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Enjin Coin / TetherUS

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ENJUSDT trade ideas

Enjin Coin (ENJ) - June 1hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ENJUSDT 1W chart) Below 0.563 is likely a long-term investment area, so you need to trade cautiously. (1D chart) In the short-term and medium-term perspective, it needs to move above 0.744 for support to turn into an uptrend. Accordingly, it is an important issue whether it is supported over the 0.673-0.744 range. (buying) - After confirming the support at 0.744 (Stop Loss) - When the resistance falls below 0.673 - When it falls below 0.563 (Sell) - When resistance is received in the 0.943-1.124 section - When receiving resistance in the 1.626-1.878 section ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
ENJIN COIN WARMING UP ITS ENGINESGood morning all We will be looking at the ENJ/USDT pair this time around Lets begin! In our previious analysis we pointed out regions where price could bottom out for enjin coin, as shown below; Price is trading at that level currently and we have ourselves a Regular flat correction in play judging by the price action. In theory a regular flat has it's C wave to be 61.8%, 100%, or 123.6% of wave AB. So far we have a 100% retracement leaving us with our worst case scenario zone aligned with the 123.6% fib support level. That said, this is a very good buying opportunity (don't take my word for it) Our targets for the 5th wave fall within the $12-$15 dollar range depending on where the bottom will be. Past analysis linked below PLEASE APPLY PROPER RISK MANAGEMENT! If you agree with the idea, pls like, share, and comment your thoughts below. As always, feedback is appreciated!
Long
by RektMyMom
8
ENJUSDT wants another breakout?After the previous idea where we made more than 24%, the price had a breakout from the weekly support on 1.17$. at the moment the price is in the consolidation phase below the resistance and wants to retest the lower trendline of the falling wedge. How to approach? The price could create a new bear flag between the previous support now new resistance and the dynamic resistance, so, if the price is going to have a breakout from that structure, 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 🦐
Short
by InkyGrip
2
WHERE IS THE BOTTOM FOR ENJ? - ENJIN COIN ANALYSISIn our last enj analysis we talked about how price needed to reach at least the 61.8 retracement level of correction wave B as shown below Now that we have reached and bounced from the 61.8 level, what comes next? It appears our currect wave C has created a falling wedge pattern, which could soon be confirmed as a Running flat pattern 3-3-5 correction if we get another leg down. Levels to watch out for buying are the 76.4, 85.4 & 90.0 fib regions. Have some orders at the 100% retracement level too(0.735) but i'm doubtfull of it. Global View: Should the above scenario play out, We will have ourselves targets ranging from $10-25 1st Target- Previous ATH 2nd Target- $10-13(1.382) 3rd Target- $17-25 (1.5-1.618) If you agree, pls like and share your thoughts in the comments. Always manage your risks.
Long
by RektMyMom
4
ENJUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ENJUSDT The price had more decline when it lost its support line. Now it is moving toward the first support line. In fact, we must wait and see what happens. Either it will move upward to the first resistance line in case it is supported, or it will have more fall. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
by MarsSignals
The BUY is OVER!!The Recent BTC pump as always had a strong effect on Altcoins. Enjin being the Alt I trade at the moment saw a move to a 4HR supply after a brief sell. And Also with BTC trading at a Supply zone I believe we are in for a sell to correct the imbalances and Liquidity lying below. ✅Potential Supply Zone ✅Failed Reaction ✅Bearish Change of Character Formed on 15M ✅Imbalances and Liquidity below to be cleared Apply RM ✅SL=(-1%) ✅TP=(6.74%) RISK🟡 Leave a like and also share your ideas
Short
by SpellzcfiMedia
1