ENJUSDTEnj now is making a good correction with the last leg C, so the price now is at a good support and trend line that we hope to bounce from any of them
To have a safe entry you can wait for the breakout or u can take the risk with a little SL under the green line
Wish all the best for u and good day
ENJUSDT
ENJUSDT Attaractive chartOver the past month, the crypto space has seen vast sums of money pour into Metaverse projects. The leading crypto exchange KCS and blockchain gaming platform ENJ allocated $100 million to build the Metaverse. In contrast, the existing virtual world gaming projects MANA and SAND have seen their tokens soar over 500% since the start of November...
ENJ, big volumes on every drop, why is that a good thing? A trend line has formed on the ENJ chart, which is currently acting as resistance. It is worth noting that with every drop the volume increases, which is a good signal that the big players are picking up liquidity. A breakout of the trend line could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Here is How ENJ can reach It's ATH once againHi every one
ENJIN COIN / TETHERUS
ENJ is in a Cup & Handle Pattern. The Break out Needed for Ascending Further Has Not Happened yet, But If The Expected Break out Happens, we Can See a Bullish Movement as Much as The Measured Price Movement. (AB=CD) if our Predictions become True, ENJ will reach It's ATH once again.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
ENJUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
Entry: market and lower
TP: 3.2 - 3.6 - 3.9
after first target reached move ur stop to breakeven
Stop: ~2.1 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward 1 to 2.5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ENJ - Open position in this scenarioBYBIT:ENJUSDT
4H trend chart
-
ENJ is converging and approaching to the end of triangle.
It encountered resistance from the downtrend line many times.
If price can breakout this trend line, trading strategy as below.
-
Profit Targets:
a) 2.9475----Fib(1)
b) 3.0645~3.1120--------Fib(1.272~1.382)
c) 3.2140----Fib(1.618)
Stop losses:
a) 2.6615-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
ENJ ANALYSISHere's a quick look at ENJ 4hr chart . As we can see, the price has been showing a trend line resistance and moving also in the symmetrical triangle .
we need to break this triangle
Also formation of box t hat also need to break first for further go.
Now its time to wait and hold it
Definitely one to keep an eye on .
The best entry at Support level, also on trend support and after breakout and retest.
Targets
3.264$ , 3.956$ ,4.837$
THANKYOU
ENJUSDT - LONGBased on technical factors there is a long position in ENJUSDT Enjin Coin
ENJUSDT Enjin Coin
Score 1️⃣
🔵Long Now or set on Key Level 2.595
🟢Target 1 2.700
🟢Target 2 2.820
❌Stop loss 2.560
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
Prepare for a short orderOn the 4H TF, I see BINANCE:ENJUSDT has done the fourth wave at 3.34 and the last wave has been happening.
ENJ has done the first wave at 2.55. Then a pullback to 2.975. At this level, we can give a short order with SL 3.145 and TP 2.155 or expanded around 1.5
Time will tell
ENJ - a trend line has been formed, but a large volume has come Bitcoin has broken its local trend line, big volume appeared at the top and this is not a good signal. Therefore, there are several market scenarios to consider now.
There is a trend line on the ENJ chart, the price is testing the trend line for the fifth time, with each test the resistance is weakening and a breakout might come soon. I don't like that the ENJ also has a big volume on the top.
In case of a breakdown of the trend line, there could be a good buying opportunity. In case of a false breakdown a good opportunity to sell.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
🕹️ ENJIN = Here We COME!!! 🍊Let's go Top-15.
Here is our updated chart with key levels (keep it round: 3...4...5!)
Nice article:
Buy Enjin Coin If You’re Bullish ‘Meta Mania’ Will Continue
It may have spiked in price during October and November, but metaverse cryptocurrency Enjin Coin (CCC:ENJ-USD) has sold off considerably in recent weeks. Dropping more than 46.7% from its all-time high on Nov. 25, this smaller “metacoin” has seen a slightly greater drop in price than its larger peers, such as Decentraland (CCC:MANA-USD) and The Sandbox (CCC:SAND-USD).
Yet while the metacoins trend seems like it could be as flash-in-the-pan as the “pupcoin” trend from a few months back, I’ll admit there may be more substance to this latest crypto-related phenomenon. Or else, tech giants like Meta Platforms (NASDAQ:FB), aka Facebook, as well as Apple (NASDAQ:AAPL), wouldn’t be gearing up to try and dominate the metaverse equipment space.
With this, the recent cooldown in “meta mania” may just be temporary. Much like how crypto in general has moved in waves, yet has steadily increased in value over time, the same thing could happen here with meta-themed digital assets.
Start Your ENJINS,
The FXPROFESSOR
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