ENJUSDT
ENJ don't worry about it (whales and technical analysis)Hi guys this is my technical analysis (in H4 time frame we have good position in stochastic Rsi) it will back and pump t o5$
and my fandamental analysis is the whales be sure look to the whales behavior. whales are buying ENJ and put them in their wallets
Whales are buying a lot of BNB amount when BNB is 200$ now BNB is 570$
this scenario can be for ENJ
good luck :)
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: $3.95
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Enj in a bullflag and Eliot combined with double bottomIn the 1H chart, there is a double bottom inside a possible bull flag that signals a strong bullish market. also we can combine it with and Eliot wave which we are finishing wave 2 and going for a long ride on wave 3 to 5$+ 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.
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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.
#ENJusdt #ENJEasily we can reach our first target around $4.9.
ALSO, $3.18 is a Golden area to BUY.
#Enj description:
The coin of a company that provides blockchain-based gaming products and a social gaming platform has shot up nearly 1960% since the year began. ... On Wednesday, Coin base said it would launch ENJ on its platform and trading will commence on April 9, if liquidity conditions are met.
Share my idea with your Crypto lover Or trader!
ENJUSDTI'll make this fast:
Open long positions and close on those TP areas as shown on chart.
For a safer strategy: Wait for the Confirmation and closure of a 4H candle above resistance just to make sure. (ENJ had a big pump already)
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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ENJ/USD - Bullish golden cross to heaven! $4 next? 🚀Enjin just painted a bullish cross on daily MACD. This is very bullish particularly as volume on these last two days was very strong!
This all indicates we should expect continuation of this price action and the most likely level that can pose some resistance is around $4.
Therefore, I am very bullish on Enjin and should give some strong gains in the future. Indicators including volume are very bullish.
However, don't exclude a re-test of support at $3. Bulls may be too strong and not allow price to fall that low, to be seen.
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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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ENJ LONG ON FUTURESwhen looking at price action we should be patient in the market. we know supports and resistances. in a trending market you are always looking for a flip to happen in the market. this is an example of a flip happening in the market. using ENJ and the possible good news it has coming in a couple day.
$ENJUSD - Wait for itHello everyone!
Enjin has shared some great news with all of us this week.
The launch of their first blockchain is going live on April 6, one of the initiatives to go carbon-neutral and introduce multi-chain NFTs.
Let's hope that these news will be picked up by some Enjin investors and we will see the token to complete the bullish flag, breakout from it and go towards $3.60.
The current 2.20 support is very important, though I don't want it to close below that support, even if it happens there are two pinpoints to support the uptrend, support at $2.08 and lower strong support zone which you can see on the chart.