Enjin Coin ABC Bullish pattern Enjin Coin ABC Bullish pattern, target in green with Final target 1.618 fib
ENJUSDT trade ideas
ENJIN COIN TO SIX DOLLARS!I've had this one on my radar for quite some time now, looks like the market finally gave me a dip to buy.
Enter with a stop-loss below support.
First Target- All Time High
Second Target- Marked Blue Zonal Area(1.272 Log Fib)
Completion of the 5th impulse wave should take us above $6
🌳ENJ's Expected Movement in near FutureHello every one
ENJIN COIN / TETHERUS
ENJ is a Great Asset Which Has been quite Profitable in The Past few months But Right now a Heavy Correction wave has been Accrued. We can See Some bullish Signs on the chart. as you Can See The Price is Now at It's Major Support zone which is quite a Strong Support as well around 2$. The Bearish Trend Line (White Line) Is Gonna Cause Some Problem For Bulls Because If we Consider The Trend Line & The Support zone, we Can come To a Conclusion That The Price is in a Descending Triangle. But It's Not That Bad, because There is a Regular Bullish Divergence (+RD) On MACD which Suggest a Bullish Movement Is Coming. So If ENJ manages To Break The Bearish Trend Line, It can Easily Reach the Resistance Zone Drawn on The Picture. (around 3.5$)
What Is Enjin Coin (ENJ)?
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.
Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:
Infuses them with a reserve value
Ensures their transparency and scarcity
Gives them instance liquidity
Provides utility in games and apps
Anti-inflationary
Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.
🔴This is only an idea and not a financial advise ( NFA )🔴
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Have a nice day and Good luck
ENJUSDT Wave Analysis (GLOBAL VISION)Hello friends.
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Everything on the chart.
Without many words.
Globally, we are in the running triangle (wave of 4).
Main target zone: 5.5 - 6.5$
cancellation of growth, consolidation below 1$
risk is justified
Good luck everyone!
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It's not financial advice.
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ENJUSDT open doors who missed itENJ is coming to grab liquidity that is your chance to ride the train again.
Entry zones are marked on chart.
But trade what you see on chart not what you think thats price action when ENJ reached buying zones we will do final analysis.
ENJIN- Urgent Update w LevelsBad News:
Bitcoin tumbled in an extended selloff for cryptocurrencies, falling past $39,000 to its lowest level in more than five months.
The largest token sank 5.6% on Friday, marking a three-day downturn. Other cryptocurrencies were similarly in the red as investors offloaded risky bets in a volatile week for global markets. Ether fell below $3,000, losing as much as 8.8%, while Solana, Cardano and Binance Coin also slumped.
Here is our chart with updated levels. Remember to keep your cool and deal with every situation in the best way.
One Love,
the FXPROFESSOR
ENJ breakout, time to accumulateHello Friends,
Listing another gem for trading.
Check the chart, I have detailed it already.
The coming days will be crucial for ENJ.It is worth observing the coming days as they may be crucial in determining the direction in which the ENJ may go. Currently, the price of 2.14 $ is a strong support, while breaking the current support may bring the price down to $ 1.83.
ENJ Handle & Cup Pattern?This Handle Cup & Pattern looks similiar to Matic in daily timeframe a weeks ago
i decide to buy/long this one, and always put sl
you can use blue number or fibo for take profit
Enjin If charts going like my opinion i can buy on green balloon price and i can sell on red price balloon. If BTC going well we can see similar story on $ENJ.
ENJIN COIN RE-ANALYSIS (GLOBAL TARGETS)In our last Enjin coin analysis, we talked about how the price could go up to $6 dollars.
Today we will be talking about higher targets in our re-analysis.
Visit the previous analysis for inights(will also be linked below)
As we can see, price action is in a large ascending channel, one which price has continuously respected on each touch
Currently in a larger degree ABC correction wave (wave 4 correction wave) we can see that price hasn't yet touched the 0.618 fib level of our wave AB, which should be the first step to determining which type of correction we're currently in.
Wait for price to come back down to the .618 region before making any buys, and wait for the touch of the channel support before going long.
If you agree leave a like and share your thoughts and views in the comments.
Feedback is always appreciated.
ENJUSDTthere are two senarios explianed on the chart for buy or sell after retest look for candlestick pattern .
Please follow and like the idea for Support and More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love :)
Enjin/USDTenjin can go a bit up , the entry point gives us a good SL so this can be a good trade R\R wise
ENJUSDTEnj now is making a good correction with the last leg C, so the price now is at a good support and trend line that we hope to bounce from any of them
To have a safe entry you can wait for the breakout or u can take the risk with a little SL under the green line
Wish all the best for u and good day
Enjin Coin : Swing OppurnityProvided Chart Explains all
if any doubts pls comment on post.
hit a like if you think the trade will go as predictated.
i prefer stoploss at lowest point just below last candels wick
ENJIN COIN / TETHERUS !! ✈Enjin (ENJ) is an ERC-20 token on Ethereum that acts as the main utility token for the Enjin Network. The Enjin Network acts as a foundation of an interconnected ecosystem of blockchain-powered games. Many crypto games went through the trouble of building entire networks or at least creating unique tokens. Enjin wants to make the blockchain side of its games quick and seamless so it can focus on the game itself.
ENJUSDT Attaractive chartOver the past month, the crypto space has seen vast sums of money pour into Metaverse projects. The leading crypto exchange KCS and blockchain gaming platform ENJ allocated $100 million to build the Metaverse. In contrast, the existing virtual world gaming projects MANA and SAND have seen their tokens soar over 500% since the start of November...
ENJIN , ENJUSDT 1D Good To buy ^^
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
📊 #ENJUSDT ( ENJIN Coin )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 01.15.2022
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💡Don't miss the great buy opportunity in ENJUSD @enjin
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.35).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48
Take Profits:
TP1= @ 2.59
TP2= @ 2.90
TP3= @ 3.25
TP4= @ 3.52
TP5= @ 3.95
SL= Break below S2
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