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ENJ

ENJ - a trend line has been formed, but a large volume has come Bitcoin has broken its local trend line, big volume appeared at the top and this is not a good signal. Therefore, there are several market scenarios to consider now. There is a trend line on the ENJ chart, the price is testing the trend line for the fifth time, with each test the resistance is weakening and a breakout might come soon. I don't like that the ENJ also has a big volume on the top. In case of a breakdown of the trend line, there could be a good buying opportunity. In case of a false breakdown a good opportunity to sell. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
1
🕹️ ENJIN = Here We COME!!! 🍊Let's go Top-15. Here is our updated chart with key levels (keep it round: 3...4...5!) Nice article: Buy Enjin Coin If You’re Bullish ‘Meta Mania’ Will Continue It may have spiked in price during October and November, but metaverse cryptocurrency Enjin Coin (CCC:ENJ-USD) has sold off considerably in recent weeks. Dropping more than 46.7% from its all-time high on Nov. 25, this smaller “metacoin” has seen a slightly greater drop in price than its larger peers, such as Decentraland (CCC:MANA-USD) and The Sandbox (CCC:SAND-USD). Yet while the metacoins trend seems like it could be as flash-in-the-pan as the “pupcoin” trend from a few months back, I’ll admit there may be more substance to this latest crypto-related phenomenon. Or else, tech giants like Meta Platforms (NASDAQ:FB), aka Facebook, as well as Apple (NASDAQ:AAPL), wouldn’t be gearing up to try and dominate the metaverse equipment space. With this, the recent cooldown in “meta mania” may just be temporary. Much like how crypto in general has moved in waves, yet has steadily increased in value over time, the same thing could happen here with meta-themed digital assets. Start Your ENJINS, The FXPROFESSOR
Long
by FX_Professor
4
Enj to $3$enj got the breakout of downtrend on LTF. Green box has been accumulation zone. If $btc hold steady and continues up I expect and push to $3-3.15 within the next week or two. #enjusdt —————————————————————————————— 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!
Long
by DaCryptologist
3
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
Long
by FX_Professor
1
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!
Long
by TaneeshaG
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
BINANCE:ENJUSD
by Crypto4Everybody
2