ENJUSD Bullish Case (Weekly Timeframe)This is a very fascinating coin at the moment!
Price at the weekly uptrend support zone!
Even though (technically) the overall structure is bearish but we can ignore the presence of such a strong weekly support!
If the price bounces northwards then this might be a very good indication for bullish moves on ENJIN Coin!
ENJUSDT
ENJ/BTC MA Structure This formation of moving averages layered 50,100,200 is a great candidate for bullish action
This is shown in right slide, which is BTC's legendary run to 20K in 2017
Enjin on the left is showing the same MA state hinting at bullish potential
As its easier for price to move upward with MA's like this, the path of least resistance is taken
I am long ENJIN
CRYPTO - ENJ - Another Wyckoff with the hard yards behind us.CRYPTO - ENJ - Another Wyckoff Accumulation with the hard yards behind us. We have moved through to the test phase.
RSI setting higher lows showing selling strength is weakening.
Volume is increasing.
STO has bottomed out and is heading back towards 80 for another run.
We should head towards 1.80 for the sign of strength phase of the wyckoff and then back through 2.00.
Target 1 = 1.99.
Stop loss 1.49.
ENJUSDT , what should we do now ?Hello guys
whats up ? everything is okey ?
We are faced with a complicated chart
The trend of chart is downward trend and in here we are encounter with the first support
when the trend is downward we should take short position but because of market that is bullish in few months later we should buy and hold and take long position in sensitive area
Futures traders should take short position if first break and pullback then take short until reach second resistance if you wanna take long position wait until the trend want to change and after that you can take long position
For holders : guys buy some of ENJ in every support area and hold it until the last resistance break then you can sell it
ENJ coin is one of the best coin in crypto ( its base for games )
Fundamental is important
dont forget stop loss
if you have any question ask me with send me mesaages
Good Luck
Abtin
$ENJUSD - Falling wedgeHello everyone!
ENJUSD is about to complete the correction and breakout from the falling wedge.
As a rule wedge has a 5-wave pattern, however to go long, wait for the breakout from the wedge and go long.
Chart 4H and chart 1H synchronizedsqzmon and adx 4H & 1H synchronized
Target TP1:
not financial advice
ENJ possible breakout!ENJ has been lagging behind when a lot of alt coins have had some massive gains recently. Now I think it could be ENJ’s turn to make a move.
You can see on the daily chart here that it is testing the neckline in an ascending triangle. If it can break the neckline the dashed lines would be areas of target prices. Hope this helps!
Happy trading!
-Orbit Corey
ENJIn the daily time frame, it has made a small ascending channel and it is oscillating
It has a resistance in the range of $ 1.65
In case of failure (due to the market atmosphere, it is likely to be broken) it will reach the specified limits in the short term
In case of temporary fall of the market, the best area to buy is the yellow box
Start your ENJIN!Enjin Coin broke up this triangle 📐 and I think ENJ can go to 2.37 and even higher. I'm already in. Ladies and gentlemen, the race just started! 🏎️🏁
ENTRY : local high @ 1.999
SL : local low @ 1.93
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 2.37
RRR : 5.4
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!
$ENJUSDT - Must close above 2.1945Hello everyone!
Enjin shows a great strength and bullish signs however watch for the closing of this 4H bar.
ENUSDT must close above the previous high to continue the run, RSI is overbought, so trade with caution. Wait for the breakout.