ENJ cup and handle Chart looks prime, bouncing off support and heading up to touch trendline.
- If trendline is broken look for TP1 on chart
- Once TP1 is broken we will probably see a pullback and look for entry to TP2
ENJUSDT trade ideas
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
ENJ dip done? Possible end of retrace wave, key $2.63 then 2.75Follow up to my previous post warning of dip from $3.25 (click) .
Expected retrace may have ended at its 4.236 extension.
Currently in tight orbit around higher tf dual fibs at $2.63.
Leaving orbit and breaking $2.75 could lead to new highs.
Prepare for a short orderOn the 4H TF, I see BINANCE:ENJUSDT has done the fourth wave at 3.34 and the last wave has been happening.
ENJ has done the first wave at 2.55. Then a pullback to 2.975. At this level, we can give a short order with SL 3.145 and TP 2.155 or expanded around 1.5
Time will tell
enj i think this is a nice chart for enj, i think its a very potential swing trade.
If im wrong or you have tips please comment so i can learn more.
ENJ breaking out of wedge patternYesterday, our internal bot generated a buy signal on ENJ. However, with price parked at resistance, we felt a retracement was in order so the recent gains could be consolidated.
Sure enough, after a brief corrective dip ENJ has gathered its legs to push through the resistance. Volume is a little lower than as expected on a breakout. Some of that could be due to the holiday market conditions with significantly less volume taking place anyway.
From a bigger picture perspective, $ENJ dipped and reversed at the 61.8% retracement level of the larger uptrend. After bumping higher, it created a wedge formation which can lead to powerful bullish breakouts.
The bigger pattern is bullish though the holiday conditions may stunt some growth.
Risk is best placed just below the recent swing low near $2.53.
Upside targets include $2.97; $3.30, $3.60, & $3.95
ENJ - a trend line has been formed, but a large volume has come Bitcoin has broken its local trend line, big volume appeared at the top and this is not a good signal. Therefore, there are several market scenarios to consider now.
There is a trend line on the ENJ chart, the price is testing the trend line for the fifth time, with each test the resistance is weakening and a breakout might come soon. I don't like that the ENJ also has a big volume on the top.
In case of a breakdown of the trend line, there could be a good buying opportunity. In case of a false breakdown a good opportunity to sell.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
ENJ as its MOST IMPORTANT level of this cycle: Major Golden FibENJ has pierced a now obvious key level defined by 2 golden fibs.
"Now Obvious" as in the whole world has seen the reactions here.
But us Believers knew of this landmark level even before first hit.
Break and Hold of 3.25 could lead to a new ATH.
Rejection here could lead to new lower lows.
Most likely we get a few "orbits" before decision.
.
I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.
ENJ/USDT Is ready to go upHi,
Enjin is looking good and holding the 10Ema on 4 hour strongly so far. I think it is ready for another leg up. DYOR not a financial advice.
Like my idea if you agree as this is my first one. Would appreciate your suggestions.
Thanks!
SHORT ENJJJJJJJ!!!I opened a big short position right on the yellow line, all indicators are bearish
not trading advice
looking strongenjin is a good coin to hold for both long and short term. my expectation as shown in chart
ENJ Breakout is possibleI think we may see ENJ price breakout the trendline soon for the following reason.
1. Daily Support can hold the price
2. Divergent on the price chart VS indicator
ENJ : Bull are coming?ENJ looks bullish since it already got rejected above 50 Daily EMA at 2.7450
Chart pattern : Bullish Flag.
The price have to Close above 2.9800 to continue it Bullish momentum.
If it fail, it will continue Bearish targeting 1H 50% Fib retracement at 2.5650.
Just my opinion. :D
Wish you all have a nice day. Hope this would help.
ENJ trying to break out from Cup & HandleENJ has to stay above 2.33 & break above 3.0 resistance at the Handle down channel.
If that happens,the upside is projected by using the height of the CUP.
Merry Christmas everyone!
ENJ Oversold 1hr tfENJ is already in parabolic play and in the early magic of breakout. It has already retested in the fib and it might bounce on the box preparing for late magic. I'm not seeing bearish divergence yet and in 4 hours it's still going up.
ENJ key levels.....ENJ recently break the trend line on LTF,
But on HTF, we having major Resistance @3.11 and @3.84
A solid daily close @3.41 signify more upsides to 4 or more, before some pull back, if less volume,
Arrows in chart shows some possibilities of price actions
Generally am still very bullish, alot of use case on ENJ
Note: NFA
DYoR!
Like comment and follow....
ENJENJ (USDT)
buy if the candle closes above the green line (4hr)
take your profit at TP
your stop lose : if the candle closes under the red line .
Good luck .
This is my idea : notzezo3
🕹️ ENJIN = Here We COME!!! 🍊Let's go Top-15.
Here is our updated chart with key levels (keep it round: 3...4...5!)
Nice article:
Buy Enjin Coin If You’re Bullish ‘Meta Mania’ Will Continue
It may have spiked in price during October and November, but metaverse cryptocurrency Enjin Coin (CCC:ENJ-USD) has sold off considerably in recent weeks. Dropping more than 46.7% from its all-time high on Nov. 25, this smaller “metacoin” has seen a slightly greater drop in price than its larger peers, such as Decentraland (CCC:MANA-USD) and The Sandbox (CCC:SAND-USD).
Yet while the metacoins trend seems like it could be as flash-in-the-pan as the “pupcoin” trend from a few months back, I’ll admit there may be more substance to this latest crypto-related phenomenon. Or else, tech giants like Meta Platforms (NASDAQ:FB), aka Facebook, as well as Apple (NASDAQ:AAPL), wouldn’t be gearing up to try and dominate the metaverse equipment space.
With this, the recent cooldown in “meta mania” may just be temporary. Much like how crypto in general has moved in waves, yet has steadily increased in value over time, the same thing could happen here with meta-themed digital assets.
Start Your ENJINS,
The FXPROFESSOR
ENJENJ broke pattern and and shifted the structure. Price now testing the local support zone. We've 2 areas to accumulate #ENJ, 1st at C.P ( $2.60) and 2nd at $2.25. Targets will be major resistance level around $3.20 - $3.30.
