Enjusdsignals
ENJUSD +20% profit potential on this buy opportunityEnjin Coin (ENJUSD) broke last week above the top (Lower Highs trend-line) of the Descending Triangle pattern that has been in effect throughout the whole year. This is a major bullish break-out signal and despite the rejection on the 1D MA50 (blue trend-line), the price action being similar to the June fractal, provides a strong short-term buy opportunity.
Even on 1D RSI terms, the fractals are identical and it appears we are at the stage of the final leg up as this pull-back is completed. This gives a profit potential of +20% and as a result, our short-term target is 0.30000.
ENJ can turn bullish on the long-term only if a weekly candle closes above the 1W MA50 (red trend-line), which has been the long-term cyclical Resistance since February 2022 and is currently about to test Resistance Zone 1 and the 0.382 Fibonacci level. If we get this closing above it, we will buy again and target 0.43000 (Fibonacci 0.618).
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ENJUSD hit the 1W MA50 after 1 year! Eyeing 1.0500.ENJIN (ENJUSD) is having a major bullish break-out today as not only did it break above the 1D MA50 (blue trend-line) for the first time in more than a month but also hit the 1W MA50 (red trend-line) for the first time in a year (since April 02 2022).
The chart on the right displays ENJ during its 2018/2019 Cycle and even though we need strong fundamentals to back such a strong and quick rally to the 0.786 Fibonacci level, a closing above the 1W MA50 now may be enough to initiate a steady rally to the 0.5 Fibonacci level, which is a little over 1.0500.
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ENJUSD 1st step made towards $1.50. 1D MA200 broken.Enjin (ENJUSD) broke today above its 1D MA200 (orange trend-line) for the first time since February 09 2022. Even though that is technically a major bullish break-out, the price is still inside a Channel Down pattern that started on the June low. We ideally want to see a closing above that Channel to call for the new Bull Cycle and the reason can be found back in 2018.
As the chart on the right shows, ENJ also marginally broke above the 1D MA200 on December 22 2018 after a multi-month period but as it didn't close above it, it failed and got rejected to one last (Higher) Low before the next leg delivered the first rally of the Bull Cycle, a rally that peaked at an incredible 0.786 Fibonacci level (just below).
Interestingly enough, the current levels of the 1D RSI are similar to that of February 26 2019 but the price is nowhere near the 1W MA50 (red trend-line). As a result, this time perhaps we should be suited for a less aggressive 1st Bull Cycle rally, technically more natural. The Golden Fibonacci Ratio of 0.618 is at $1.50 and that is our target for this year.
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ENJUSD is pricing a bottom. $20 long-term target.Enjin is trading below the 1D MA50 (blue trend-line) but is within a long-term Fibonacci Channel since March 2020 market sell-off. Based on the 1D Ichimoku Cloud and the LMACD, the current price is roughly at the same stage it was in late October 2020. I have a long-term target at +$20.00.
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ENJUSDT, Its ready to move upwards to the 1st targetHello everybody
ENJ is one the most powerful token of project that is working in blockchain gaming base
According to the chart you can see the price impact good to the support zone area that is trendline support and we expect the price to go up until reach to the 1st target.
Wait to do a liitle correct that these green candle and after that you can entrance in long position and buy until the target reach.
Dont forget observe capital management
Previous analysis :
Good Luck
Abtin
ENJ - Gamer Coin - Buzz light year pump incomingENJ - Gamer Coin
More channels. More lines.
Self scaling improvement coming as they are on the ol slow poke $ETH, which is obviously the weak point for them. And a lot of other tokens.
Good hype train on this one. Nice fan base. I missed it in March along with Zil, and if you remember they pumped first the hardest. Was annoying because I bag held them for so bloody long before that shitshow.
Bag up. Chart looks bullish.
ENJUSDT , We were begining new rallyHello guys
whats up ? did you take profit from the market this week ? put comment if you anyone take profit
In here after we break the key , the upward trend was started and now we are in upward and we had a sensitive zone that we broke it successfully and now in days ago we pullbacked to it for continuing the trend in upward , and we are in good situation for buy some ENJ in our portfolio and wait until the main tp reach and after that we need some rest to be ready for making new ATH
Until the sensitive zone is not break down and close below the last and lower shadow that touch the area , this analysis is valid
Enj coin is one the most power ful project that works in NFT project and game project is one the best blockchain in these area
Dont forget stop loss and money management
Be with us an sleep comfortably
Good Luck
Abtin
ENJUSDT Good BUY!ENJUSDT (1H Chart) Technical Analysis Update
Wedge Breakout
ENJ/USDT currently trading at $3.20
Buy-level: $3.10 - $3.20
Stop loss: Below $2.95
Target 1: $3.45
Target 2: $3.75
Target 3: $3.95
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ENJUSDT Bull Run Will Continue! #ENJUSDT (4H Chart) Technical Analysis Update
Resistance Breakout
ENJ/USDT currently trading at $3.30
Buy-level: $3.16 - $3.25 (Wait for the small retracement)
Stop loss: Below $2.76
Target 1: $3.75
Target 2: $4.00
Target 3: $4.25
Target 4: $4.50
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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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...
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#enjusdt #enjincoin #4hHi guys..its the latest analyze chart of #ENJUSDT in 4H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
ENJ/USD LONG SET UP FOR NEW ALL TIME HIGHSThe news was released on Tuesday and it says that game engineers will be able to benefit from what decentralized inventory has to offer, from integrating both gaming and non-gaming assets based on blockchain and from managing economic mechanics when it comes to the game play. Here’s what Maxim Blagov, Enjin’s CEO, said in a press release (blog.enjin.io) about the platform:
“OUR PLATFORM IS DESIGNED TO INTEGRATE SEAMLESSLY INTO NEW AND EXISTING GAMES ALIKE, PROVIDING A COMPETITIVE EDGE TO STUDIOS OF ALL SIZES AND ACROSS ALL GENRES.”
The ERC-1155 Token Standard Supported
The Enjin Platform is comprised of many services and tools based on supporting Ethereum’s ERC-1155 token standard web interface that developers may use in order to integrate non-fungible (NFTs) and fungible tokens in a smart contract. NFTs are used for crypto collectibles and most known for having some rare aspects. They use the Enjin coin (ENJ) (bitcoinexchangeguide.com) to back the in-game assets’ value.
ENJUSDT forming bullish gartley pattern | Upto 62% expectedPriceline of Enjin / US Dollar cryptocurrency is forming bullish Gartley pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.07010 to 0.05988
Sell between: 0.07815 to 0.09754
Regards,
Atif Akbar (moon333)