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ENJ

ENJ/USDT 4h simple analysis in 8th/JunHi, crypto traders. ENJ is in a Strong Downtrend now. As I predicted yesterday, the price started to move with a big impact. The price went down and broke 20h (red) line to the lower side. Because the sequential order is 240h (green) line > 80h (blue) line > 20h (red) line > the candle, the trend is a Strong Downtrend. The candle already reached my 1st target: 1.23USD and broke it. If the price keeps under 20h (red) line, this downtrend continues. We shouldn't buy ENJ in this market. ==TODAY’s Check Points== - The candle changes positively and breaks 20h (red) line to the upper side? - The candle continues to go down and reaches 1.00USD? ==TODAY’s Target Price== ENJ goes up: 1st target: Cross-point with 20h (red) line 2nd target: Cross-point with 80h (blue) line 3rd target: Cross-point with 240h (green) line ENJ goes down: 1st target: 1.00USD (A nice round number) 2nd target: 0.735USD (the lowest price in 23rd/May) 3rd target: 0.475USD (the lowest price in 28th/Feb) Enjoy your trading. ================================= #Event schedule xxx/2021: NFT.io launch (nft.io) xxx: Efinity launch #Latest Enjin blog/news (in 7th/Jun) Utilify: Connecting the NFT Multiverse enjin.io
Short
by Bot_Muto
1
ENJ/USDT 4h simple analysis in 7th/JunHi, crypto traders. ENJ is in a sideways market. The price is stable and MA lines are very close now. Normally, if MA lines are close, the next move has a big impact. But it's difficult to predict the price goes up or down. We should wait and see the next trading timing today. ==TODAY’s Check Points== - The candle goes up and reaches 1.75USD? - The candle goes down and reaches 1.23USD? ==TODAY’s Target Price== ENJ goes up: 1st target: 1.75USD (the last highest price) 2nd target: 2.06USD (the highest price in 27th/May) 3rd target: 2.61USD (the highest price in 12th/May) ENJ goes down: 1st target: 1.23USD (the last lowest price) 2nd target: 1.00USD (A nice round number) 3rd target: 0.735USD (the lowest price in 23rd/May) Enjoy your trading. ================================= #Event schedule xxx/2021: NFT.io launch (nft.io) xxx: Efinity launch #Latest Enjin blog/news (in 7th/Jun) Utilify: Connecting the NFT Multiverse enjin.io
by Bot_Muto
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. As always if you enjoy the content don't forget to click the like button and make a comment on your opinion. Thanks MS ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
by Market-Snipers
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.)
by AlphaBravoCharlie77
4
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
Long
by FutureBlockchain