ENJUSDT trade ideas
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.
ENJUSDTPAfter breaking the 4-hour upward trend, the price is returning and we expect the price to stop at the 0.4750 area and after that the upward trend will resume up to the 0.5241 and 0.5666 area.
enjbreaking trendline in daily tf
incase of successful breakout expecting minimum 2x
looks good for midterm
#ENJUSDT 4H Chart
Price is overall still in an ascending channel. MACD turned bearish, RSI is neutral and EMAs are bullish. I am still expecting price to test the 7h demand around $0.415 where we would be looking to long from.
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
#ENJUSDT 7H Chart
Price moved up from the 4h demand zone around $0.4 as expected and left another area of demand around $0.418. MACD is showing bullish weakness, RSI is bought and EMAs are turning bullish. I expect price to tap into this demand zone then moving up from there.
RLinda ! ENJUSDT-> Resistance breakdown. Beginning to rise? ENJUSDT on the global timeframe forms deceleration of decline, volatility reduction to the minimum values and rests in a fairly strong support zone 0.4110, which may affect the further development of the situation
On the background of a global bearish trend, the price stops and forms a downward wedge, which coincides with the trend. This set-up may be the first bell to change the direction of the price movement.
On the local chart, the price forms a resistance retest a day later and quite successfully, we see a breakout and impulse formation. I assume that the price may form a pullback to the area of 0.4200 to strengthen its positions with further growth.
The short-term target is the level of 0.4417
The next important zone is the resistance level of 0.4598.
Medium-term target - liquidity zone 0.5158
Regards R.Linda!
ENJUSDT#ENJUSDT
as you can see at the chart we have powerful support zone i expect there will be uptrend move we are now in the same zone from february 2021 also we are in over sold area buy and hold it to the next targets at the chart MACD is showing bullish RSI is neutral EMAs showing a bullish move dont's miss up this opportunity
#ENJUSDT 2H Chart
Price filled the imbalance around $0.41 and tapped into the 4h demand around $0.4 where it moved up from as predicted. MACD is not clear, RSI is neutral and EMAs are bearish. Price needs to reclaim $0.43 in order to turn bullish and aim for higher pricing.
ENJ/USDT Looks Like Ready to flyOn 4H candle ENJ?USDT has broken out of its downtrend channel. Now you can take entry with proper risk management.
#ENJUSDT 6H Chart
Price swept the 6h demand zone before moving up from there. MACD is showing bullish weakness, RSI is neutral and EMAs are bearish. We may see a retest of the 6h demand before price moves up towards the 7h supply around $0.51.
#ENJUSDT 4H Chart
Price is still ranging in a descending channel. MACD is showing bearish weakness, RSI is sold and EMAs are bearish. I expect price to tap into the 6h demand around $0.41 before moving up again.
#ENJUSDT 4H Chart
Price is still ranging in a descending channel and it is currently getting rejected from the resistance line. MACD is not clear, RSI and EMAs are neutral. Price should close above that resistance line and reclaim $0.468 in order to aim for the 7h supply at $0.51.
#ENJUSDT 4H Chart
Price is overall ranging in a descending channel creating lower highs and lower lows. MACD is not clear, RSI is neutral and EMAs are bearish. Price needs to reclaim $0.485 in order to turn bullish.
$ENJIN ENJIN coin moving in narrowing channel between pressure zone.
Looking for bounce around lower blue level
Short covering plus long term support.
If bounce then looking for confirmatory retest then regain to prior resistance.
Keep and eye.
$ENJ Short ideaHello dear Traders,
Here is my idea for #ENJ
Price closed below yellow line (previous month low)
Price closed in 15Minute chart below purple trigger -> enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
#ENJUSDT 4H Chart
Price is currently ranging inside the 7h breaker zone showing no major movements. MACD is not clear, RSI is sold and EMAs are bearish. I expect price to reach the resistance at $0.535 before moving down again from there.
