ENJ volitility ahead!after a nice impulse the price has been in consolidation for some time. it seems like bulls are taking over.
ENJUSDT trade ideas
ENJUSDTENJUSDT Hight Risk 5M Chart
LONG BUY IN GOOD PART
Leverage: Cross (20.0X)
Entry Orders:
1) 3.231-3.268-3.326
Take-Profit Orders:
1) 3.382
2) 3.462
3) 3.537
4) 3.585
5) 3.623
6) 3.655
Stop-loss Orders:
1) 3.141
KEEP DESCLAIMER ON
Long on ENJUSDT. I see potential order block at 3.28
It should be a perfect buying opportunity with stop loss at 3.07
Reason;
I usually use Fib retracement as my basic strategy as well as support and resistance. I see a perfect retracement on golden zone 61.8 that is 3.29 which also aligns with the order block. Take profits are just truly based on inverse FIBS
Stop loss is set at 3.07 as it will break 78.6 on FIBS.
Keep you short loss small and profits big
This trade is 1:14 risk to reward ratio.
This is not financial advice. Invest only what you are prepared to lose and do not predict the movements, READ the charts.
Best wishes,
Zaki
ENJUSDTi think ENJ will have a slight pullback here
SP 1 : 3.29
SP 2 : 3.1
SP 3 : 2.91
let's see what happen next.
Note : My price point maybe inaccurate
trade safe.
self noteEnjin looks bearish on the hourly and the daily time frames.I am newbie to all of this analysis. its not financial advice. DYOR
#ENJUSDT#ENJUSDT
After break this resistance , it can touch the targets.
Tp 1 : 4.22
Tp 2 : 4.62
Tp 3 : 5.15
Sl : 2.72
Resistance : 3.65
ENJUSDT Technical Analysis⏳ Spot
💎 ENJUSDT has formed an ascending channel. After several rejections from the support zone price is moving to the upper band of the channel. It has also broken out of the descending triangle. After the breakout we can expect more bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 3.699 - 3.387
☕️ TP1 4.190
🍺 TP2 4.788
🍻 TP3 5.372
🍾 TP4 6.000
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 3.387 - 3.096
Good Luck 🎲
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Short-Term ABC correction ~ 21 Nov. ENJUSDT completed a 5 Wave movement,and most likely it will drop down A-B-C style, first to 3.4$ and then 3.2$.Most likely they will be followed by a generous pump.
on a 15 min timeframe, MACD histogram started ticking downwards, and RSI was at a max high.
#ENJ good entries ?#Enjin need a correction after it's ATH
Good points for entry are 3.2 and 3 . If support level is lost at 3, the next support level is 2.8
$ENJ the rally begins! $ENJ finally broke out of the cup and handle pattern. WRSI is breaking out of 70. Last time it did a whopping 1500%.
Initial TP: 7.2
#ENJ GEARING UP - POLKADOT PARACHAIN Enjin gears up for Polkadot Parachain Slot - Auction begins Dec 2nd with Winner annouced on Dec 9th. $100.0 million to allocate to an expanding ecosystem of Gaming, ART, Collectibles and Music in the Metaverse.
ENJENJ (USDT)
buy after breaking the green line
sell 50% of your profit at TP1 (10%)
sell another 50% at TP2 (16%)
Good luck......
🕹️ ENJIN = Gaming Leader + NFT.io 🍊 (p2)Can ENJIN reach (Ripple XRP?
Our guess is YES, it should pass it to say the least.
facts: ENJIN will need to x16 from where it is today to catch XRP
Enjin has been and will be one of our top-5 favorites.
The price can keep growing (we see a target of 7$ for the next 5 months).
What's new?
Well here you go, this is a message from my direct communication with Enjin:
'' It's currently not possible to launch a token using Enjin.
Although we'll be releasing the smart contract feature for our sidechain, JumpNet . You'll be able to program smart contracts and release your own tokens.
enjin.io
We're looking to release it around the end of this year or early next year.
As for an NFT marketplace, we'll be launching nft.io You'll be able to set up your own marketplace. We're looking to launch it around the same time as the smart contact release''
Ladies and Gentlenmen,
Keep your ENJines going,
the FXPROFESSOR
#ENJ breaking in a bullish manner The game is on ENJ. Seems to me we could see a break out if this flat top. Price making HH and low volume is an indicator of stronger bulls. Let’s see. Not FinCrypt ADVICE.
Long ENJUSDTLong EnjUSDT
I will enter this long above the weekly resistane of 3.35. It has been consolidating in this range since October30
Entry trigger 3.35
1st target 3.95 zone
2nd target 4.95 zone
Invalidation day close below 2.70
long trade idea for enjlong trade idea for enj , risk to reward is 3 , price actions seems to be re active and enj overall looks bullish
Enjin has a drop onto 2.0552Check this out!
You can see huge volume rate on the top of minus REGULAR divergence on the chart and that means we have a drop onto our hunting area.
This area is a good zone for buy limit order. Our target is clear on the chart.
If we going to lose this zone then we will be able to hunt ENJ again on strong support zone under our hunting zone.
ENHUSDT 4h falling wedge continuation patternENHUSDT 4h timeframe falling wedge continuation chart pattern
ENJ can Create a NEW ATH! Here is why...Hi every one
ENJIN COIN / TETHERUS
ENJ has formed a Bullish pennant. This pattern is gonna Increase the Measured Price movement as much as the measured Price movement( Flag pole). since the break out has not happened yet, we shall wait for it to happen and after that take a Good amount of Profit,because we are talking about a NEW ATH!
Summery:
-ENJ is in a Bullish pennant
-Can Increase as much as the Flag Pole
-No break out yet!
-Creating a New ATH is Possible!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
ENJUSDT to bounce off $2.36?• Since completing the cup and handle, ENJUSDT reached a top of $3.50, but did not manage to break it’s previous ATH of $4.00.
• I trade on larger timeframes, but might ENJUSDT be possibly bouncing off its Wave 1 peak of $2.36?
• Incidentally, $2.36 coincides with the 8D SMA.
• It would be rather bullish if ENJUSDT were to confirm $2.36 as support.
• If so, it might bring ENJUSDT to the top of channel at $8.81.
₿ ENJIN COIN 1W ₿ : 16.Nov.2021 (ENJ) #ENJIN_COIN is also reacted well to it's key support which is 2.2$ , i don't think that support will be lost easily , the next important target is 4$ ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Nov.2021
⚠️(DYOR)
$ENJUSDT UPDATE!Hi Traders,
Refer to the recording for the next scenarios and price levels for re entry!
Thanks
MS
