ENJBTC
Easy Loot | $ENJ/ETH Weekly TradeBINANCE:ENJETH | Estimated Time: 2 Weeks
Snipe Entry: 68202
Fomo Entry: 69802
Easy Loot Target: 75577
Target: 79970
Stop-Loss: 68104
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ENJ bullish divergencePlease feel free to comment or challenge me on my TA. If you like my idea, please leave a like to show support.
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- Bullish divergence on the RSI (purple)
- Bearish divergence played out perfectly in the past (blue)
- Touching weekly support at 1701 sats
- Close to daily support at 1617 sats
- Touching the 100-day MA
- Forming a descending wedge
Bullish momentum on ENJ, but wait.Hello Traders,
The momentum still bullish with ENJIN after the support on this uptrend line test, but the price still below the short term resistance line so the moment is time for do nothing and watch the price test the support and resistance to see which direction the price gonna go so we can go with.
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ENJ buy opportunityPlease feel free to comment or challenge me on my TA. Or leave a like to show support ---------------------------------------------------------------
- ENJ setting higher highs and higher lows
- Stoch RSI hit 0.99. Has performed well after this in the past
- Overal market sentiment is bullish
Entries:
- Bottom of the channel around 1800 sats
- Weekly support at 1701 sats
Targets:
- Daily resistance at 1986 sats
- Daily resistance at 2325 sats
#Enjin Coin BTCWe still expect another bullish wave in the medium term
Prices may drop on the white lines shown in the analysis
Please support the idea by pressing the like button
Profit so far on the channel
#DOCK +25%
#AMB +63%
#KAVA +66%
#ANKR +45%
#TROY +65%
#BQX +70%
#STX +37%
#OGN +21%
#POLY +70%
#TCT +70%
#CHR +32%
ENJBTC | Parabolic Curve | Trade Setup ENJ BTC
Points to consider:
- Respecting the very bullish parabolic formation
- Testing structural support
- RSI above 50
- Below average volume
- Price respecting and trading above 21 EMA
ENJBTC retracing to test structural support after an impulse move to the upside
Currently respecting the parabolic curve and trading 21 EMA both serving as very bullish indicators
RSI also above 50 and forming a symmetrical triangle, a break to the upside will support the bullish bias
Below average volume is an indication of an influx being imminent, this will also coincide with the possible breakout
Next target will be the .5 Fibonacci retracement in confluence with structural resistance
ENJIN COIN (Enj Usdt) Short Term TargetIt has created 3 different trend lines since March. It has now touched the third trend line and is about to form a cup and handle. My first target is 0,23566. And if the fourth trendline occurs then second target is 0,3157.
In addition, the wedge formation that fell next to the trend line on the 2-hour chart has formed and is about to end.
This is not an investment advice. It is my own personal work. good luck to everyone.
ENJ / BTC Moving On A Parabolic CurveENJIN (ENJ) is moving on a parabolic curve which oftenly moves in parabolic price action and immediately sells off at the end of the curve. You can Google the term "parabolic curve" and see the symbolic chart which represents the typical price action.
Watch out the "buy the breakout" level and as soon as it breaks above, enter the trade and put your stop loss just below that level and let it ride.
Good luck!
Uptrend channel in ENJ/BTCHello Traders,
ENJ/BTC is inside an uptrend channel after breaking out.
On the daily charts, we can see a weakness to continue the uptrend movement, that is why we believe the price will test the support of this uptrend channel.
But we are seeing this asset on bullish momentum so expect the price continues the uptrending in the short term.
Best regards, Sandro and Gustavo.
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