$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.
ENJUSDT
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
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$ENJUSDT - Must close above 2.1945Hello everyone!
Enjin shows a great strength and bullish signs however watch for the closing of this 4H bar.
ENUSDT must close above the previous high to continue the run, RSI is overbought, so trade with caution. Wait for the breakout.
ENJ is about to move! Here's a quick look at ENJ 2 hr chart. As we can see, the price is close to breaking the triangle and we could see a bigger move soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the triangle with good amount of volume .
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The idea is: Buy the breakout from the triangle and take profits at the levels shown in the chart.
Targets:
1. 2.19$
2. 2.37$
3. 2.49$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
🕹️ ENJIN - Updated levels ENJIN 🍊Here is our updated ENJIN chart
Chart shows momentum, not sure if the token can do new all time highs but what you see on the chart is reasonable.
Great move by Enjin:
Enjin (ENJ) Holders Can Now Shop at Amazon, Walmart, Ebay, Following Partnership with Shopping.io
Reading Time: 2 minutes by Dalmas Ngetich on August 27, 2021 Altcoins
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Enjin (ENJ) holders can now shop for their favorite goods from Amazon, eBay, Walmart, and Etsy, following a partnership with Shopping.io, as per a press release on August 27.
Pay for Merchandise using ENJ Token
Shopping.io is an eCommerce platform, which supports several cryptocurrencies, including VET. It is one of the most active sites drawing thousands of users from across the globe.
It also has high-profile partnerships, including Binance Pay—a popular service by the world’s biggest exchange by client count–, Coinbase Commerce, Electroneum, and more.
The partnership is a welcomed move that extends the utility of the ENJ coin, which primes the Enjin ecosystem.
Enjin uses the ERC-1155 NFT standard in its ecosystem. The project continues to launch products that make it incredibly easy for its global user base to mint, trade, and distribute NFTs.
Their overarching objective is to bring NFTs to all users. For this reason, Enjin is accessible to individuals and businesses, enabling them to integrate NFTs in any of their strategies.
According to analysts, NFTs could impact several critical sectors of the economy, primarily gaming and the creative sector, giving more latitude to content creators.
Expanding Utility of the NFTs-Priming Token
Beyond NFTs, ENJ token holders would now use it to purchase everyday items from some of the world’s leading eCommerce sites via Shopping.io.
The platform has indicated that all of its crypto payments are processed via CoinPayments.
Concurrently, Shopping.io has announced a promotion where shoppers using ENJ to make purchases will receive a two percent discount. This deal will end on September 9.
According to Arbel Arif, the CEO and Founder of shopping.io, this partnership extends the utility of the ENJ token.
“We are so excited to collaborate with Enjin and give their community new opportunities to use their crypto on our platform!”
ENJ Joins the Expanding Shopping.io Ecosystem
ENJ is now one of the over 100 digital assets supported by Shopping.io.
Early this year, the crypto eCommerce platform launched its GSPI token on PancakeSwap. The DEX is the largest on the Binance Smart Chain (BSC).
Besides GSPI, Shopping also has the SPI utility token.
Using either of these tokens for shopping would see shoppers receive an extra two percent discount in all other account types except the lowest tier, “Free.”
ENJ/USDT : One of my favorites now ! dBINANCE:ENJUSDT
Hello everyone 😃
One of my favorites at the moment - price attempted to breakout but failed and is now holding at the upper range level.
As long as 1.7 remains as support, I'm expecting a break to the upside over the next day or two.
But there will be some other scenarios to happen !
- There is a stiff resistance zone above the current level which has rejects the pair recently.
- #ENJ is forming a bearish order block on daily TF, So current candle is important.
- The rejection below FIB's level is happening, So we need to care about that.
On other side :
- The S/R line has been captured by the movement !
- The 50% FIB's level can be a good support for #ENJ ATM.
- MA200 is reaching the movement, Which has been broken recently and it can become another support for #ENJ.
- There is a bullish trendline, Which has formed buy recent wicks at the mid-dip for #ENJ.
#ENJ can manage to pullback from stop-hunt zone if any dive happens... ( If #BTC rejects to hold the current support and dive to 44K level ).
There will be to levels to enter :
- At support on Stop-hunt zone with confirmation !
- After a hold above resistance zone.
🔴 If BTC continued to dive, Then it won't be a good idea to stay on bullish scenario, So the rejection is also possible !
Any rejection below MA200 and trendline will confirm the dive to $1 level or lower.
Hope you enjoyed our analysis about ENJ's possible directions🙌
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Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is fluctuating close to the support line. We are currently waiting to see which direction the price wants to move. If the price penetrates into the support line and stabilizes, we consider the fall to the next support line. But if the price can break the resistance line and stabilize above the line, it can touch the target.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
update) ENJ should start correction soon.Hi every one
ENJIN COIN / TETHERUS
this is an update on the last analysis of ENJ/USDT. So as you can see the price has reached our expected target which was around 2.1$ ! ENJ has completed the crab pattern and now it's time for correction. The correction can be up to the 0.382 line of Fibonacci and note that after the correction ends the bullish trend can continue.
Previous Analysis:
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Thank you for seeing idea .
Have a nice day and Good luck
ENJIN: increasing gaines possible (NFT HYPE)Hi traders,
We are looking at the 1 hour chart of ENJ /USDT
We could see a bull flag forming if we take out the "emotional exaggeration".
Visa: "NFTs mark a new chapter for digital commerce"
Furthemore;
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores. (source: coinmarketcap.com)
Enjin focusses on "online gaming".
"China" called online gaming "opium for the mind" which means:
1. People will use the opium;
2. Online gaming is a real threat (competition for attention)
Previous ATH was $3,4 (daily close)
Keep sharing your thoughts in the comments section and enjoy