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
Enjusd
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
STORJ update from Dec 2021Little update from Dec 2021:
STORJ Elliott wave played out perfectly since my last post from 6 months ago.
Going forward? Depends on how Bitcoin performs. I’d anticipate a multi-month accumulation phase before attempting any bullish breakouts. We’re at a great place to dollar cost average (DCA) but I would save some $$ in case Bitcoin retests $25,000 and possibly falls below. In that case, STORJ as well as the overall crypto market will also fall significantly.
Not financial advice, simply sharing my thoughts and providing a little update from 6 months ago.
Happy trading and Good luck to all!
BUYING ENJ/USDT (SWING)$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
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- $17-25 (1.5-1.618)
If you agree, pls like and share your thoughts in the comments.
Always manage your risks.
ENJ on the way to reach 1.05$(or 2.2$?)ENJ is in a Descending Parallel Channel Right now and This Means The Price Can Decrease further. But there is a Slight Chance that the Price would be able to Break the Bearish Channel & Reach 2.2$ again. But If It wouldn't be able to break the Channel, The Price Shall fall to 1.05$.
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Thank you for seeing idea .
Have a nice day and Good luck
ENJ - This horse is no more🚧- BTC is bearish
- Trend is bearish
- Level is clearly visible
- 4th touch
- Level is 50 days old and historical
- Under VWAP
- Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
💡Don't miss the great buy opportunity in ENJUSDT @enjinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.530).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 1.673
TP2= @ 1.855
TP3= @ 2.018
TP4= @ 2.196
TP5= @ 2.547
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in ENJUSDT @enjinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.530).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 1.673
TP2= @ 1.855
TP3= @ 2.018
TP4= @ 2.196
TP5= @ 2.547
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
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 In in a Broadening wedge & It can Do 2 Things!ENJ is in a Broadening Wedge Pattern. This Means It can range In It Since There is no Break out Happend yet! But The odds of Doing a Break out Right now Is Not Zero! Since The Market Has Started a New Bullish Trend It is Possible for ENJ to be able To Break the Broadening Wedge Pattern.Right now The Best Support Level for ENJ Sits around 1.7$. There are 2 Scenarios Right now! One Is That ENJ would Like To Stay in The Broadening Wedge & Reach 2.150$ and Start Correction From The Top of it Back to the Mentioned Support Level! another Thing Is That Enjin Coin Would Break the Pattern and Start a Strong Bullish Wave From There! The Biggest Resistance afterward is 3$! We Shall See The Reaction From The Resistance (2.150$ The Red line ) Soon!
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Thank you for seeing idea .
Have a nice day and Good luck