Here is How ENJ can reach It's ATH once againHi every one
ENJIN COIN / TETHERUS
ENJ is in a Cup & Handle Pattern. The Break out Needed for Ascending Further Has Not Happened yet, But If The Expected Break out Happens, we Can See a Bullish Movement as Much as The Measured Price Movement. (AB=CD) if our Predictions become True, ENJ will reach It's ATH once again.
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ENJUSDT trade ideas
ENJUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
TP: 3.2 - 3.6 - 3.9
after first target reached move ur stop to breakeven
Stop: ~2.1 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward 1 to 2.5
risk is justified
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ENJ - Open position in this scenarioBYBIT:ENJUSDT
4H trend chart
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ENJ is converging and approaching to the end of triangle.
It encountered resistance from the downtrend line many times.
If price can breakout this trend line, trading strategy as below.
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Profit Targets:
a) 2.9475----Fib(1)
b) 3.0645~3.1120--------Fib(1.272~1.382)
c) 3.2140----Fib(1.618)
Stop losses:
a) 2.6615-----Red horizontal ray
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ENJENJ bounced from the support of $2.48-$2.56 area. The local resistance for ENJ is $2.95-$3.0 area and major resistance is $3.30 levels. We will see a rally towards all-time resistance if ENJ able to break and hold above the $3.30 resistance level. Keep an eye on the support and resistance levels.
ENJ ANALYSISHere's a quick look at ENJ 4hr chart . As we can see, the price has been showing a trend line resistance and moving also in the symmetrical triangle .
we need to break this triangle
Also formation of box t hat also need to break first for further go.
Now its time to wait and hold it
Definitely one to keep an eye on .
The best entry at Support level, also on trend support and after breakout and retest.
Targets
3.264$ , 3.956$ ,4.837$
THANKYOU
ENJUSDT is testing the 0.618 Fibonacci levelENJUSDT is testing the 0.618 Fibonacci level after the price bounced on our Weekly structure.
IF the price is going to have a breakout, from the weekly resistance (red one) According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
ENJUSDT - LONGBased on technical factors there is a long position in ENJUSDT Enjin Coin
ENJUSDT Enjin Coin
Score 1️⃣
🔵Long Now or set on Key Level 2.595
🟢Target 1 2.700
🟢Target 2 2.820
❌Stop loss 2.560
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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ENJUSDT - Long - Potential 23.85%ENJUSDT - Long - Potential 23.85%
Exchanges: Bittrex, Binance, KuCoin, Huobi.pro
Signal Type: Regular (Long)
Entry Zone:
2.68962559 - 2.68962559
Take-Profit Targets:
1) 2.68962559
2) 2.68962559
3) 2.68962559
Stop Targets:
1) 2.68962559
Entry Trigger - Triangle breakout