ENJ can make a jump to resistance levelIf you can see at the ENJ History, it has done equal action in past.
ENJUSDT trade ideas
THREAD 2: OVERVIEW COIN LIST (LONG TERM) Dear you,
I’m launching this thread and updating it with a lengthy list of coins that followers have sent me to support long-term mapping and strategies for each.
The list is pretty extensive—I’ll add it here. You can scroll through and check for your coins in this post.
I’m kicking things off with ENJ as the lead coin and using it as the cover image.
1. ENJUSDT
Here’s the deal: ENJ is in the process of bottoming out on the monthly and 6-month timeframes. That means if you bought ENJ earlier, your account’s likely taken a big hit by now.
DCA-ing? It probably hasn’t improved things much.
ENJ will turn profitable once the monthly timeframe sparks a new uptrend slope. For now, there’s no confirmation of a bottom on the monthly (M) chart to signal the next leg up.
But it’s too low to drop much further—the real question is how long it’ll take to shift upward again on M.
You can stack ENJ at this price right now:
Spot: Long-term
Hold Time: Follow the monthly (M) cycle
ENJUSDT 1WENJ ~ 1W Analysis
#ENJ If you still have a Conviction on this coin. Maybe this support you can consider to start buying back with a short -term target of at least 20%+.
ENJUSDTHi friends..
in ichimuko & order block strategy, you can check this one too!!
please analyze it yourself friends
best regards
ENJ Bullish Idea#ENJ
#Enjin has been in a bearish trend since Nov 2021, with bears dominating every reversal attempt.
To have a chance of a bull run, staying above $0.032 is a must.
Passing $0.395 signals a trend shift and a possible ATH run, whether it rises from here or dips to $0.067 first.
ENJUSDT 1WFrom a technical perspective, the price is moving within a descending channel and is approaching the channel's lower boundary and the PRZ (Potential Reversal Zone).
It appears that the correction may continue until March 25.
A positive divergence in the MACD oscillator is one of the bullish signals on this chart in the weekly timeframe.
ENJ USDTENJ is currently trading within a Falling Wedge pattern, a bullish reversal setup. It’s holding at the yellow support zone between $0.1258 - $0.1258, a critical level for buyers.
If the price bounces from this zone could ignite a strong bullish wave pushing price to the falling wedge upper boundary and the resistance zone Blue at $0.2063 - $0.2365.
LongAccording to the analysis of the waves and the use of the Gann method and price data analysis, it seems that we can expect the price to return to the green zone on the chart.
This analysis is only my personal opinion. Please do not set your own trading criteria and act based on your personal strategy.
Be successful and profitable
My game Plan for ENJUSDTCurrently we are bouncing of from fib 0.618-0.66 zone and upheld by Avwap March 2024 highs.
If we come down to take the lows “Monthly and VAL” Checking on reaction its would give us a good entry level for a swing trade up at least to POC than even to VAH zone.
I would prefer to entry this trade as a intraday trade with tight Stop loss turning in to Swing trade.
Lets see 😊
Enjin Coin (ENJ) Analysis & Long-Term Investment Outlook!Current Market Overview
Current Price: ~$0.15
24H Range: $0.1389 - $0.1515
Volume: 16.37M
All-Time High (ATH): $4.5 (achieved in 2021)
Recent Trend: Bearish correction but approaching a key accumulation zone
Technical Analysis
1. Discount Zone & Accumulation Opportunity
The chart shows that ENJ is trading near its discount zone, an area where institutional and long-term investors look to accumulate before a potential reversal. This zone is typically considered undervalued, offering a strategic entry point.
2. Price Structure & Smart Money Concepts
Break of Structure (BOS): Multiple BOS signals indicate a strong bearish trend, but price is nearing a potential support level.
Change of Character (ChOCH): Some ChOCH signals suggest that the downtrend may be weakening, hinting at possible accumulation.
Equilibrium & Premium Zones: The price is far below the equilibrium and premium zones, reinforcing that it is at a historical discount for accumulation.
3. Moving Averages & Watson Envelope
The Watson Envelope (blue and red bands) suggests that price is near the lower bound, indicating a mean reversion could soon occur, leading to a potential bounce.
Fundamental Analysis & Catalysts
1. Enjin’s Utility & Real-World Adoption
Enjin Coin powers a blockchain gaming and NFT ecosystem, allowing developers to integrate digital assets into games, metaverse platforms, and virtual economies. Its real-world use case makes it attractive for long-term adoption.
2. Binance Supporting Network Upgrade (Positive News)
Binance has backed an Enjin Coin network upgrade (September 2024), signaling continuous development and network improvements.
This upgrade improves Enjin’s scalability, security, and NFT ecosystem, strengthening its long-term utility.
Binance’s support ensures liquidity and investor confidence.
3. Coinbase Delisting (Negative Impact in 2024)
In June 2024, Coinbase delisted ENJ, causing a short-term decline in liquidity and investor sentiment.
However, delisting from a single exchange does not impact the coin’s fundamental value.
Investment Potential & Price Prediction
Short-Term: Possible consolidation in the $0.12 - $0.18 range before a breakout.
Medium-Term (6-12 months): If accumulation holds, ENJ could target $0.30 - $0.50, testing previous resistance levels.
Long-Term (2+ years): If Enjin’s adoption continues and the crypto market recovers, a return to $1 - $2 is feasible, with ATH of $4.5 as a long-term target.
Investor Takeaway
✅ Bullish Factors
✔️ Trading at a discount near historical accumulation zones
✔️ Binance supporting network upgrade (strong ecosystem development)
✔️ Real-world use case in gaming & NFT sector
✔️ Market sentiment could shift as crypto recovers
❌ Bearish Risks
⚠️ Still in a downtrend, needs confirmation of trend reversal
⚠️ Coinbase delisting may impact liquidity & exposure
Final Thoughts
Enjin Coin is currently at a key accumulation level that offers an attractive opportunity for long-term investors. With strong fundamentals, upcoming network improvements, and historical price performance, ENJ has the potential to reclaim higher levels, possibly targeting $1+ in the next cycle.
If you’re looking for a high-risk, high-reward opportunity, this could be a great entry point. However, investors should watch for trend confirmation before going all in. 🚀
ENJ looks promising. ENJ needs to correct its movement from the top to bottom. It is expected to reach the Fibonacci golden ratio zone.
ENJ Breakdown! Will It Crash to New Lows? The price of ENJ has been in a consistent downtrend, as indicated by the descending trendline, with lower highs and lower lows forming. Several key support and resistance zones are marked on the chart. Currently, the price is retesting the purple resistance zone at $0.1584–$0.1512 after a breakdown from this level. If the price continues to decline, it could test the yellow support zone at $0.1372–$0.1294. A successful reclaim of the descending trendline and a move above the purple zone could signal a potential reversal.
ENJUSDT 1WENJ ~ 1W Analysis
#ENJ re-testing this support, If you still have Conviction on this coin, buy from here with a target of at least 20%++
ENJENJ is one of the old coins which is used in gaming sector the price now is the very good price and for the alt session these targets are valid of course consider the more targets you want the more time you will wait .!!
Enjin Coin - Ready to start again After a short bearish trend, ENJUSDT can be bullish again - now as 0.21
ENJUSDT showing bullish flag pattern in 1h time frameENJUSDT showing bullish flag pattern in 1h time frame
ENJ POSSIBLE LONGNYSE:ENJ Possibly cooking something huge on a weekly TF, keeping a close eye for a confirmation of the cup and handle pattern to fully form.
#ENJ (SPOT) entry ( 0.1500- 0.2150)T.(1.2000) SL(0.1476)BINANCE:ENJUSDT
#ENJ / USDT
Entry ( 0.1500- 0.2150)
SL 1D close below 0.1476
T1 0.4300
T2 0.6600
T3 1.0000
T4 1.2000
______________________________________________________________
Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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ENJ planThis is my ENJ plan. I exptect us to stay in the orange box. If we go down it will be a deviation.
$ENJ - Ready for the next leg higherBINANCE:ENJUSDT Stalled on descending resistance line on log chart - Ready for the next leg higher with the Momentum indicators fully reset.
ENJ cup and handle completedCup and Handle Pattern:
The chart highlights a well-formed cup and handle:
The cup phase is complete, with a rounded bottom structure that indicates accumulation.
The handle phase is currently forming, showing a slight downward consolidation, typical of this bullish continuation pattern.
Key Levels:
Cup Rim Resistance: Around $0.34 - This is the breakout level for the pattern.
Handle Support: Around $0.22 - This is the lower boundary of the handle.
Key Support Levels:
$0.22 (Handle Support).
$0.1534 (Major Horizontal Support).
Projected Target:
Upon a breakout above $0.34, the target is calculated as the height of the cup ($0.34 - $0.1534 = $0.1866) added to the breakout point. This gives a target of approximately $0.5266.
Indicators:
MACD: Showing bearish momentum, but the histogram is flattening, suggesting a potential reversal soon.
Volume Oscillator: Low volume during the handle phase, which aligns with the expected behavior of the pattern.
MFI (Money Flow Index): At 18.99, MFI indicates an oversold condition, a bullish signal in the context of the handle.
RSI: At 40.48, RSI is in a neutral zone, but it’s approaching levels that suggest potential upward movement.
TradeCityPro | ENJUSDT Analysis Christmas Holiday👋 Welcome to TradeCityPro Channel!
Let’s analyze ENJ during the holiday season and identify triggers across different timeframes to make the most of market opportunities. Don't forget to check the Signature section at the end for updates! 😊
🌐 Overview Bitcoin
Before diving into ENJ analysis, let’s look at Bitcoin. It broke the 95445 short-term support and is expected to move toward the 92722 support, where it might form a new structure. Key support levels for Bitcoin are 91K, 86K, and 81K, which hold significant importance.
Additionally, Bitcoin dominance is also dropping, forming red candles during this decline. This means the market as a whole is correcting:
Coins bullish against BTC are correcting less, Coins bearish against BTC are showing more red candles than Bitcoin itself.
📊 Weekly Timeframe
ENJ hasn’t shown significant movement. After breaking its smaller box resistance, it entered the larger timeframe box, only to get rejected from the upper boundary and return to the entry point of its box.
The 0.3743 resistance has become increasingly important. Once broken, it could signal a buy opportunity, preparing for a potential break of 0.6920. However, ensure the breakout is accompanied by increasing green candle volume and confirmation through RSI surpassing 83.90.
If you are holding ENJ and looking to activate your stop loss to exit, it’s logical to sell after breaking 0.1256 and closing a weekly candle below it. Always take stop losses seriously and look for re-entry triggers later.
📈 Daily Timeframe
After hitting the 0.3838 daily resistance, ENJ has formed lower highs and lows, returning to the 0.2116 support zone, which is crucial.
This 0.2116 support holds significance due to Fibonacci alignment,Its position on the 50% level, indicating potential for a rebound if the trend weakens.
Alternatively, breaking this support could lead to lower lows, bringing ENJ back into its weekly box. In this case, it might retest the 0.1854 and 0.1520 support levels.
⏱ 4-Hour Timeframe
Market volume has significantly dropped, suggesting reduced trading activity during the holidays. This low 24-hour trading volume has led to irrational and unnecessary market fluctuations.
📈 Long Position Trigger
After breaking 0.2483, a long position can be opened, but given the low market volume, trades should be executed with reduced risk.
📉 Short Position Trigger
After breaking 0.2105, a short position can be considered. However, logical trading during these conditions involves small stop losses and focusing on risk-to-reward ratios while quickly taking profits.
💡 BTC Pair Insight
Currently, ENJ isn’t performing well against Bitcoin. After showing some signs of life by testing the 0.000000374 resistance, it got rejected and returned to its support level.
Keep in mind that breaking this resistance could finally bring ENJ some gains against Bitcoin, which would likely translate into USDT price increases during a bullish market.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
