ENJUSDT
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.
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💡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
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💡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 ❤️
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.
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ENJ waiting to complete that triangleWe are currently in a Descending Triangle and we are waiting for the pattern to be completed. If we break below because we don't have strong support, it would be possible to drop down near the 0.8$ range. It can be a good short position.
Like and share your ideas in the comments. Thanks
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 ♥️✏
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.
ENJUSDT - looks strongerlooks stronger than the market!
- accumulation
- key level
- global uptrend
- locally uptrend
-buy after break out
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ENJUSDT H4: BEST Level to BUY/HOLD 150% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
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-24/7 uptime so constant updates
ENJUSDT H4: BEST Level to BUY/HOLD 150% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ENJUSDT 4hour chart review
::: chart looks good /strong
::: accumulation in range
::: some overhead resistance
::: expecting pullback
::: back to mirror S/R level
::: expecting short-term pullback 20%/30%
::: BULLS wait for re-test of key S/R
::: and BUY/HOLD after pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +150% gains later
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is 150% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +150% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
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Past performance is not indicative of future results.
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