ENJUSDT trade ideas
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
🕹️ ENJIN -NOT CLEAR YET 🍊ENJIN is a project I am emotionally attached to.
Then again it's great that the chart saves me from some emotional mistakes:
Chart demanded short positions here:
Chart demanded more short positions here and an unhappy face here:
AT this stage, ENJIN has NOT Broken higher yet but chances are increasing
My Trigger (alert and Buy orders) ar at 0,319 with a stop loss at 0.298
I think that very soon it could be time to feel that 'Start your ENJIN' excitement.
One Love,
The FXPROFESSOR
Trading opportunity for ENJUSDT Enjin CoinBased on technical factors there is a Buy position in :
📊 ENJUSDT
🔵 Buy Now 0.3155
🧯 Stop loss 0.2784
🏹 Target 1 0.3600
🏹 Target 2 0.4320
🏹 Target 3 0.5400
💸RISK : 1%
We hope it is profitable for you ❤️
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ENJUSDT Trading IdeaWe spotted Broadening wedge formation, with price bounced off the bottom trendline.
Since the current move was in the form of rising wedge, a little correction is expected after the break of the wedge.
Focus on the given BUY BACK zone for long action. Do not forget to follow the exit plan should incase the setup break.
ENJIN - Failure After Failure 😢ENJIN has been a well rounded disappointment.
Some ALTS have clearly had a nice rebound (MATIC for example) and others keep failing to re-ignite.
Enjin is in the second category.
0,46 is resistance
0,31 is again a possibility
Why?
Well start with this: every time I google 'ENJIN NEWS' I get random 'invest in this it will kill Enjin' results!
Not amused, not happy with Enjin.
It's good we have other options but I dow ish for Enjin to do better and shine again.
Some positive news:
Enjin (ENJ) Among Top 10 Crypto Choice Of ETH Whales In Last 24 Hours
ALTCOINSEnjin: These developments could mean well for ENJ but caution is advised
One Love,
The FXPROFESSOR