ENJ
ENJ CAN BLAST SOON #ENJ Trade Line Breakout Going On & #ENJ Have 50 EMA Strong Support So #Enj Can Blast Any Time
ENJ/BTC: Higher Lows, Looking for Further Momentum 2D (Aug. 13)X Force Global Analysis:
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In this analysis, we look at Enjin Coin's (ENJ) 2 day chart, identifying key trend lines and areas of support.
Analysis
- ENJ has been creating higher lows and higher highs, until recently it has had a corrective trend
- Prices bounced on historical support, marked by the blue area
- It is currently trading below the 0.382 Fibonacci resistance, and has tested the 0.618 resistance with a wick
- However, as the overall trend is bullish, we could expect further bullish price movement from ENJ
What We Believe
Given that Bitcoin ranges sideways for a while, Bitcoin dominance will drop accordingly, providing opportunities for a bullish altcoin market. The overall cryptocurrency market is bullish, just as ENJ's overall trend.
Let us know what you think in the comment section below
Trade Safe.
ENJUSDT ANALYSİSI have 4 positive signals
If you hold this coin wait EngineeringRobo ' s sell signal or you can sell at the resistance line( $ 0,2132)
ıf you want to buy it wait for turning resistance line to support line then you can buy it around $ 0,21- 0,22 and watch carefully EngineeringRobo' s signals.
If you want to use EngineeringRobo please dm me.
enj long position SR flip enjin coinEnj to Btc going long with a SR flip in place. as long as bitcoin behaves.
Are we there yet?There is a chance that 100 daily MA is now acting as support. It could take a couple days to confirm a clear bounce. It is also possible to see a drop to 200 MA. Might be ideal to wait and confirm 100 MA.
ENJUSDT ANALYSISThe candles are stuck in between the support line (0.15313) and the resistance line(0.21398). In my analysis shows the candles go down now, so before you buy, you should wait at the support line.
when you buy in at the support line if you sell it at the resistance line. your profit will be about 40%.
I think it is a good profit, so good luck:)
The bottom inLooks like ENJBTC may have put in a bottom at the 200 Daily MA. RSI looks great. The lines on the chart are a possible down trend. The upper line being where i'd be most concerned to see a rejection. ENJ could still be in an uptrend though I try and watch for bear and bull case always.
ENJ BTCENJ BTC - bullish AF! lookin good. unless we break to downside from a large BTC move, but i bet it would fakeout and pop back into the bullish trend. lets go!
ENJ 18 JULYWE ARE IN NICE BULLISH CHANNEL AFTER DUMP TO ICHI CLOUD ENJ START GROW UP TO TOP OF THE CHANNEL.
ENJ/USDT - Long - Potential 18%
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PAIR: ENJ/USDT
T/F: 1 HOUR
LENGTH: Medium
RISK - Medium
ENTRY: 17648
TP1: 17982
TP2: 18806
TP3: 19630
TP4: 20367
TP5: 20900
SL: 16597
NOTES:
- Be cautious with recent BTC uncertainty - follow with stop losses
- Uptrend
- Sat on Support Zone
- Huge Support Rejection Candles
- Oversold on RSI Deviance
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
Enjin Bounces of Ascending Channel Support - Buy OpportunityI really like this set up for Enjin vs BTC. The price action has been moving within this ascending channel since 2019 and recently confirmed support, giving us a nice bullish continuation setup. I outlined an inverse head and shoulders set up in green. It actually looks like we already broke the neckline and completed the pattern, but the price has returned back to the neckline which gives us a second chance to buy some before lift off. The MACD is bullish, holding above the zeroline with a near cross over the signal line. I'm long here! Look for resistance at the top of the channel, but don't be surprised if we bust right through it.
ENJ price above ichimoku clound next station "Moon"ENJ price above ichimoku clound next station "Moon"
Is this retracement done.
This move seems possible based on previous moves. One thing that does seem a bit off is the short amount of time till recent bottom. Also possible to see a long price in the next 7 weeks assuming that each Eliot wave takes roughly 10 weeks. The last one taking 3 weeks seems does seem to short.
This image is a bit more clear on price levels with less clutter on the screen.
ENJ BTCENJ BTC - had news recently but still no movement. i think everyone is busy in the other alts that are popping
#Enjin $ENJAnticipating breakout soon through descending TL. This should hold above lower TL and then target upper TL post-breakout.
Stoch RSI looking for a reset here. Potential support on RSI trend as well.
ENJ/USD- Retesting Break - Potential Entry IdeaENJ broke briefly from trend and is now retesting original break price.
I'd like to see a candle close above resistance before taking a position here and will be running a reasonably tight SL.
Target will be 20% from break if confirmed.
Alternate entry at the lower end of the channel or lower support line.
As always not financial advice, just thoughts and TA.
Bingaz
