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Enjin Coin / TetherUS

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ENJUSDT trade ideas

ENJ SHORT !!!Hello Everyone ! Hope your all doing Great? Upwards Resistance level: $1.15 - we have had several daily closes below that strong support now turned resistance level. personally i believe everything in crypto depends on bitcoin and bitcoin is not looking too convincing for a rally up to $40k probably we might see a downside to $25k then to $22k where the 3day 200 ma resistance line and 3year resistance level can hold then we find our bottom and rally up. targets : Enjin needs a weekly close below the 50 ema line, cause none of the heikin ashi candles have closed below there to make it another strong resistance level like $1.15 so i say a close below 0.92 we can then have tp 1 at $0.70(again) tp 2 $0.5 tp 3: $0.30 tp4 $0.20 then after said tp's we can have a relief rally to $1.99 -$ 3 most importantly enjin is about to have a death cross both on the moving averages and exponentials 50 & 200!
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by DingsX
ENJ/USDT expecting continuation of the bearish movement.Hi every one ENJIN COIN / TETHERUS as you can see ENJ/USDT has been falling for a while and the Bearish Trend line which It has created has not been broken so there is a chance that the price remain bearish. also we can see that the price has formed a Descending triangle which of course means the price has still room for Decreasing .there is also a Hidden bearish Divergence(-HD) on RSI as well which well suggest a bearish Movement as well! 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
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by CobraVanguard
16
ENJ/USDT 4h simple analysis in 20th/JunHi, crypto traders. ENJ is in a Strong Downtrend now. The price continued to go down and finally, 20MA (blue) broke 60MA (green) to the lower side. Because the sequential order is 60MA (green) > 20MA (blue) > 5MA (red) > the candle, the trend is a Strong Downtrend. If the price keeps under 5MA (red), this bearish trend continues. Conversely, if the price goes up, the 1st target will be the cross-point with 5MA (red). Because the price already broke my target: 1.15USD, I think it will continue to go down. But we should watch the next move carefully. ==TODAY’s Check Points== - The candle goes up and breaks 5MA (red) clearly? - The candle continues to go down and reaches 1.00USD? ==TODAY’s Target Price== ENJ goes up: 1st target: Cross-point with 5MA 2nd target: Cross-point with 20MA and 60MA 3rd target: 1.58USD (the last highest price) ENJ goes down: 1st target: 1.00USD (A nice round number) 2nd target: 0.735USD (the lowest price in 23rd/May) 3rd target: 0.475USD (the lowest price in 28th/Feb) Enjoy your trading. ================================= #Efinity Token Sale coinlist.co Sale Period Begins: 24th/Jun/2021, 17:00 UTC #Event schedule xxx/2021: NFT.io launch (nft.io) xxx: Efinity launch #Latest Enjin blog/news (in 18th/Jun) How NFTs Are Revitalizing the Creative Industry enjin.io
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by Bot_Muto