ENJUSDT 1DENJ appears to have bottomed at 0.2424 where it touched and quickly returned to the middle of the Keltner channel. At this exact moment it is at the lower edge of the channel, being able to visit the one at the edge of the triangular wedge at 0.2516. The biggest possibility is that it will go back to the channel's median to meet the MM200 at 0.2743. Remember that the asset always seeks the MM200.
Enjin Coin (ENJ) is an ERC-20 token built on the Ethereum blockchain. It is designed to be an in-game currency to buy in-game items. It also adds value to game features.
Here are the supports and resistances:
S: 0.2564 / 0.2529 / 0.2424
R: 0.2608 / 0.2666 / 0.0.2743
ENJUSDT
ENJUSDT 1HThe ENJ is trying to overcome the resistance posed by the cloud, even so with increasingly rising bottoms and increasingly rising tops, the ENJ is following its bullish channel. Breaking the upper base of the bullish trough which coincides with the upper edge of the keltner channel at 0.2683, the Enj is heading towards the MM200 at 0.2855.
Here are the supports and resistances:
S: 0.2624 /0.2576
R: 0.2683 / 0.2855
4 Crypto assets to add to watchlistHello traders
for the week ahead I have chosen these four assets to watch. the parameters that was taken into consideration was mostly onchain and fundamental data of these assets.
as you can see I have showed the possible scenarios that I think are possible for these assets.
let me know what you think in the comments.
Trading opportunity for ENJUSDT Enjin CoinBased on technical factors there is a Buy position in :
📊 ENJUSDT
🔵 Buy Now 0.3155
🧯 Stop loss 0.2784
🏹 Target 1 0.3600
🏹 Target 2 0.4320
🏹 Target 3 0.5400
💸RISK : 1%
We hope it is profitable for you ❤️
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ENJ ABOUT TO TURN ON THE (ENJ)INSENJ is about to go super wicked. If held above this inflection point, she is going to rip up pretty fast and without a lot of hassle. All types of Bullish Divergence is starting to play out as we see the momentum starting to build. I am LONG when ENJ can burst through that resistance and backtests to claim new support.
Enjin Coin ENJ bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Enjin Coin ENJ has a negative overall sentiment recently.
I have the following price targets:
ENJ/USDT short
Entry Range: $0.49 - 0.56
Take Profit 1: $0.45
Take Profit 2: $0.38
Take Profit 3: $0.29
Stop Loss: $0.63
ENJ Scalp - Very easy long😏ENj is awesome candidate for long since:
⭐️ BTC bullish
⭐️ Domination looks bearish
⭐️ We have 5 days of accumulation
⭐️ Spread is getting lower
⭐️ 4th approach
⭐️ Volume increases at top
⭐️ 50 ATR
⭐️ Over VWAP
Will enter when price slowly squeezes to the levelon 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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ENJUSDTHello my dear friends
According to the negative divergence of RSA, if the price range of $0.573 is completely consumed, then the probability of reaction to the yellow area ($0.697) is high.
From the yellow area, we expect the formation of a corrective trend up to the range of $0.515 and $0.418.
We would be happy to hear your comments.
ENJ at top of range and hitting resistance; Bearish?It may depend heavily on how BTC performs, but im feeling pretty bearish on ENJ as it stands.
As the title states, ENJ rejected off the resistance almost perfectly while simultaneously reaching the top of its range; on the dot, i might add.
Personally im looking for short entries on ENJ. But as always.. time will tell.
If this continues to sit sideways and isnt able to create a higher high, i expect it will fall back down to the bottom of its range before making progress upwards.
ENJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENJUSDT
Here we have R2 that is a resistance line and shows that the price is unable to rise. R1 used to be a support area as well as S1 and S2 which all express the support of the price since the past. Also, the purple line is a 4-hour resistance line. At the present, we have the price fluctuating below the purple line and we predict a rise for the price to this line and then by being rejected, it will fall to S1. Note that S1 is a determinant area for the price to have a rise or fall. Thus by receiving some confirmation candles here, we will decide for the movement of the price. Remember that when the price reaches R1, it would be a good area for saving profits.
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