ENJUSDT
Enjin Long Idea In the realm of crypto, ENJ takes the stage,
Enjin Coin, poised for a glorious wage.
A long idea emerges, swing trade in sight,
Parallel channels and OBV, shining bright.
Within the parallel channels, a journey unfolds,
A path to follow, where potential beholds.
As OBV diverges, a bullish sign appears,
A swing trade opportunity, diminishing fears.
With the risk-to-reward ratio at 1:9,
A chance for gains that truly shine.
On 10x leverage, we boldly tread,
Seeking profits, where fortunes are spread.
So let's embark on this ENJ trade,
With parallel channels as our guide, we cascade.
OBV's divergence, a tale to believe,
A swing trade potential, our goals we achieve.
But heed the call for cautious play,
Risk management must have its say.
Leverage carries its own weight,
Trade wisely, sealing a prosperous fate.
In this realm of crypto, where possibilities thrive,
ENJ's long idea ignites, as we strive.
With parallel channels and OBV as our cue,
A swing trade potential, for me and for you.
ENJ📊 #ENJUSDT
⏱ TIME: 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit: 0.295 $
📍The second buying limit: 0.255 $
📌TP1: 0.54 $
📌TP2: 0.75 $
📌TP3: 2.1 $
📌TP4: 5 $
ENJ/USDT - Enjin Coin: BBand_Breakout Super-Trend◳◱ A Bollinger Band breakout and a Super Trend pattern have been noticed on the NYSE:ENJ / CRYPTOCAP:USDT chart, indicating a bullish trend. The Bollinger Band shows a probable positive trend as the price has moved outside of the upper band, while the Super Trend confirms the bullish trend. To buy at the current price range and aim for higher levels would be a solid option. The key resistance levels are located at 0.4718 | 0.4931 | 0.5477, and the major support zones can be found at 0.4172 | 0.3839 | 0.3293.
◰◲ General info :
▣ Name: Enjin Coin
▣ Rank: 101
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Media and Entertainment - Gaming
▣ Overview: Enjin is a Singapore-based technology company that provides services for building gaming communities as well as services for blockchain game developers. Enjin provides a suite of tools based on a web interface that supports Ethereum digital assets in the form of ERC-1155 tokens. Enjin also operates a virtual goods marketplaces for digital assets on Ethereum.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.4571 ₮
▣ 24HVol: 5,560,477.083 ₮
▣ 24H Chng: 2.673%
▣ 7-Days Chng: 5.78%
▣ 1-Month Chng: 7.52%
▣ 3-Months Chng: 25.76%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.4718 | 0.4931 | 0.5477
◢ Support: 0.4172 | 0.3839 | 0.3293
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.88
▣ Last 90D: 1.31
▣ Last 1-Y: -0.77
▣ Last 3-Y: 1.01
◲◰ Volatility :
▣ Last 30D: 0.78
▣ Last 90D: 0.99
▣ Last 1-Y: 1.00
▣ Last 3-Y: 1.35
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.79 - V. Bullish
▣ In-depth ENJUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
✴️ Enjin Coin Highest Volume Since Mid-2021 | Bull-MarketYesterday's session produced the highest daily volume since April 2021.
Every time we see a massive increase in purchase volume this precedes a bull market.
This is no surprise, after the bottom is hit, the only place left to go is up.
The bottom was hit December 2022 for this and many other Altcoins, so the path is clear for growth.
Notice back in 2021 the massive increase in volume... Volume flat through late 2020 and then a sudden jump preceding a bull market.
The same is happening now.
Volume completely flat through late 2022 and a sudden jump happens yesterday...
There is potential for so much growth.
Namaste.
ENJ : UPCOMING INCREASEA new study shows that ENJ has the chance to show coming time new increase views since it's about to break an important key level.
We will follow ENJ to see if it's able to increase in the coming time.
$ENJ/#USDT [#Enjin Coin]: TrendLine_TouchWe've detected a Trend Line Touch on the $ENJ/$USDT chart. The price has touched a key resistance level, indicating a potential trend reversal. We may consider entering at this levele and benefit from the trend continuation.
1H - Technical Analysis:
Resistance: 0.51940000 | 0.56600000 | 0.67590000
Support : 0.40950000 | 0.34620000 | 0.23630000
- Oscillators: NEUTRAL
- Moving Averages: STRONG_BUY
ENJ LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ENJ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Enjin Coin ENJ price moves along its routeWhile most cryptocurrencies are thinking: "to fall or not to fall", against the background of yesterday's statement by the US Department of Justice, ENJ buyers decided that this is a great moment to pump the price up by at least +20-30%)
The entire speech of the US Department of Justice can be summarized in one thesis: "although crypto is still poorly regulated, any cybercrime, such as darknet trading, money laundering to circumvent sanctions, or any other offshore manipulations using the anonymity of blockchains - "will not pass".
The United States and its partners in Europe and worldwide are watching this."
Back to the Enjin Coin price:
As we have already drawn on the chart, the ENJUSDT price has entered the resistance zone, where we believe, that the number of sale orders will be increased. Therefore, we assume that the price will not be able to gain a consolidation above $0.40-0.50 from the first time, and a price pullback to the $0.30 area is possible.
However, in the medium term, the growth of the ENJUSD price to the range of $0.71-0.91 is more than realistic
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
ENJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENJUSDT
We see R1 as our resistance area in which the unsuccessful attempts of price to rise is clearly seen. R1 used to be a support area. And S1 and S2 are the support areas at the bottom of the chart. Presently, the price is fluctuating below R1 and we believe it will give us two options here. Either there is a rise for the price by providing us some rising signs and there would be an increase expected for it toward R2 or higher. Or it is probable that the price is rejected at R1 and faces a falling trend to S1 or S2. We recommend you to obtain every piece of information and idea via our analyses for enjoying more profitable trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Enjusdt Falling Wedge Breakout Has Already confirmed Retesting in process
Incase Of successful retest expecting 30 to 35% Bulish move
Entry Can Be Taken After Momentum Candle safe Stoploss Would Below Recent Low (Below Wedge)
Consider It Only Idea Its Not Financial Advice Dyor Before Taking Any action