ENJUSDT trade ideas
ENJ LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ENJ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#ENJUSDT Daily Chart
Price had previously tapped into the daily supply zone around $0.45 and it is currently showing very ugly price action. MACD is showing bullish weakness, RSI is overbought and EMAs are turning bullish. I still expect to see some bearish movements from here towards the support around $0.33 however i am still waiting for a clear break of structure on the lower timeframes for confirmation.
Enjin Coin ENJ price moves along its routeWhile most cryptocurrencies are thinking: "to fall or not to fall", against the background of yesterday's statement by the US Department of Justice, ENJ buyers decided that this is a great moment to pump the price up by at least +20-30%)
The entire speech of the US Department of Justice can be summarized in one thesis: "although crypto is still poorly regulated, any cybercrime, such as darknet trading, money laundering to circumvent sanctions, or any other offshore manipulations using the anonymity of blockchains - "will not pass".
The United States and its partners in Europe and worldwide are watching this."
Back to the Enjin Coin price:
As we have already drawn on the chart, the ENJUSDT price has entered the resistance zone, where we believe, that the number of sale orders will be increased. Therefore, we assume that the price will not be able to gain a consolidation above $0.40-0.50 from the first time, and a price pullback to the $0.30 area is possible.
However, in the medium term, the growth of the ENJUSD price to the range of $0.71-0.91 is more than realistic
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ENJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENJUSDT
We see R1 as our resistance area in which the unsuccessful attempts of price to rise is clearly seen. R1 used to be a support area. And S1 and S2 are the support areas at the bottom of the chart. Presently, the price is fluctuating below R1 and we believe it will give us two options here. Either there is a rise for the price by providing us some rising signs and there would be an increase expected for it toward R2 or higher. Or it is probable that the price is rejected at R1 and faces a falling trend to S1 or S2. We recommend you to obtain every piece of information and idea via our analyses for enjoying more profitable trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
EnjUsdtu like meta and gaming token this is best
you can buy and save for long time and have chanse for bak up soon after market back
this is good project on meta-NFT and gaming or others side
wait back on entrypoint.
remember Research about project is ur quest
GL
EntryPoint:
0.3515
0.3243
Supports:
0.2990
0.2705
0.2456
Resistance:
0.3944
Targets:
0.4570
0.5507
0.6073
0.6986
Midtime:
0.9075
1.0947
1.3873
1.8040
2.1737
HODL:
2.7576
3.5822
4.2153
GOAL:
4.4758
GL
Enjusdt Falling Wedge Breakout Has Already confirmed Retesting in process
Incase Of successful retest expecting 30 to 35% Bulish move
Entry Can Be Taken After Momentum Candle safe Stoploss Would Below Recent Low (Below Wedge)
Consider It Only Idea Its Not Financial Advice Dyor Before Taking Any action
ENJ/USDT | Looks Promising for Breakout..!!
#ENJ Seems like Correction phase almost Done & Ready for Bounce Back...
Falling Wedge Formation in the Higher timeframe..
Pretty Decent Buying Volume Coming in..
Expecting Breakout Soon.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
ENJUSDT 1DENJ appears to have bottomed at 0.2424 where it touched and quickly returned to the middle of the Keltner channel. At this exact moment it is at the lower edge of the channel, being able to visit the one at the edge of the triangular wedge at 0.2516. The biggest possibility is that it will go back to the channel's median to meet the MM200 at 0.2743. Remember that the asset always seeks the MM200.
Enjin Coin (ENJ) is an ERC-20 token built on the Ethereum blockchain. It is designed to be an in-game currency to buy in-game items. It also adds value to game features.
Here are the supports and resistances:
S: 0.2564 / 0.2529 / 0.2424
R: 0.2608 / 0.2666 / 0.0.2743
ENJUSDT 1HThe ENJ is trying to overcome the resistance posed by the cloud, even so with increasingly rising bottoms and increasingly rising tops, the ENJ is following its bullish channel. Breaking the upper base of the bullish trough which coincides with the upper edge of the keltner channel at 0.2683, the Enj is heading towards the MM200 at 0.2855.
Here are the supports and resistances:
S: 0.2624 /0.2576
R: 0.2683 / 0.2855