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ENJUSDT

Enj on reversed H&SEnj has been on a little correction and bounced from major supports successfully and now it is forming a possible reversed Head And Shoulders. There is a high chance of growth in the coming days. Enj is a great project with good fundamentals and a great team. Keep this coin under watch. P.S: I am not a financial adviser and this post is for educational purposes only. Always do your own research. . . . Comment what you think and drop a like if you found this helpful. There is gonna be a post for every new follower.
Long
by Sitack
ENJIN, ENJUST - ready for another leg up ?Hello, ENJIN is more than 2500% up since January 1 and as we can see on the daily chart, the general uptrend is intact as the price keep climbing in a well defined channel. IF the general crypto market bull run is to continue and is extended in the coming weeks to months then we can see points 1 to 4 on our chart below repeat again thus causing another good run in ENJIN's price. Very good coin for long-term investment in my opinion I think we can expect a further decline in price down to the demand zone (around $2.8) during the current pullback, most probably somewhere closer to the 21-day EMA on daily. On the lower timeframes, 4-hour chart to be more precise, it is clear we are in a bull flag formation. This means we can expect the coin to bottom pretty soon given the fact is is already halfway through the pole. The target zone is based on the pole length
Long
by FutureBlockchain
2
Enj in a bullflag and Eliot combined with double bottomIn the 1H chart, there is a double bottom inside a possible bull flag that signals a strong bullish market. also we can combine it with and Eliot wave which we are finishing wave 2 and going for a long ride on wave 3 to 5$+ target. Overall, Enj is looking extremely bullish for me right now. P.S: It is not financial advice. Always do your own research before opening a position. If you found this idea useful, leave a comment and click the like button. Stay tuned for more.
Long
by Sitack
5
Approaching the end of weak hands selloffTwo simple factors to consider about Enjin Coin: Incoming disruption of the NFT ecosystem through Efinity and Polkadot synergy Ecological relevance thanks to gas free minting through the Jumpnet framework WHO BOUGHT (AND WHY IT MATTERS) On the 7th of April the Coinbase listing created a massive catalyst effect, probably attracting a few whales into its space. This created a strong support at the 3USD level. WHO SOLDS (AND WHY IT MATTERS) Thousands of small players woke up with the temptation of a decent profit after participating in the ICO and buying in over the last 2-3 years. These small players HAVE NO IDEA about the two factors listed above or the fundamentals of Enjin. They mainly cared about paying off some mortgage, buying a car, spending money on some hookers, etc. It seems the head and shoulders pattern was invalidated today, this suggests me the sell-off ended. Volume tells us there were probably no whales involved in the sell-off. My idea is that we shook off the bad apples from the tree and ENJ is now free to climb its path towards being a top 10 crypto, as it deserves to be.
BINANCE:ENJUSDLong
by RudySunyata
7