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ENJUSD trade ideas

ENJ - $1.65 nextENJ broke out of a long term accumulation zone at $0.16 to quickly jump 100% towards $0.33. It faces a rejection at the upper resistance of $0.42 and revisited the support zone at $0.33 to continue the journey higher. If ENJ can break the resistance at $0.56 and flip it to support by closing few daily candles above this zone, we could start seeing a move towards $0.62, $0.70, $0.92, $1.29 and $1.65. Failure to break the resistance at $0.56 could lead to a drop towards $0.42 to revisit support. This could be a great entry point for ENJ.
BINANCE:ENJUSDLong
by cryptomathemagician
1
ENJUSD: Parabolic Growth Looms!What is Enjin (ENJ)? Enjin Coin (ENJ) is a cryptocurrency and blockchain platform designed for the video game industry. It was created on the Ethereum blockchain by Enjin, a company that helps over 20 million gamers create sandbox forums and communities around their favorite games. ENJ was the first Gaming Token Approved in Japan, which I expect to continue into the future with other countries! The Hype Around Gaming Cryptos is immense don't doubt that! ENJUSD Looking to continue its parabolic trend into the future. Want To Start Compounding Your Crypto? Start Replicating What Experienced Crypto Investors & Traders Do To Consistently Profit In This Volatile & Emotional Market! Receive Crypto Trading Signals & Copy Our Portfolio Learn Trading & Investing 'Best Practices' Consult With Like Minded Crypto Investors & Traders Join The Crypto Collective Link Below! Keep #ContemplatingCrypto BINANCE:ENJUSD
HITBTC:ENJUSDLong
by contemplatingcrypto
8
ENJ/USD - Another aim at $0.50!ENJ was rejected last time when we touched $0.50, now that we found support we are looking good to push again higher and re-test the $0.50 level. Indicators are looking good, however, the resistance zone has proven quite strong and last time we were immediately rejected and pushed down. Likely we have to build more momentum to push higher than ATH. Good to explore long opportunities with a sell target just under $0.50 level. Once there, best to wait to see what happens. Like and follow if you liked this idea!
HITBTC:ENJUSDLong
by DU09
1
ENJ/USD - Pressure building, $0.50 or $0.30?ENJ is getting close to an apex (in blue) between resistance and support. We will have to break out one way or another. Indicators gives us plenty of room to go higher, however, the volume is almost nil. Therefore, it may be hard to go higher without volume picking up. We may need Monday to come to give us a clear direction as the volume over the weekend has been very poor. The correction we had a few days ago to $0.30 (see my last idea) allowed us to get back up now, question is if we will push higher. We need to break the dotted line if we are to hope for higher levels. Bias remains bullish for now, but watch out, we have a big resistance above $0.50 which was our previous ATH. We may get a fast rejection once we reach that level. Like and follow if you liked this idea!
HITBTC:ENJUSDLong
by DU09
ENJ/USD - Parabolic rise approaching resistance! ENJ has gone parabolic this past week. Congrats to those that longed the rise! However, now we are quickly approaching the resistance zone and ATH which will likely push us back. This is not the time to buy, rather wait to short or simply wait for price to give direction. The indicators on daily are overextended and on this 4h chart we can see that MACD is giving signals this rise is losing some strength with the histogram ticking lower with a rising price (bearish divergence). Therefore, expect a reaction at around $0.50 cents or Fib 78% if we make it that far. If we are to fall we have some support at $0.33 and a good support at $0.25 (resistance turned support). I do not exclude another pump, but be careful on this raise as we can quickly go down just as we went up as we approach the apex of the formation. Like and follow if you liked this idea!
HITBTC:ENJUSDShort
by DU09
Monthly Bullish Projection (Jan 12th 2021 through Feb 19th 2021)Enjin/USD rate (January 12th 2021 through February 19th 2021) Low: $0.1429-$0.149 High: $0.56 I think overall, Enjin is bullish but there's definitely a chance it touches as low as 14-15 cents before really taking off. All these targets and fibonacci ideas could be wrong too but this is something I'm tracking for Cindicator. A shorter time frame of the next 2 weeks on the same chart can be found below in related: Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
BINANCE:ENJUSDLong
by Hambooger
1
ST Bullish Projection (Jan 12th 2021 through Jan 25th 2021)Enjin/USD rate (January 12th 2021 through January 25th 2021) Low: $0.1429-$0.149 High: $0.298 So for Enjin, I think it's possible to see it quickly test some support around 15 cents before continuing past 17 cents, as well as a trend check in later on if we aren't as strong as previously thought to keep trending upwards. Here's a 5 week chart for a broader time frame and higher price targets for this as well in related: Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
BINANCE:ENJUSDLong
by Hambooger
Enjin Enjoying A Stable Breathing RangeSeasonal highs and lows have defined a breathing pattern in Enjin between $0.05 and $0.25 for huge swing potential of 150-350% ROI over 12 months. Interaction with historical support and resistance may encourage this pattern. If Enjin remains stable, swing purchase season may start next Spring. Breakout may happen at any point, up or down, but even major breaks show an eventual return to pattern. Moving forward, this will create stern boundaries that dictate the direction of excited price movements.
BINANCE:ENJUSD
by KayleeSerenada
2
What is Enjin Coin (ENJ)? The ecosystem of Games Dapps!!!1. Enjin Coin it's an Ethereum-based cryptocurrency used to directly back the value of the next generation blockchain assets. 2. The proyect started on end of 2017 and was becoming one of the crytocurrency outstanding of the investments. 3. That cryptocurrency it's a pioneering what enghusiastic it's might to develop games, Dapps, smart contracts and projects made by talented developers in this ecosystem. 4. Enjin give the ecosystem all solution for a real-life value, meaing that all assets create with it have readl-life value together. My Personal Opinion: That cryptocurrency is so curious in what solution they offer for us to build a nice proyect. Also, from the past year when I know the cryptocurrency started with Bitcoin on 2018, that proyect on 2019 I knowed and I pay attention on this proyect when I have in my mind to created a project based in this proyect. Right now, I'm thinking to created a blockchain proyect and Dapps based to trade assets to created a digital economy and finance of open-world that we could to build anythig that you imagine as New York city on Blockchain, London, a museum, a tower, a culture, until your own imagination that we could to imagine your entrepeneur idea. But,that it's my solution and I still pay attention more on this proyect and have for future reference in my hand when started to learn to how to learing programation langauges, marketing, how to create website, study a lot Blockchain and more that I will need to created a fascinating proyect entrepener. But, rememeber that I'm trader and well, I make trading in my actuality, and also, I'm trade Bitcoin, Ethereum and Litecoin to win agains the financial crisis. And soon, I will going to trade altcoins, but my step # 1 is to study each proyect that interesting to invest and to trade altcoins to accumulate!!! Well guys, this is it, Enjin Coin is one of my curious and favorite cryptocurrency and I believe that this crypto could to created a highly impact on the games, creation of games and new ecosystem into on the Enjin Coin plattform. And as my future proyect, I want to study programming langauges to created my first Dapp in Enjin Coin, but not it's only this type of game, but I have in mind to created another games Dapps in my mind for the future and to make that these proyect become the next generation of this ecosystem. But, I'm started to know this proyect and well, all in the life we will need to learn if you want to created your reality. For more resource: Please visit below: 1. Enjin Coin website: enjin.io 2. How Enjin Coin works: www.youtube.com
BINANCE:ENJUSD
by harisonhbn9718
1
Engin Crypto Gaming Platform is So huge!!! It’s been a busy year for Enjin. -->It officially launched the Enjin Platform, a blockchain PaaS (Platform as a Service) that allows developers to create and manage blockchain games without knowing any blockchain code. -->It kicked off its Multiverse program. This gives game developers everything they need to incorporate their games into the Enjin platform, including marketing, community management, and crowdfunding. -->And it released software development kits (SDKs) for Java and Godot. Both are popular programming languages and make it easier for developers to build on Enjin. The hard work is paying off. Enjin started the year with roughly 50 million assets on its platform. Today, it’s over 1 billion Next up is Efinity, Enjin’s game-channel network for highly scalable blockchain transactions. With Efinity, a game can perform nearly infinite volumes of transactions between millions of players and the game server. And these transactions will remain trustless and verified on the Ethereum blockchain. Efinity’s release is expected later in 2020. With all these new developments and Enjin’s draw on millennials, we think the project has lots of room to run.
BINANCE:ENJUSDLong
by ShinForex1