ENJ
ENJ 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
Enjin? No upward movement!ENJ is within wave B of wave Y.
Due to current correction pattern, I think it's a kind of triangle patterns.
If it is as I said, it would be a timing correction.
Therefore there is no specific upward movement because of the correction pattern completion.
Short - ENJ/USDTPShort
Reasoning,
Retest at resistance level confluence with supply zone (Gray box) and trendline,
Stoch RSI indicates overbought,
Take a risk 1% max...
Targets / invalidation point in the chart
ENJ BUY/LONG INCOMING! 1.20 to POTENTIALLY 7.00! Company Name: Enjin
Industry: CrytoCurrency | Blockchain
Technical Analysis
1. Large Flag / Pennant (Forming)
2. Fibonacci Retracement at 0.785 (Silver Zone)
3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: NOT READY
Entry Price: 1.20-1.25
1st SAFE Partial Take Profit: 4.7500
2nd Partial Take Profit: 7.0000
EXPECTED Take Profit in June-August 2021
ENJ Bull Flag Formed, Time for another leg up?Based on the depth of the chart and the forming patterns, a move up for ENJ could be possible today. Trade at your own risk and this is not financial advice.
I wanna buy more ENJ! ENJBTCENJ has blown up but does it have more? YES.
It looks incredible on the BTC chart with a head and shoulders formation completed, up is next
Decided to draw a house because that's my goal from investing in crypto.
ENJ best entry to make 65% ENJ
entry with the back to trend and support
ENTRY 2.033
TP : 3.34
SL : 1.38
Risk : 32%
Profit : 65%
ENJUSDT on Binance predictionRetested daily MA 20
Expecting sideways movement between 2.5 and 3.1
Opened buy at 2.6
Enjusdt long position 13%Based on our strategy Coinbull predicts the price to increase and reach to it's upper resistance area.
ENJUSDT UPDATE!!!!Hi Traders,
ENJ has currently formed a Head and Shoulders formation on the Daily timeframe. The second shoulder has failed to provide any volume with creating a lower high and a lower high shoulder compared to the first one. As this has formed not he daily timeframe it must be regarded as a strong formation and therefore a large move is due. Volume has tailed off significantly on the second shoulder and continuing to create lower highs. We will look for volume from either side as indication of where it wants to go. The first zone is our first line of support as there is a concentration of volume held in there and the 100MA can be seen within the zone. If this fails to hold as support expect prices to fall into the second zone.
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Thanks
MS
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ENJ USDT Idea'ENJ' forming a symmetrical triangle and if it breaks out from topside it can run a lot
wait for breakout and retest the green line with increases the volume
Update on ENJ - Still not time to long yetENJ is a rather obedient coin. Since Jan’2021, it has done the following within the same channel
Reach new all time high (ATH)
Retrace
Consolidate sideways
Repeat
The current retracement is par for the course for ENJ's price action since Jan'2021. I maintain my position that ENJ will touch the lower end of the channel around mid-May, and then bounce off to touch a new ATH.
In other words, ENJ's dip or sideway movement might continue in the short term till 2H-May'21. Long accordingly.
(I'm personally anticipating a short-term recovery from now till mid-May, and then another dip.)
ENJIN, ENJUST - ready to continue the uptrendHello all,
This is another update for the ENJUSDT pair that I'm monitoring and holding for quite some time. Both the fundamentals and the technicals are quite strong for this one and I can see it easily double in value if the strong general market uptrend in the altcoins remains.
As visible on the daily chart, we are currently at stage 4 in the pair's cycle which is a consolidation period after revisiting the demand zone. Back in February this was the $0.45 zone and the successful defend of that level resulted in a rapid growth in the price of ENJIN.
What we are seeing now in late April is a similar picture with the price of the altcoin rebounding from the $2 level and preparing for another leg up. What we need here is a stable daily close above he $2.7 level (again - similar to the $0.6 area from the previous breakout).
If we zoom in to the 4-hour chart we will notice that the ENJUSDT pair is already out of the downtrend and currently above all important EMAs, so the horizontal resistance is the only obstacle ahead.
1st target up - ATH daily close at $3.4 - 26 percent from here and breakout target from the triangle pattern.
2nd target up - above ATH value - 54 percent
3rd target up - flying target at 160% Fibonacci extension - 97 percent
Regards
ENJ move up in few daysENJ looks like very close to be ready to get pumped up, if you get in at this point, around 2.4- 2.5 I would suggest to take out investment at 5 usd as you have doubled there.
🔥 ENJ Short-Term Bullish ChannelOver the last few days, a small bullish channel has appeared on the ENJ chart. Currently, the price is near the bottom support of the channel, potentially ready to reverse in the near future.
Wait for the price to confirm the trend reversal before entering the trade.
Happy trading!
Get Ready for a big move by ENJUSDT!!ENJ is at 50 period moving average of 4h timeframe. Analysis is here.
Remember! This is analysis but still depends on BTC behavior. Trade safe!
