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ENJUSDT

ENJIN 45min Outlook/Triangle breakout confirmationHi guys. ENJ in one of the projects I have been following for quite some time, and it gave good results, so i think this is just a far signal to share with you. The breakout of the triangle was seen on a one hour outlook while the markets were retracting and started recovering, and now we are seeing a confirmation on 45min chart, but still yet there is an overall bearish pressure on the market, so I suppose that we will see a more volatile move, but the overall structure on the chart is bullish both short term and mid term. TP 1 is 2.2 usd, TP. 2 is 2.4. and TP 3 is 2.4 usd. SL should be bellow the middle line of the triangle formation, or the red line to give it a bit more space, although this is a spot signal not a futures signal. Not a financial advice of course, DYOR! Good luck! Will update on the outcome.
Long
by ModesTr6d9r
2
ENJUSDT Bull Run Will Continue! ENJUSDT (1H CHART) Technical Analysis Update Waiting for the Flag Pattern breakout ENJ/USDT currently trading at $1.66 Buy-level: only enter after flag pattern Breakout ($1.67- $1.70) Stop loss: I will update once I see the breakout Target 1: $1.88 Target 2: $2.00 Target 3: $2.20 Target 4: $2.50 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Long
by GreenCryptoTrades
10
tip: frenzy of NFT's token ! ENJ/USDT analysis-Non-fungible tokens (NFT) are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports cards to virtual real estate and even digital sneakers. ❇️Why they're important NFTs have become hugely popular with crypto users and companies alike because of the way they revolutionized the gaming and collectibles space. Since November 2017, there has been a total of $174 million spent on NFTs. What Is 🌟Enjin Coin🌟? Enjin Coin is a cryptocurrency for virtual goods created by Enjin. Enjin is the “largest gaming community platform online” with over 250,000 gaming communities and 18.7 million registered gamers. The Enjin team is designing the coin completely around gaming with the goal of it being the most usable cryptocurrency for the industry. The project includes the Enjin Coin as well as a suite of software development kits (SDKs) that developers can integrate into their games and communities. Bringing blockchain to gaming helps to reduce the high fees and fraud that’s prevalent in the transfer of virtual goods. ❇️-in a sign of just how frenzied the trading action has become, the ENJ token, from a startup company called Enjin, shot up 50% to surpass a market valuation of $1 billion. CoinDesk reported that Enjin planned to roll out two new product offerings focused on NFTs. ENJ is listed on big cryptocurrency exchanges including Binance and FTX, and there’s even derivatives contracts that can be used to bet on the price. ------------------------------------------------------------------------------------------------------------------- ✅TECHNICAL ANALYSIS As we can see in the weekly timeframe logarithmic chart , The current price roam about 1.21 $, Enjin has been trapped in a symmetrical triangle for three years since 2018, when he was finally able to escape after an explosive movement. Although the current price can be slightly corrected , but According to the last tall candle that has formed now, it is likely that it will reach the orange area directly to conquer the first target. (even without pullback to triangle roof or green support again). Reaching the first target is not unlikely even in the short term, but the next goals depend on conditions of crypto market and the green market . Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps), With proper capital and risk management and by setting stop-loss because everything in this market is based on probabilities and there is no certainty. -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades
Long
by PRO_SMART_Trader
4
ENJ/USD - Bearish divergence on parabolic move! Enjin find itself at resistance as indicated by the fib extension and $1.8 level. We also painted a bearish divergence on RSI which is not a good sign, however MACD is still looking very bullish so this is not a major concern now, however if we continue to push up and paint a bearish divergence, price will drop eventually, so keep that in mind. Since MACD histogram is looking healthy (expanding moving averages and ascending histogram) there are no reasons to be concerned right now. Volume also looks good. What needs to happen to remain bullish is for price to push above this resistance at $1.8, otherwise we may range and consolidate for a while as indicated by the green arrow. There is also plenty of room to drop if for some reason the market turns bearish, so keep that in mind. For now we remain bullish, but do expect a consolidation, seems likely. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
2
💡Don't miss the great buy opportunity in ENJUSDT @enjinTrading suggestion: . There is a possibility of temporary retracement to the suggested support line (1.5165). . If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ENJUSDT is in an uptrend, and the continuation of uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 74.20. Take Profits: TP1= @ 1.8000 TP2= @ 1.9900 TP3= @ 2.2410 TP4= @ 2.5000 TP5= @ 2.6790 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment. Let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
46
💡Don't miss the great buy opportunity in ENJUSDT @enjinTrading suggestion: . There is a possibility of temporary retracement to the suggested support line (1.5165). . If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ENJUSDT is in an uptrend, and the continuation of uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 74.20. Take Profits: TP1= @ 1.8000 TP2= @ 1.9900 TP3= @ 2.2410 TP4= @ 2.5000 TP5= @ 2.6790 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment. Let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
14
Enjusdt Broke the down trend line looking for an opportunityRight now the price has broken a Down-trend line and now is ready to go higher. According to macd, stoch rsi, and Rsi signals, there might be a small retrace to the support line on 1.093$ and then a bounce up and that price might be a good entry. If the price breaks below that level there is a high chance for it to go even lower to 0.906$, 0.07714$, 0.6560$ if we don't hold the first supports. P.S: This is not financial advice. Always do your own research. Please drop like and comment and follow for more and to support us ♥.
by Sitack
Enj/usdtENJ has grown well in recent weeks, but now the situation is different so you have to be patient and trade carefully. If the market continues to decline and Enj rejects its support at 1.08, a fall to (0.87 and 0.67) is possible. But if the market returns to normal and ENJ is supported and crosses the same range of 1.12 to 1.2 with strength and we see a few positive candles, we can expect a rise (1.519, 1.70 and $ 2). (Bitcoin conditions also affect) Good luck. Like and comment please ♥️✏
by Moein_Haddadian
4
ENJ/USDT Preparing The Rocket To Fly Again 🚀🚀🚀💡 Trade Idea 📈 ENJ/USDT | Buy Limit @ 1.2792 🎯 Target Profit 1.4210 🛑 Stop Loss 1.2212 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was in a clear upward movement where it posted a lower correction to the 1.2792 mark. We have a confluence zone between this support and the 61.8% Fibonacci retracement which might cause a pump to the upside toward 1.4210 mark.
Long
by PriceActionDesk
2