Enj breakout retest spike up and away Enj is another NFT metaverse gaming sympathy play and with influencers like Alex Becker shilling we should see some good pumping from here, at least another 40-50% in the short term (days)
ENJUSDT.P trade ideas
ENJ UDSTENJ USDT, one of the great swing trading configuration of the Moment.
- Great Volume
- Figure RDM, VCP
- A great consolidation
- Sector of the Metaverse
So this is a combination of factors that gives a great swing trading opportunity.
₿ ENJIN Coin 1D ₿ : 23.Nov.2021 (ENJ)The price is currently breaking the dynamic resistance of its uptrend channel and after 8 months has managed to record a new ATH, congratulations to its holders ...
RESULTS :
Yield (Profit) from the first analysis and introduction: +120% ✅
Yield (Profit) since analysis 4 days ago: +37% ✅
ENJ Price Live Data
The live Enjin Coin price today is $4.12 USD with a 24-hour trading volume of $1,222,446,556 USD. We update our ENJ to USD price in real-time. Enjin Coin is up 22.50% in the last 24 hours. The current CoinMarketCap ranking is #53, with a live market cap of $3,439,815,838 USD. It has a circulating supply of 835,615,660 ENJ coins and a max. supply of 1,000,000,000 ENJ coins.
What Is Enjin Coin (ENJ) ?
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.
Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:
Infuses them with a reserve value
Ensures their transparency and scarcity
Gives them instance liquidity
Provides utility in games and apps
Anti-inflationary
Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.
You want to know more ?? Click on the source of it :
coinmarketcap.com
ENJ to the moon Breaking out of a t-cup formation, no overhead supply, no telling where it can land. Trade safe.
analysis ENJUSDTHello,
Welcome to this analysis about ENJUSDT, we are looking at the 1D time frame perspectives.
Support and resistance ranges are specified.
Information provided is only educational and should not be used to take action in the markets.
thank you for watching the analysis.
🕹️ ENJIN = Soon Top-15 🍊 Can ENJIN make it to TOP-15?
We think it will, the chances are increasing with the launch of smart contracts in the next 2 months(that's why it is trending), the launch of NFT.io and the fact that it is established as the LEADER in GAMING CRYPTO SPACE.
Metaverse is HOT and Enjin is involved in that too.
You can read a lot more on our previous Enjin posts below. Best thing about Tradingview is that it's all here, in one place. Nobody can fake it here since it's documented. :))) SUPER!
News:
🤖Enjin Forms $100M Fund to Support Metaverse Projects
The Efinity Metaverse Fund will aim to support work on metaverse projects on Enjin and Polkadot. www.coindesk.com .
Just another great development to support our analysis.🦾
Oh! and it's Carbon negative 🍏💚
Start your ENJINS if you haven't...
Get your ENJINS going if you have
the FXPROFESSOR 🕹️
(Once a gamer always a gamer)
ENJ, near the new high, is there a breakthrough?The following content is machine translation:
From the 4-hour chart, ENJ’s new high was 4, and it tried to break through on November 20, but failed, and then stepped back to the 0.786 (3.3) Fibonacci retracement rebound.
Now it is near 4 again.
From the MACD indicator, the golden cross is coming soon. If the golden cross can be achieved here, there is a high probability of a new high. If you reject the golden cross, bearish, continue to step back.
Summary: Judging from the popularity of the game currency, there is a high probability that it will break new highs and go to a higher position.
ENJUSDTI think ENJ still have an opportunity to continue pump to upto 4 Dollar
we see that the macd indicator trying to Golden Cross in 4h timeframe
let's see what happen next
trade safe.
ENJ volitility ahead!after a nice impulse the price has been in consolidation for some time. it seems like bulls are taking over.
ENJUSDTENJUSDT Hight Risk 5M Chart
LONG BUY IN GOOD PART
Leverage: Cross (20.0X)
Entry Orders:
1) 3.231-3.268-3.326
Take-Profit Orders:
1) 3.382
2) 3.462
3) 3.537
4) 3.585
5) 3.623
6) 3.655
Stop-loss Orders:
1) 3.141
KEEP DESCLAIMER ON
Long on ENJUSDT. I see potential order block at 3.28
It should be a perfect buying opportunity with stop loss at 3.07
Reason;
I usually use Fib retracement as my basic strategy as well as support and resistance. I see a perfect retracement on golden zone 61.8 that is 3.29 which also aligns with the order block. Take profits are just truly based on inverse FIBS
Stop loss is set at 3.07 as it will break 78.6 on FIBS.
Keep you short loss small and profits big
This trade is 1:14 risk to reward ratio.
This is not financial advice. Invest only what you are prepared to lose and do not predict the movements, READ the charts.
Best wishes,
Zaki
ENJUSDTi think ENJ will have a slight pullback here
SP 1 : 3.29
SP 2 : 3.1
SP 3 : 2.91
let's see what happen next.
Note : My price point maybe inaccurate
trade safe.
self noteEnjin looks bearish on the hourly and the daily time frames.I am newbie to all of this analysis. its not financial advice. DYOR
#ENJUSDT#ENJUSDT
After break this resistance , it can touch the targets.
Tp 1 : 4.22
Tp 2 : 4.62
Tp 3 : 5.15
Sl : 2.72
Resistance : 3.65
ENJUSDT Technical Analysis⏳ Spot
💎 ENJUSDT has formed an ascending channel. After several rejections from the support zone price is moving to the upper band of the channel. It has also broken out of the descending triangle. After the breakout we can expect more bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 3.699 - 3.387
☕️ TP1 4.190
🍺 TP2 4.788
🍻 TP3 5.372
🍾 TP4 6.000
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 3.387 - 3.096
Good Luck 🎲
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Short-Term ABC correction ~ 21 Nov. ENJUSDT completed a 5 Wave movement,and most likely it will drop down A-B-C style, first to 3.4$ and then 3.2$.Most likely they will be followed by a generous pump.
on a 15 min timeframe, MACD histogram started ticking downwards, and RSI was at a max high.
#ENJ good entries ?#Enjin need a correction after it's ATH
Good points for entry are 3.2 and 3 . If support level is lost at 3, the next support level is 2.8
$ENJ the rally begins! $ENJ finally broke out of the cup and handle pattern. WRSI is breaking out of 70. Last time it did a whopping 1500%.
Initial TP: 7.2
#ENJ GEARING UP - POLKADOT PARACHAIN Enjin gears up for Polkadot Parachain Slot - Auction begins Dec 2nd with Winner annouced on Dec 9th. $100.0 million to allocate to an expanding ecosystem of Gaming, ART, Collectibles and Music in the Metaverse.
ENJENJ (USDT)
buy after breaking the green line
sell 50% of your profit at TP1 (10%)
sell another 50% at TP2 (16%)
Good luck......
🕹️ ENJIN = Gaming Leader + NFT.io 🍊 (p2)Can ENJIN reach (Ripple XRP?
Our guess is YES, it should pass it to say the least.
facts: ENJIN will need to x16 from where it is today to catch XRP
Enjin has been and will be one of our top-5 favorites.
The price can keep growing (we see a target of 7$ for the next 5 months).
What's new?
Well here you go, this is a message from my direct communication with Enjin:
'' It's currently not possible to launch a token using Enjin.
Although we'll be releasing the smart contract feature for our sidechain, JumpNet . You'll be able to program smart contracts and release your own tokens.
enjin.io
We're looking to release it around the end of this year or early next year.
As for an NFT marketplace, we'll be launching nft.io You'll be able to set up your own marketplace. We're looking to launch it around the same time as the smart contact release''
Ladies and Gentlenmen,
Keep your ENJines going,
the FXPROFESSOR
#ENJ breaking in a bullish manner The game is on ENJ. Seems to me we could see a break out if this flat top. Price making HH and low volume is an indicator of stronger bulls. Let’s see. Not FinCrypt ADVICE.
