Enjin Coin[ENJ] makes a strong bounce and breaks the resistance?A rebound may occur at the resistance, but it appears that it will breach it by looking at the other indicators.
ENJUSDT trade ideas
Eye On ENJ Need i say anymore.... Not financial advice, but I wouldn't be here posting this chart for giggles :)
ENJ: potential to rise furtherENJ chart is very similar to ADA , its good to hold for mid to long term.
PS:not a financial advice
exploding is nearcrab harmonic pattern:
AB=0.61 XA
BC=0.88 AB
tp1=1.6 BC=$3.84
tp2=2.24 BC=$7.15
tp3=2.6 BC=$10.5
tp4=1.6 XA=$11.5
tp5=3.6 BC=$28
ENJ/USDT Predictioon AnalysisGood morning too all respected Investors and Traders,
I made a simple analysis for ENJ/USDT
I reckon you guys to entry at 1.33 - 1.38 USDT
Take Profit at my "Potential Target 1, 2 and 3"..
In short term I guess ENJ will be 1.8 USDT
Make your own analysis is sounds better..
Happy trading y'all and Good Luck!!
Best,
PS: This is not financial advisor. Please DYOR before entry the market.
ENJ/USDTBuying some #ENJ, formed a double bottom and broke the descending trend line, ready to continue moving upwards.
Important: please remember that investing in altcoins is extremely dangerous at the moment.
If you liked my idea, follow me for more.
ENJIN ON INCREASE TREND TO 1,35+Hello trading friends,
This is an update for ENJUSDT.
Depending on data EN looks to increase to above level of 1,35+
Use below the trend a good SL for in case the trend breakdown.
Like and follow for more charts.
Our goal to hold or increase our ratio 78% of winning trades
ENJIN- Our Selected Trade for the Weekend is CARBON NEGATIVE! 🍏If the weather is nice (if Bitcoin rises and the rest follow) then ENJIN will deliver.
If the weather will be bad during the weekend (Bitcoin drops and everything elses follow) then ENJIN will not drop as much as the rest.
Why? Because the charts looks much better than the rest of my favorites, including Ada, Sia, Vet and Celo.
Let's hope the weather will be good.
NEWS: Enjin said it sold $20 million in EFI tokens through a public sale on CoinList.
Held on June 24, Enjin said there were 40,089 participants in the sale who purchased the EFI tokens in just two and a half hours.
EFI is the native token of Efinity, a Polkadot-based parachain with a focus on non-fungible tokens (NFTs).
Despite a recent dip in the crypto market, the sale indicates continued interest in getting in early on new tokens.
The Efinity blockchain platform supports NFTs from any blockchain, including Polkadot, Kusama, Ethereum, Enjin’s JumpNet and more.
“NFTs are the future of digital ownership,” said Enjin CEO Maxim Blagov. “Efinity will provide the infrastructure needed to harness NFTs with ease, and allow creators to focus on the creative process.”
and more GREAT NEWS : Enjin, a blockchain gaming and nonfungible token platform, has stepped up to decarbonize its footprint by joining the Crypto Climate Accord, a move that adds further credibility to the industry’s growing environmental mandate.
The Crypto Climate Accord is backed by 20 firms from the blockchain, fin-tech and greentech industries. Inspired by the 195-signatory Paris Climate Agreement, the Accord was established in April to address the "large and growing energy consumption of cryptocurrency and blockchain, and the climate impact of their energy use.”
Enjin claims that its JumpNet blockchain has already achieved carbon-negative status nine years ahead of schedule. In March, the company said it planned to enable carbon-neutral NFTs by 2030.
the FXPROFESSOR
$ENJ/USDT 12h (Binance Futures) Descending trendline breakoutEnjinCoin broke-out bullish and is retesting the TL, it may pull-back to 50MA before bouncing again.
Current Price= 1.27.04
Buy Entry = 1.2406 - 1.1686
Take Profit= 1.4582 | 1.7380 | 2.1732
Stop Loss= 0.9924
Risk/Reward= 1:1.25 | 1:2.51 | 1:4.56
Expected Profit= +21.05% | +44.28% | +80.41%
Possible Loss= -17.62%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
ENJ/USDTBreak of the Trendline
Good Structure
Check some indicators in order to Validate the trade.
Personally I'm waiting the retest.
ENJIN- Destination 2.33Gotta love your Enjin. Up over 10% today and ready to go higher.
Here is our chart with support as well as target profit.
One Love,
start your enjines.
the FXPROFESSOR
Enj is one of my favorites.hello, everyone.
Enjin is one of my favorite projects and I would fill my bag in any opportunity, yes I believe in Enjin and now this is one of those opportunities.
it is not a piece of financial advice always do your own research,
RSI Analysis(Not Financial Advice)
ENJ has seen some volatility on the charts in recent weeks plummeting below previous support levels.
ENJ RSI has been slowly rising since the correction and is showing consolidation between $1.00- $1.15. Building support levels here will be important as continue work on the Efinity continues. Latest NFT work on the DOT blockchain is showing signs of strong demand.
What will happen to ENJ next?
Happy Investing
