Enjin (ENJ): Possible Trading TrajectoryI forsee three possible short/mid-term scenario's for Enjin. Patience is key! Will post an update as soon as the chart provides more clearity (at least for me).
Any thoughts, please do share.
As usual, best of luck!
-If you agree with this, like and share.
Cheers.
ENJUSDT trade ideas
Enjin Coin Daily & Weekly AnalysisI did the weekly and daily analysis of Enjin Coin. I think the rising trend will continue, so I took a position in the 1.60 region for the targets I specified.
Those who wish can place orders in the $1.45 - $1.60 region, and those who wish can buy markets. Let everyone manage their own risk.
$1,780 can be considered as a profit buying point for short-term traders and those who want to open a long position.
However, I do spot purchases. I am considering placing split orders in the $2,192 - $2,645 zones.
Those who wish can take the main money in these regions and put a stop to the entry area to follow the continuation.
It is not investment advice. Those who want can evaluate it at their own decision.
BINANCE:ENJBTC
Basic Breakout On ENJENJ is clearly signaling a bullish pennant on the weekly chart. It is also nicely holding the 50W EMA for its history.
Looking for rising volume and a breakout of the pennant pattern to the upside, which looks to be around the 0.382 Fib level at approx $2.
The next Fibonacci targets above the ATH are $6, $9.20, $12.50 +
ENJUSDT Technical Analysis
⏳ Spot
💎 ENJUSDT had formed a descending channel. After the break out above the channel it can go for a retest the previous resistance if it get rejected it would continue to go higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 1.400
☕️ TP1 1.650
🍺 TP2 1.800
🍻 TP3 1.980
🍾 TP4 2.180
🍷 TP5 2.400
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 1.290
Good Luck 🎲
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ENJUsdt all targetThe market is not stable now and there are many rats in the market
Of course, another drop is expected from Bitcoin, but I tried to set all the goals that anyone who buys for a short time knows where to go.
I set medium and long-term goals, but this time I tried to set short-term goals
Because they are not friends or hodler.
GL
EntryPoint:
1.259
Supports:
1.215
1.066 >>> BitCoin again fall can come on this point
0.0863
Resistance:
1.378
1.542
Targets:
1.657
1.811
2.065
2.354
2.835
3.594
mid time targets:
4.856
5.684
7.125
GL
Enj"Play and earn" was The most enjoyable sentences that I did love to hear when I was younger.
Nowadays Game tokens are growing great like Axs, Gala and so more.
The technical chart is on a good form and much more important point is that the whales are accumulating ENJ faster than before.
I believe ENJ is the next one and it can raise at least to 14usdt in the next upcomming months.
update cool off buy dip box_short term _think like this if possquick post but if alt hunting think value think L2 think dex's racking up fees and any real cross chain esp if a fiat on n off ramp incorporated easy to use deal is king here... what is usable and will continue to grow and be adopted.
small cool off as we get choppy n market decides where r new support and resistance box will be. do we see sustained positive uptrend overall crypto market primed for alt scalping n dip accumulation orrr do we see a huge pump small dip n then the big pump n dump as we consider some new ATH's. this second narrative seems more likely if we play this out over a longer time span. in the short we know it will be choppy but will the bottom just fall out as we _retail_ falls asleep or do we go up n up then shake out.... whacha all think big funds playn in the waters how will this impact the gen market trend over next week weeks n month or two.... whacha all think????
General crypto Market info_
coinpare.io coinmarketcap.com www.coingecko.com
news aggregator/crypto news feed n more_
cryptopanic.com
all things crypto market announcements etc calendar_
coinmarketcal.com
wallet tracker_
app.zerion.io
Eth wei_gas tracker_
txstreet.com
dex’s we use:
app.1inch.io
uniswap.org
zks.app
some of this below is from last month but still trending and relevant now.
1inch snx uniswap
zks
matic
fantom/ YFI aave mkr aave comp defi in general u cant miss
Voyager vgx
Bch e cash
Thore chain n rune token
Ada occ launch pad n more
Ada n cel link up
Reddit L2 bridge whats the stock token etc etc how does it work how much can u make how does that work
Serum
Injective protocol
Security tokens like z cash
Whats this meme stonner cat nft with ashton Kutcher mily who ever n vitalek butarian
Xrp payment network rumors n huge blocks being bought n put in place kinda gotta spend those bag holders profits with all this sec trouble they doing well tho n that dream team legal squad they got is setting new precadents
Omg
Band
Link
Lina dmst n other video games is it just hype see enj
Social media platforms like theta brave n aave launching twitter for them what else
Uniswap mentions for v3 like uma compound snx of course n who else again
Cross chain gonna be big like badger n keber or even enjin wallet etc enj mana
Open sea saw huge increase in use n traffic need to sell n build nft’s land whatever
a few alts look strong as h311 n market wind'n up _cool off n ..quick post but if alt hunting think value think L2 think dex's racking up fees and any real cross chain esp if a fiat on n off ramp incorporated easy to use deal is king here... what is usable and will continue to grow and be adopted.
small cool off as we get choppy n market decides where r new support and resistance box will be. do we see sustained positive uptrend overall crypto market primed for alt scalping n dip accumulation orrr do we see a huge pump small dip n then the big pump n dump as we consider some new ATH's. this second narrative seems more likely if we play this out over a longer time span. in the short we know it will be choppy but will the bottom just fall out as we _retail_ falls asleep or do we go up n up then shake out.... whacha all think big funds playn in the waters how will this impact the gen market trend over next week weeks n month or two.... whacha all think????
General crypto Market info_
coinpare.io coinmarketcap.com www.coingecko.com
news aggregator/crypto news feed n more_
cryptopanic.com
all things crypto market announcements etc calendar_
coinmarketcal.com
wallet tracker_
app.zerion.io
Eth wei_gas tracker_
txstreet.com
dex’s we use:
app.1inch.io
uniswap.org
zks.app
some of this below is from last month but still trending and relevant now.
1inch snx uniswap
zks
matic
fantom/ YFI aave mkr aave comp defi in general u cant miss
Voyager vgx
Bch e cash
Thore chain n rune token
Ada occ launch pad n more
Ada n cel link up
Reddit L2 bridge whats the stock token etc etc how does it work how much can u make how does that work
Serum
Injective protocol
Security tokens like z cash
Whats this meme stonner cat nft with ashton Kutcher mily who ever n vitalek butarian
Xrp payment network rumors n huge blocks being bought n put in place kinda gotta spend those bag holders profits with all this sec trouble they doing well tho n that dream team legal squad they got is setting new precadents
Omg
Band
Link
Lina dmst n other video games is it just hype see enj
Social media platforms like theta brave n aave launching twitter for them what else
Uniswap mentions for v3 like uma compound snx of course n who else again
Cross chain gonna be big like badger n keber or even enjin wallet etc enj mana
Open sea saw huge increase in use n traffic need to sell n build nft’s land whatever