Enjusdtanalysis
ENJ USDT Long Idea - Bullish Reversal ENJUSDT 4-Hr TF. Bullish Reversal
We observe a budding shift from a prevailing downtrend to potential bullish momentum.
Key support and resistance levels have been mapped, indicating areas of significant market interest.
Price Action:
Recently, the price has shown an upward momentum, creating a series of higher lows and higher highs, which suggests a potential shift in trend from bearish to bullish.
The recent pattern of higher lows and highs could suggest an imminent trend reversal.
Our strategy recommends a long entry at 0.5685, with a conservative stop loss at 0.4270 to safeguard against unexpected downturns. Profit targets are set at 0.5300 and 0.5500, aligning with major resistance zones.
The RSI presents a neutral stance with a bullish bias as per the moving average crossover. Traders are advised to monitor these levels and adjust positions accordingly to market dynamics."
ENJ/USDT Could ENJ break the pattern or downward to the demand??💎 ENJ has recently experienced significant developments in the market. Currently, there's potential for ENJ to reach the demand and initiate an upward movement.
💎 However, if ENJ breaks the pattern without a retest at the demand, it may undergo upward momentum, targeting the supply area. A successful breakout of the supply area, probability could lead to an easy movement toward our target on the bearish OB.
💎 On the contrary, if ENJ fails to break out of the pattern, there's a likelihood of continued downward movement. Retesting the demand area becomes crucial for ENJ to gain momentum, break the pattern, and resume its upward trajectory.
💎 In the scenario where ENJ doesn't exhibit a positive response at the demand, lacking a bounce or favorable candle formations, it raises concerns about losing demand. This bearish momentum could lead ENJ to continue its downward trajectory, revisiting the bottom support levels.
ENJUSDT - W1\D1ENJUSDT
W1 - The price was able to break through the high of the first wave, which may mean the implementation of the 3rd wave. The best option for considering purchases is to wait for the level of the first wave to be fixed or for a retest to D1 at the level of 0.3319. When implementing the idea, you can expect a target at the level of 0.5451
D1 - you can wait for a corrective movement within 50% of the previous impulse and expect the formation of the 5th wave - from levels ~0.3172 with targets up to 0.3942
What can you expect?
Expect the formation of the 5th wave - from levels ~0.3172 with a small risk on the idea with a target of 0.3942
Cancellation of the idea when fixing behind the trend line 0.2991
Long
Targets 0.3407 - 0.3652 - 0.3942
ENJUSDT - W1\D1ENJUSDT
The price was able to break through W1 - the trend line. The best option for considering purchases is to wait for the trend level to be fixed; a more convincing option for purchases would be a retest of this level of 0.2390.
If the price is not fixed behind the trend line, you can expect the price to move down to the level of 0.2040 - from which you can expect a rebound and consider buying.
What can you expect?
If successful fixation behind the trend line, you can consider entering from the nearest levels of 0.2390 with a small risk on the idea with a target of 0.3670
It is better not to take increased risks; a correction is being traded. Cancellation of the idea when the low of the 2nd wave is broken.
If the price does not consolidate, then wait for the entry point at the level of 0.2040 and below.
Long
Targets 0.2860 - 0.3025 - 0.3360 - 0.3670
ENJUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 2.1 - 2.4 - 2.9
after first target reached move ur stop to breakeven
Stop: 1.3 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ENJ/USDT SHORTER TF TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LONG #CHZ/USDT
ENTRY: $0.24 - $0.23840
SELL- 15% TO 20%
LEVERAGE: 5X to 10X
STOP LOSS: $0.235
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Will ETH be able to hold the 3k resistance? Hi guys, This is CryptoMojo, One of the most active tradingview authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#ETH UPDATE
As per my previous ETH chart, ETH is going good currently it is lying on the 3k support level so we are expecting a bounce from here.
But we need to close the daily candle above this level.
If it breaks this level then the chart will become invalid.
Let's see how the market reacts in a few hours.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ENJ/USDT 2 HOUR ANALYSIS Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart.
ENJ/USDT is making this bullish expanding Triangle pattern.
Entry: $1.43- $ 1.45
Targets- $1.5170 - $1.58- $1.625 - $1.69 - $1.7360
LEVERAGE-5X - 10X
Stop Loss: $1.39
What's your thought on this?
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Thank you
#PEACE
ENJUSDT Wave Analysis (GLOBAL VISION)Hello friends.
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Everything on the chart.
Without many words.
Globally, we are in the running triangle (wave of 4).
Main target zone: 5.5 - 6.5$
cancellation of growth, consolidation below 1$
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ENJUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
Entry: market and lower
TP: 3.2 - 3.6 - 3.9
after first target reached move ur stop to breakeven
Stop: ~2.1 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward 1 to 2.5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ENJUSDT, Its ready to move upwards to the 1st targetHello everybody
ENJ is one the most powerful token of project that is working in blockchain gaming base
According to the chart you can see the price impact good to the support zone area that is trendline support and we expect the price to go up until reach to the 1st target.
Wait to do a liitle correct that these green candle and after that you can entrance in long position and buy until the target reach.
Dont forget observe capital management
Previous analysis :
Good Luck
Abtin
ENJ/USDT 1 HOUR ANALYSIS Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
SNX /USDT lying on a strong support level or making triangle pattern.
Entry: ACCUMULATE BETWEEN $3.54 TO $3.5
Targets:
$ 3.717
$ 4.05
$ 4.28
$ 4.65
Stop Loss: 3.3
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Enjin Coin ENJUSDT Trade PlansBULLISH
1)HH and HLs.
2) Fib level 0.5 support at 3.43
Bearish
1) Bearish Engulfing at 3.8
2) Resistance at 3.62
3) Closed below Trend line
Trade Plan 1
Short from current price with tight stop loss
1) Entry 3.6
2) Stop Loss 3.7
3) Take profit 3.45
Trade Plan 2
Long if hourly candle closes above 3.65
1) Entry 3.65
2) Stop loss 3.43
3) Take profit 3.9
ENJUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 3.8 - 4.1 - 4.4
after first target reached move ur stop to breakeven
stop: ~2.5 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Will be very APPRECIATE FOR UR DONAT/coins :)
Open to your questions or suggestions(Looking for investors!).