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Enjusd

ENJUSD Symmetrical triangle nearing completion on 4HENJ USD looks very similar to many other crypto pairs right now, with a large symmetrical triangle forming on the 4H chart that's nearing completion. Looking for confirmation of direction on the move sometime in the next 24-48 hours. Volume is declining and is very low right now, so a high volume breakout indicates a large move measured by the impulse from the bottom to the top of the triangle. Bullish breakpoint looks to be around $2.62-$2.66, with a first target of $3.18, and a secondary target of $3.78 Bearish breakpoint will look for a 23-47% correction to the downside.
BINANCE:ENJUSD
by Crypto_Mayhem
ENJ 12h Do you still have the strength to grow?Two months have passed since the publication of the previous idea of ​​ENJ And here's how it worked: As we expected, the absolute maximum of the ENJUSDT price in the region of $0.48 was not updated from the first try. There was a drop to $0.29, a consolidation and from the second time they were able to break through and gain a foothold above $0.48 And then we have uncorrected growth. A small consolidation was near the level of $1.25, which was the first target of profit fixing for us. Probably one of the main factors behind this growth was the fact that Enjin Coin is an NFT token. And NFT tokens are now trying to hype no worse than Defi projects almost like a year ago. Now the critical level is $2.90 Fixing the ENJUSD price above this level will open the way for another upward impulse to $4.00-4.10 If sellers are activated right now, then a sharp drop in price by -50% to $1.25 is possible. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
18
ENJ/USD - Approaching the end or the beginning? ENJ finds itself at a key resistance point. I'd be surprise for us to pump higher here still. Maybe we push to $4 then crash? Hard to say because the charts gives us mixed messages, on one side we have the indicators that look very bullish particularly MACD while RSI is also bullish, but overextended, I mean look at it it's 96 on weekly and curving down... unless we explode higher, it's time to cooldown soon. Volume still looks healthy... but my take on this chart is that it is a high risk play at this time. Not worth the risk, even if we pump more. This bearish wedge we have formed, is not very reassuring for longs… we have to break above it to invalidate it. Then if we break down, we will easily touch $1.5 if not lower. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
by DU09
7
$ENJ, one more leg up for now?We're in a very bullish altcoin-year and those who have invested a substantial amount of their funds since January have done really well. Many if not most of the altcoins have done five-baggers, ten-baggers or even more. Yet we all realize that nothing goes up forever. How to decide when to get out? One of the indicators I follow is RSI. Once we see a continuous pattern of lower highs in the RSI, one has to be careful. $ENJ is showing such a pattern. The earlier chart I uploaded spoke of a target of 2.4 and I still stand by this, but the log charts shows that the strength is fading away. Does this mean we are coming to the end of the bull market for $ENJ? Not necessarily, but it does predict that we may be getting ready for a bigger correction and only based on the shape of that correction, we can decide whether we are at the end or about to start a new bull-run towards new highs.
BINANCE:ENJUSDLong
by Birdseye88
2
ENJUSDT To the moon!!ENJUSDT (4H CHART) Technical Analysis Update Waiting for the Ascending Channel ENJ/USDT currently trading at $2.41 Long Entry-level: Only buy after the ascending channel breakout. (above 2.60 level) Stop loss: I will update once I see the breakout Target 1: $3.00 Target 2: $4.00 Target 3: $5.00 Target 3: $7.00 Max Levrage :2x ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Long
by GreenCryptoTrades
17
ENJUSDT Bull Run Will Continue! ENJUSDT (1H CHART) Technical Analysis Update Waiting for the Flag Pattern breakout ENJ/USDT currently trading at $1.66 Buy-level: only enter after flag pattern Breakout ($1.67- $1.70) Stop loss: I will update once I see the breakout Target 1: $1.88 Target 2: $2.00 Target 3: $2.20 Target 4: $2.50 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Long
by GreenCryptoTrades
10
ENJ/USD - Bearish divergence on parabolic move! Enjin find itself at resistance as indicated by the fib extension and $1.8 level. We also painted a bearish divergence on RSI which is not a good sign, however MACD is still looking very bullish so this is not a major concern now, however if we continue to push up and paint a bearish divergence, price will drop eventually, so keep that in mind. Since MACD histogram is looking healthy (expanding moving averages and ascending histogram) there are no reasons to be concerned right now. Volume also looks good. What needs to happen to remain bullish is for price to push above this resistance at $1.8, otherwise we may range and consolidate for a while as indicated by the green arrow. There is also plenty of room to drop if for some reason the market turns bearish, so keep that in mind. For now we remain bullish, but do expect a consolidation, seems likely. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
2
Enjusdt Broke the down trend line looking for an opportunityRight now the price has broken a Down-trend line and now is ready to go higher. According to macd, stoch rsi, and Rsi signals, there might be a small retrace to the support line on 1.093$ and then a bounce up and that price might be a good entry. If the price breaks below that level there is a high chance for it to go even lower to 0.906$, 0.07714$, 0.6560$ if we don't hold the first supports. P.S: This is not financial advice. Always do your own research. Please drop like and comment and follow for more and to support us ♥.
by Sitack
ENJ/USDT Preparing The Rocket To Fly Again 🚀🚀🚀💡 Trade Idea 📈 ENJ/USDT | Buy Limit @ 1.2792 🎯 Target Profit 1.4210 🛑 Stop Loss 1.2212 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was in a clear upward movement where it posted a lower correction to the 1.2792 mark. We have a confluence zone between this support and the 61.8% Fibonacci retracement which might cause a pump to the upside toward 1.4210 mark.
Long
by CollegeofPips
2