ENJUSD - Monthly Gaussian Channel The Gaussian Channel top band has provided a consistent support area for price on this Monthly timeframe
Currently price is tested this area
The question is will this area hodl as it has in the past?
Enjincoin
BUY on Trendline SupportENJ and many altcoins was recently oversold in our RSI and hit Trendline Support. I think this is a high possibility to bounce in this area and hit TP before squeezing its way to what ever direction. Trade Safely.
ENJ/USDT BUYING SETUPENJ rejection after hit resistance bullish flag trendline , and also any inverted head and shoulders pattern now correction to make right shoulders IHNS will valid if rejection not breakdown the support
potential breakout and continue upward movement
Buy zone : 0.635 - 0.585 - 0.5
Target : 0.7 - 0.744 - 0.784 - 0.837 - 0.904
Stop : 0.47
Enjin Coin (ENJ) - June 1hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ENJUSDT 1W chart)
Below 0.563 is likely a long-term investment area, so you need to trade cautiously.
(1D chart)
In the short-term and medium-term perspective, it needs to move above 0.744 for support to turn into an uptrend.
Accordingly, it is an important issue whether it is supported over the 0.673-0.744 range.
(buying)
- After confirming the support at 0.744
(Stop Loss)
- When the resistance falls below 0.673
- When it falls below 0.563
(Sell)
- When resistance is received in the 0.943-1.124 section
- When receiving resistance in the 1.626-1.878 section
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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ENJUSDT Long Setup!ENJUSDT Technical analysis update
ENJUSDT currently trading at $0.69
Buy level: Above $0.725 (only buy after the price breakout)
Stop loss: we will update once we see the breakout
Resistance 1 : $0.78
Resistance 2 : $0.86
Resistance 3 : $0.92
Resistance 4 : $1.00
Always keep stop loss.
Thanks
Hexa
BUYING ENJ/USDT (SWING)$ENJ has hit support and make a strong rejection , Consolidation movement we can swing in this situation .
in lower time frame potential make a IHNS pattern
Indicator like RSI and stochastic showing oversold , we can setup entry
Buy zone : 0.666 - 0.646 - 0.625
Target : 0.695 - 0.712 - 0.742 - 0.774 - 0.876
Stop : 0.6
ENJIN COIN WARMING UP ITS ENGINESGood morning all
We will be looking at the ENJ/USDT pair this time around
Lets begin!
In our previious analysis we pointed out regions where price could bottom out for enjin coin, as shown below;
Price is trading at that level currently and we have ourselves a Regular flat correction in play judging by the price action.
In theory a regular flat has it's C wave to be 61.8%, 100%, or 123.6% of wave AB. So far we have a 100% retracement leaving us with our worst case scenario zone aligned with the 123.6% fib support level. That said, this is a very good buying opportunity (don't take my word for it)
Our targets for the 5th wave fall within the $12-$15 dollar range depending on where the bottom will be.
Past analysis linked below
PLEASE APPLY PROPER RISK MANAGEMENT!
If you agree with the idea, pls like, share, and comment your thoughts below.
As always, feedback is appreciated!
ENJ/usdt 1d - falling wedge📍the asset draws another wedge. Now it's too early to talk about the entrance, the figure is not drawn to the end. We have already taken profit on this asset when breaking through a large wedge.
Now we will act in a similar way: if it breaks up, you can buy.
If we go down, we will most likely enter a sideways movement at the level of $1.19.
🀄Watching
WHERE IS THE BOTTOM FOR ENJ? - ENJIN COIN ANALYSISIn our last enj analysis we talked about how price needed to reach at least the 61.8 retracement level of correction wave B as shown below
Now that we have reached and bounced from the 61.8 level, what comes next?
It appears our currect wave C has created a falling wedge pattern, which could soon be confirmed as a Running flat pattern 3-3-5 correction if we get another leg down.
Levels to watch out for buying are the 76.4, 85.4 & 90.0 fib regions. Have some orders at the 100% retracement level too(0.735) but i'm doubtfull of it.
Global View:
Should the above scenario play out, We will have ourselves targets ranging from $10-25
1st Target- Previous ATH
2nd Target- $10-13(1.382)
3rd Target- $17-25 (1.5-1.618)
If you agree, pls like and share your thoughts in the comments.
Always manage your risks.
long buy position for #enjin long buy 1.20 sell at 1.55 40% profit wait the fear and buy it good luck boys
Enjin Coin ENJ Price Targets and Stop LossENJ/USDT
Entry Range: $1.37 - 1.46
Take Profit 1: $1.72
Take Profit 2: $1.90
Take Profit 3: $2.20
Stop Loss: $1.25
🕹️ ENJIN - 3rd Attempt to Breach Over Resistance 🍊As we have covered many times before: 3rd attempts tend to have increased chances of breaching over.
The resistance lies at 1,89 and once (and if) breached over it will become support.
We have stated before that ENJIN has potential for Top-15:
In a similar manner we had called for Avalanche to make it to the Top 10 :
Let's hope to be right about ENJIN too!
ps. That was the first time we posted about Enjin, after a classic, textbook breakout: Perfection!
One Love,
the FXPROFESSOR
ENJ/USDT Chart Hi, I try to post often so if you could follow me and like it would mean a lot to me. I also posted a BTC idea today so check that out.
I am very bullish on ENJ on the mid term and I believe that we will eventually reach 2$. For now I would like to show us this long set up on the 4H chart. The coin has a bullish divergence on this chart and things are looking nice on this time frame. The RSI of the coin was undervalued and ENJ had a rejection at 1.51$ suuport. With BTC in the current conditions (go check my other idea) I believe that tomorrow will be a good day for longs.
Comment what you think.
I will post more ideas this week but there is no stream friday. Sorry for the inconvenience.
ENJ update ; potential bottom pivot hereENJ update ; potential bottom pivot here
obvious patterns repeating. the exact same bottom has formed here albeit a bit stretched out.
question is, does it hold?
macro pivot point right here.
seems a bit tooooo obvious. break down should also be expected. place your bets.
enj enjin coinEnjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Enjin Coin Higher Low Can Lead To 200% GainsWe have a long-term higher low on the ENJBTC (Enjin Coin) chart.
We also have a falling wedge pattern with bullish indicators.
The next price jump can easily hit 70% in gains and up to 200%+ if we reach a new high.
You can find more details on the chart.
The blue dashed line is the stop-loss.
A full candle close below this line negates this analysis.
Thank you for reading.
Namaste.
Enjin Coin ENJ Price Targets and Stop LossENJ/USDT
Entry Range: $1.76 - 1.96
Take Profit 1: $2.26
Take Profit 2: $2.64
Take Profit 3: $3.20
Stop Loss: $1.57
Trading Signal For ENJUSDT Enjin CoinTrading Setup:
A Trading Signal is seen in the ENJUSDT Enjin Coin.
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 1.70
⭕️SL @ 1.55
🔵TP1 @ 2.00
🔵TP2 @ 2.30
🔵TP3 @ 3.20
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
yoy yoy ENJ is hereits very simple trade 1|6
it means IF you lose you will lose 1$ but IF you win you will get 6$
be wisely trader. and hope for all wonderful trades
see you
ENJ broke out ENJ broke out (like many other coins/tokens lately) from a falling wedge and right now I think it has hit its first resistance. To confirm what I see on chart and VLPR you can check with BB where price is over the upper band and ichimoku cloud where price approached the cloud from below.
Today volume spiked but I think that a good entry bid shouldn't be placed over 1.5 USDT. I'd do like this:
- a third at 1.5 USDT
- a third at 1.44 USDT
- a third at 1.33 USDT
off course follow the price action with alerts and stop loss in order to avoid seeing price going pumping or dumping all of a sudden.
Good luck.
is ENJIN prepared for $28?crab harmonic pattern:
X=$219
AB=0.38 XA
BC=0.88 AB
1.6 BC=$3.8
0.61 XA=$5.5
2 BC=$13
0.78 XA=$27.8
2.24 BC=$28.34
0.88 XA=$73
2.6 BC=$96
1.13 XA=$769
3.6 BC=$2417
1.27 XA=$3029
1.41 XA=$11480
4.23 BC=$17760
1.6 XA=$85526
ENJ/USDT BUYING SET UPENJ Potential break double bottom pattern , volume showing big buy volume on daily chart
MACD Showing bullish crossover on daily
Target mentioned in the chart
Stoploss : $1.57
Risk : 5%
🕹️ ENJIN - Potential for Top-15 🍊24$ would be the Enjin price if it was at # Rank 10, around 10$ for Top-15
Doable but first the 1,83 level must be breached and that is now resistance.
Let's go step by step here:
We are long until 1,83..... we will ne even onger once 1,83 is breached over (Buy stop orders here).
One Love,
the FXPROFESSOR
