ENJUSDT trade ideas
Enjin (ENJ) - May be ready now for another move upENJ has pulled back with much of the market, Meta and gaming began pulling back slightly earlier as investors appeared to be cashing profits and rolling back into BTC recovery before BTC sharply dived taking the market with it, coinciding with reports of new COVID strain which no doubt bears have made the most of with some aggressive selling to drive FUD
Yet ENJ has held this trend and is now hoping to break upwards through this declining resistance, buy the retest or wait for it to break above last swing, still may break down and trade lower as sellers are still very active
Indicators look good, hopefully it can continue to push up
ENJIN COINENJ COIN is at good buy zone as it formed CUP&HANDLE PATTERN. after months enj coin will trade at 6$.
Entering ENJUSDT once BTCUSDT makes it's final drop to 53.I'm still uncertain if BTC will make the drop all the way to 53k but I'm leaning more toward yes. Once BTC does make the final drop then ENJ will be at support and ready for the buy and resuming it's bull run! Easy money guys.
Buy ENJ 3.70 - 3.55
ENJ / USDT 4H - falling wedge, breaking resistanceWow, what a black Friday sale on most cryptocurrencies today. ENJ / USDT has performed remarkably over the past few days. As most cryptos have fallen today, so has ENJ. I expect that this likely will continue its upward trend, as it is currently trying to break the resistance. Here seen in a narrow falling wedge.
If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 4.3$
TG2 - 4.5$
TG3 - 4.75$
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About Enjin:
"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."
Source: Coinmarketcap.com
BULL HAS just STARTEDMassive Bull Flag on weekly.
Minimum target $20.
No matter when.
The later it goes the sweeter the finish.
ENJUSDT Ascending Wedge - Looking to Re-Fuel Prior to LaunchENJUSDT has had a strong run up to this significant supply level. At the moment, we appear to be taking some time here to consolidate prior to attempting another push through.
the price action is forming an ascending wedge structure, which I'll be watching closely to help determine where to place my long orders. If the price breaks below the wedge, I'll wait for confirmation of a consolidation around the marked green demand area.
Alternatively, if BTC plays nice, the price may well push through the upper supply zone without coming back to re-fuel. If that occurs, I'll look for an entry on the re-test of the red box using a breaker block entry strategy.
#ENJIN #enjusdtON the to take it on your risk chances of making another high cuz meta season is going .
peace out trader.
Enjin: Cup and handle breakout of structure and retestEnjin just pumped up to the resistance level right up to the end of the handle. Retesting on lower timeframes atm.
Interesting Weekly Chart for ENJINThis idea is based on analysis of the Indicators and trandline that seem to suggest a long bull run for Enjin.
ENJ USDT Double Bottom Breakout ENJUSDT is looking very solid after forming Double Bottom in HTF. Hold this baby for a moon ride.
#ENJIN Cup and Handle Coincides with a Target of $6.30#Enjin Cup and handle formation is complete a high probability of Testing $6.30 in the near term.
Traders should follow strict stop loss as gaming projects space is overheating.
#SAND an exception as it is supposed to deliver on the 29th Nov 2021.
Enter or cry laterEnjin has formed a giant cup and handle and the rsi is ready to go. Let’s go Enjin!
ENJIN/USDTmain structure about price action included that impulse, correction and impulse. trend is your friend :-)
ENJUSDT Technical Analysis⏳ Spot
💎 ENJUSDT has broken above the resistance level in the ascending channel. The price can go for a Pullback before it continues the pump
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 4.285 - 3.911
☕️ TP1 4.566
🍺 TP2 5.139
🍻 TP3 5.581
🍾 TP4 6.100
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 3.911 - 3.581
Good Luck 🎲
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ENJUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 3.8 - 4.1 - 4.4
after first target reached move ur stop to breakeven
stop: ~2.5 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
risk is justified
Good luck everyone!
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It's not financial advice.
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ENJUSDT Made New ATH!ENJUSDT (Day Chart) Technical Analysis Update
ENJ/USDT currently trading at $4.25
Buy level: $4.00 - $4.25
TP 1: $6.00
TP 2: $7.50
TP 3: $10.00
TP 4: $15.00
Stop loss: $2.53
Max Leverage: 1x or buy it on the spot market
Always Keep stoploss
Enj breakout retest spike up and away Enj is another NFT metaverse gaming sympathy play and with influencers like Alex Becker shilling we should see some good pumping from here, at least another 40-50% in the short term (days)
ENJ UDSTENJ USDT, one of the great swing trading configuration of the Moment.
- Great Volume
- Figure RDM, VCP
- A great consolidation
- Sector of the Metaverse
So this is a combination of factors that gives a great swing trading opportunity.
₿ ENJIN Coin 1D ₿ : 23.Nov.2021 (ENJ)The price is currently breaking the dynamic resistance of its uptrend channel and after 8 months has managed to record a new ATH, congratulations to its holders ...
RESULTS :
Yield (Profit) from the first analysis and introduction: +120% ✅
Yield (Profit) since analysis 4 days ago: +37% ✅
ENJ Price Live Data
The live Enjin Coin price today is $4.12 USD with a 24-hour trading volume of $1,222,446,556 USD. We update our ENJ to USD price in real-time. Enjin Coin is up 22.50% in the last 24 hours. The current CoinMarketCap ranking is #53, with a live market cap of $3,439,815,838 USD. It has a circulating supply of 835,615,660 ENJ coins and a max. supply of 1,000,000,000 ENJ coins.
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.
You want to know more ?? Click on the source of it :
coinmarketcap.com
ENJ to the moon Breaking out of a t-cup formation, no overhead supply, no telling where it can land. Trade safe.
