ENJUSDT trade ideas
ENJFirst they pump AMC and GME, then they pump DOGE, Then they inject the ENJ...
Longing with a 2x lev. tight stop.
ENJUSDT is testing the daily trendline 🦐ENJUSDT is testing the daily trendline, after a nice bounce on the daily support. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Bullish ENJINEnjin showing bullish signs of breakout. Of course it depends on the BTC chart at the end of the day.
ENJ 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
ENJIN - One of our FavoritesUpdated chart on ENJIN, one of our favorite projects.
Destination 2 and why not above.
Let's go ENJIN.
the FXPROFESSOR
Enjin? No upward movement!ENJ is within wave B of wave Y.
Due to current correction pattern, I think it's a kind of triangle patterns.
If it is as I said, it would be a timing correction.
Therefore there is no specific upward movement because of the correction pattern completion.
ENJ on the way downThe ENJ experienced a significant decline on April 29 and 30 after the formation of the head and shoulder pattern After that, due to the fall of Bitcoin, it continued to decline.On May 27, red candles appeared again after failing to maintain the uptrend.There is 1.21 support in the downtrend, which if broken, the touch of 0.80 important support is not far from expectation.This is not a financial recommendation
ENJUSDT - Daily ChartENJ need to set a daily higher low, we are currently testing broken resistance ( the falling wedge)
If we can make this a support zone, i expect us to see a nice reaction.
For every new follower i will add a new idea :)
Short - ENJ/USDTPShort
Reasoning,
Retest at resistance level confluence with supply zone (Gray box) and trendline,
Stoch RSI indicates overbought,
Take a risk 1% max...
Targets / invalidation point in the chart
ENJUSDT - Short - 12.43%ENJUSDT - Short - 12.43%
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (1X)
Entry Zone:
1.8260 - 1.8974
Take-Profit Targets:
1) 1.7286
2) 1.6038
Stop Targets:
1) 1.9855
Trailing Configuration:
Entry: Percentage (0.0%)
