ENJUSDT.P trade ideas
ENJ : Bull are coming?ENJ looks bullish since it already got rejected above 50 Daily EMA at 2.7450
Chart pattern : Bullish Flag.
The price have to Close above 2.9800 to continue it Bullish momentum.
If it fail, it will continue Bearish targeting 1H 50% Fib retracement at 2.5650.
Just my opinion. :D
Wish you all have a nice day. Hope this would help.
ENJ key levels.....ENJ recently break the trend line on LTF,
But on HTF, we having major Resistance @3.11 and @3.84
A solid daily close @3.41 signify more upsides to 4 or more, before some pull back, if less volume,
Arrows in chart shows some possibilities of price actions
Generally am still very bullish, alot of use case on ENJ
Note: NFA
DYoR!
Like comment and follow....
🕹️ ENJIN = Here We COME!!! 🍊Let's go Top-15.
Here is our updated chart with key levels (keep it round: 3...4...5!)
Nice article:
Buy Enjin Coin If You’re Bullish ‘Meta Mania’ Will Continue
It may have spiked in price during October and November, but metaverse cryptocurrency Enjin Coin (CCC:ENJ-USD) has sold off considerably in recent weeks. Dropping more than 46.7% from its all-time high on Nov. 25, this smaller “metacoin” has seen a slightly greater drop in price than its larger peers, such as Decentraland (CCC:MANA-USD) and The Sandbox (CCC:SAND-USD).
Yet while the metacoins trend seems like it could be as flash-in-the-pan as the “pupcoin” trend from a few months back, I’ll admit there may be more substance to this latest crypto-related phenomenon. Or else, tech giants like Meta Platforms (NASDAQ:FB), aka Facebook, as well as Apple (NASDAQ:AAPL), wouldn’t be gearing up to try and dominate the metaverse equipment space.
With this, the recent cooldown in “meta mania” may just be temporary. Much like how crypto in general has moved in waves, yet has steadily increased in value over time, the same thing could happen here with meta-themed digital assets.
Start Your ENJINS,
The FXPROFESSOR
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
FattyThere is an analysis update.
Falling wedge on ENJ/USDT crypto pair.
According to Elliott Waves theory all the waves are done.
After a huge and continuation falling, price could break local resistance zone .
However according to global situation on the market price is bouncing from next resistance.
Now according to the technical analysis price has drawn double bottom pattern on a smaller frame.
So follow the chart and look for the breakout carefully.
_____________________________________________________
If you enjoy my FREE Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
Enj to $3$enj got the breakout of downtrend on LTF. Green box has been accumulation zone. If $btc hold steady and continues up I expect and push to $3-3.15 within the next week or two. #enjusdt
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into PUMPs.
2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Use multiple indicators to confirm your TA on price action.
10. Only trade what you are willing to lose. It will be hard to trade without emotions.
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
ENJ
ENJ formed a Head & Shoulder (H&S) pattern and after that continuously in downtrend. ENJ need to break the $2.50-$2.55 resistance area to gain some bullish momentum. The next support is $2 area. If ENJ break $2 support then we see more downward movement. Keep your stop loss below $2 support area.