by the world’s biggest exchange by client count–, Coinbase Commerce, Electroneum, and more.
The partnership is a welcomed move that extends the utility of the ENJ coin, which primes the Enjin ecosystem.
Enjin uses the ERC-1155 NFT standard in its ecosystem. The project continues to launch products that make it incredibly easy for its global user base to mint, trade, and distribute NFTs.
Their overarching objective is to bring NFTs to all users. For this reason, Enjin is accessible to individuals and businesses, enabling them to integrate NFTs in any of their strategies.
According to analysts, NFTs could impact several critical sectors of the economy, primarily gaming and the creative sector, giving more latitude to content creators.
Expanding Utility of the NFTs-Priming Token
Beyond NFTs, ENJ token holders would now use it to purchase everyday items from some of the world’s leading eCommerce sites via Shopping.io.
The platform has indicated that all of its crypto payments are processed via CoinPayments.
Concurrently, Shopping.io has announced a promotion where shoppers using ENJ to make purchases will receive a two percent discount. This deal will end on September 9.
According to Arbel Arif, the CEO and Founder of shopping.io, this partnership extends the utility of the ENJ token.
“We are so excited to collaborate with Enjin and give their community new opportunities to use their crypto on our platform!”
ENJ Joins the Expanding Shopping.io Ecosystem
ENJ is now one of the over 100 digital assets supported by Shopping.io.
Early this year, the crypto eCommerce platform launched its GSPI token on PancakeSwap. The DEX is the largest on the Binance Smart Chain (BSC).
Besides GSPI, Shopping also has the SPI utility token.
Using either of these tokens for shopping would see shoppers receive an extra two percent discount in all other account types except the lowest tier, “Free.”
ENJ/USDT : One of my favorites now ! dBINANCE:ENJUSDT
Hello everyone 😃
One of my favorites at the moment - price attempted to breakout but failed and is now holding at the upper range level.
As long as 1.7 remains as support, I'm expecting a break to the upside over the next day or two.
But there will be some other scenarios to happen !
- There is a stiff resistance zone above the current level which has rejects the pair recently.
- #ENJ is forming a bearish order block on daily TF, So current candle is important.
- The rejection below FIB's level is happening, So we need to care about that.
On other side :
- The S/R line has been captured by the movement !
- The 50% FIB's level can be a good support for #ENJ ATM.
- MA200 is reaching the movement, Which has been broken recently and it can become another support for #ENJ.
- There is a bullish trendline, Which has formed buy recent wicks at the mid-dip for #ENJ.
#ENJ can manage to pullback from stop-hunt zone if any dive happens... ( If #BTC rejects to hold the current support and dive to 44K level ).
There will be to levels to enter :
- At support on Stop-hunt zone with confirmation !
- After a hold above resistance zone.
🔴 If BTC continued to dive, Then it won't be a good idea to stay on bullish scenario, So the rejection is also possible !
Any rejection below MA200 and trendline will confirm the dive to $1 level or lower.
Hope you enjoyed our analysis about ENJ's possible directions🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is fluctuating close to the support line. We are currently waiting to see which direction the price wants to move. If the price penetrates into the support line and stabilizes, we consider the fall to the next support line. But if the price can break the resistance line and stabilize above the line, it can touch the target.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ENJ to test $2.30 this weekend?We've been creating Higher Highs & Higher Lows since the 19th & may very well continue this pattern heading into the weekend, if we do we may test $2.30 this weekend.
If we hit the $2.00 resistance we may find ourselves in a Consolidation phase heading into the weekend around $1.90 & $2.00 which would be a healthy consolidation for the coming week.
ENJIN: increasing gaines possible (NFT HYPE)Hi traders,
We are looking at the 1 hour chart of ENJ /USDT
We could see a bull flag forming if we take out the "emotional exaggeration".
Visa: "NFTs mark a new chapter for digital commerce"
Furthemore;
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. (source: coinmarketcap.com)
Enjin focusses on "online gaming".
"China" called online gaming "opium for the mind" which means:
1. People will use the opium;
2. Online gaming is a real threat (competition for attention)
Previous ATH was $3,4 (daily close)
Keep sharing your thoughts in the comments section and enjoy
ENJIN - Gaming Crypto landscape has changedEnjin had gone SO well for us and thank God we have the good habit of taking profit and re-investing.
AXIE INFINITY, Sandbox, ALICE, have all taken a piece of that pie (NFT/Gaming) and Enjin seems to be struggling for direction.
A lot needs to happen to see new all time highs but we still love our ENJIN and we carry some.
I did not buy Enjin because of the NFT craze. I bought it because of the research showing only good things about them but for the time being Cardano is a better option for my money, my opinion.
A nice one about Enjn here : Enjin Coin: All About Fake Swords, Fake Real Estate, And NFTs Near Future
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has been able to break its resistance and stabilize above the line. We have drawn a support line for you dear ones that can support the price. And we intend to be able to reach our goal over time.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
LONG ENJ/USDTStart accumulating ENJ/USDT. ENJ just broke out of the trendline and is expected to go 12% up from the current price. A retest is also possible therefore enter with a small position and accumulate more at the dip.
Accumulate between $1.62 to $1.72
SL: $1.57
Targets:
$1.77
$1.84
$1.93
Remember, we are going to accumulate this trade so do not use high leverage. Use max 5x leverage.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
ENJ to test $1.80?We've been in a strong sell-off & now testing the upper resistance, what makes me think we will see a Uptrend unfold is the RSI, we have created a Triple Bottom which usually leads to a bullish trend.
If we were to fall to the $1.50 resistance then we would see a Consolidation or Bearish trend unravel Tuesday into Wednesday.
ENJ/BTC { ENJIN COIN } - BULLISH SETUPANALYSIS 🔎
- ENJ/BTC is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.00003655)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has started to move higher after approaching the support line again and we intend to be able to touch the target. We expect the support line we have drawn for you to support the price again in the event of a fall.But in case of falling below the support line and stabilization, we can consider more fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Why Log charts can be helpful in the crypto marketAs you can see, previous peaks almost disappear and become irrelevant as each new bull move occurs
Log charts provide a more detailed perspective of price action
Its crazy to think ENJIN could be $140, if that $140 price was hit, would tower over the current peak which is already massive
ENJ 4 Phase UptrendHere I have created what I call a 4 phase Uptrend, it's us creating Higher Highs & Higher Lows. But I got a little fancy with it, but it's why I do believe we will see some type of pullback maybe even another Inverted Head & Shoulders.
Our next resistance is at $2 so we have a possibility to see that this weekend if this Bullish Market sticks around.