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Enjin Coin / TetherUS

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ENJUSDT trade ideas

ENJIN- There is no emotion in TradingI am a bit sentimental, when it comes to projects I like and believe in but at the end of the day trading is just chart to me. ENJIN's inability to break higher back into the channel was an opportunity to go short and I did. At this chart you get to see the most likely scenario as well as the worst case scenario.. You also get to see the 'good' scenarion in which the price just gets back into the ascending channel and rises higher. Unfortunately at this very moment that third/good scenario is the less likely one. Again, most likely the 0,462 is a good entry for a new Long. Thus this idea goes as Bullish . Unfortunately, that little Push Higher never came: It will happen eventually so patience now and remmeber to short something even if you really like not to. One Love, the FXPROFESSOR
Long
by FX_Professor
6
🕹️ ENJIN -Just a little push = Breakout 🍊Potential Breakout here but still under resistance (previous channel). A lift over 0.585 could result in a significant rise to 70 and 83 cents. Enjin coin(ENJ) Enjin coin(ENJ) is the utility token of the Enjin Platform. You may ask, “what is Enjin?”. Enjin is a platform that allows the creation and purchase of non-fungible tokens(NFTs) that can be used in games. On Enjin, tools are readily available to enable the easy creation of NFTs for purchase and sale. With its unique offerings, it has supported 250,000 gaming communities and handled 20 million users. Some of the tools available on Enjin include Beam, Efinity, Wallet, Multiple SDKs, and wallet. All of these tools support the fast trade of NFTs. To carry out transactions on the platform, developers and buyers use the Enjin coin(ENJ) to access these tools. The token also has a deflationary supply, so the more its usage, the rarer it becomes. Hence, increasing in value. Not sure if the timing is right but it could be one of those classic breakouts we had before: One Love, The FXPROFESSOR
Long
by FX_Professor
Enjin Coin ENJ bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. Enjin Coin ENJ has a negative overall sentiment recently. I have the following price targets: ENJ/USDT short Entry Range: $0.49 - 0.56 Take Profit 1: $0.45 Take Profit 2: $0.38 Take Profit 3: $0.29 Stop Loss: $0.63
Short
by BuySellMarketMaker
ENJ Scalp - Very easy long😏ENj is awesome candidate for long since: ⭐️ BTC bullish ⭐️ Domination looks bearish ⭐️ We have 5 days of accumulation ⭐️ Spread is getting lower ⭐️ 4th approach ⭐️ Volume increases at top ⭐️ 50 ATR ⭐️ Over VWAP Will enter when price slowly squeezes to the levelon 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
Long
by Artem_Dishel
1
ENJIN - Updated ChartHi everyone, Professor here and time for announcements: I have decided to take it easier with charts for the next period and focus on education. In my time here at Tradingview I have met a lot of (mostly) nice people striving to 'find out' what will happen next and how they can trade and make money. 💭 Allow me to say that the vast majority (90%+) fail to do anything good with the information they receive here: - People don't realize that analysis (either Technical or any other kind ) and predicting 'what will happen next' is just not enough. Ever. - I would say that Prognosis (right word for what you think is Analysis) is less than 20% of the success - People don't know How to trade . (So why even look at charts? It won't help you much) - Even traders with experience and knowledge..it's what they want them to know thus they struggle too - The understanding of Trading that the average Trader gets from what's online is just WRONG - Not knowing is fine. 'Knowing'' something that is fundamentally wrong is Bad news (exactly the case with some here) - People do not know how to MANAGE their positions. That's number 1 issue - They (and probably YOU) don't know how to manage yourselves, your emotions, your budgets or the market. That's the main issue. 👉 So why keep posting charts so often when the problem is something different? There are TONS of material out there but I have seen nothing that meets my criteria and can actually help new traders in a simple, understandable, structured way that can work. 💡 So i decided to take some time off and create exactly that: An easy to understand Method that works for beginners. Look for it in September. I will be Back, The FXPROFESSOR
Long
by FX_Professor
1
ENJ could be in a downtrend - Cryptoz18 (Risk High)❶ Warning Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much. ❷ Tutorials ➤ Here you can find a brief explanation of how the operations work in case you are interested in following them. ➤ Here you can find an explanation of how to track our ideas: ✔️ Our operations are taken with StopLoss and Take Profit of 15 minutes. However, we are looking to try and catch a 4H trend. So, once we touch the TPM according to your own analysis you should consider whether to close the trade or move StopLoss to entry. ❸ Summary First I have to open my trades on Binance, if not then I don't have time. Sadly it took me a long time and a lot of the movement just happened, if it doesn't go back to that entry consider changing the setup settings. ❹ Operational Information • Entry price: 0.6826 • StopLoss: 0.7024 (Loss 2.90%) • TakeProfit Minimum: 0.6624 (Win 2.90%) • Recommended margin: 5% of the Futures account • Recommended leverage: 1x. • Temporality: 15Min - 4H
Short
by Hi244me
ENJUSDT is testing the 0.618 Fibonacci levelWe made more than 37% since my previous analysis, where the price had a breakout from the dynamic resistance and satisfy our rules for a new bullish impulse until the weekly resistance on 0.72$ area. Now the price is testing the 0.618 Fibonacci level on 0.66$ and the market is trying to get more bull positions in order to create a new breakout from the 0.72$ area. How to approach it? IF the price is going to have a breakout from the weekly resistance and retest it as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
ENJIN- Needs To Gain some Momentum (and Buyers)0.710 seems like a wall for Enjin at this stage. 0.66-0.64 area is where I would dare to go Long on this one. In general, ENJIN seems to be very quiet this period and despite the fact that i hold bags from 44cents it kinda feels like i could had used this buying power in better ways... Then again in many occasions great things happen in due time so i rather wait. Enjin is great, I feel it will do well soon. It has happened before: One Love, The FXPROFESSOR
by FX_Professor
2