💡Trade Idea #ENJ/USDT:#Enjin facing massive resistance. Just being patient and waiting for a breakout.
ENJUSDT trade ideas
ENJ Enjin Coin Price TargetBinance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is ENJ Enjin Coin .
I've set a short-term price target for ENJ Enjin Coin at $0.22.
Looking forward to read your opinion about it!
ENJ ANALYSISWe have a bullish structure on the chart. We have a damned range that seems to be suitable for a buy/long position
I specified the targets on the chart. I also specified the invalidation level.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ENJ currency breaks the downward trend and is preparing to rise ENJ currency breaks the downward trend and is preparing to rise in the coming days
ENJ ANALYSIS🔮 #ENJ Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #ENJ and trying to retests the level. It's a weekly breakout and we can see more higher price in long-term. 📈📈
💸Current Price -- $0.2780
📈Target Price -- $0.4885
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ENJ #Cryptocurrency #Breakout #DYOR
ENJ LONG ENJ is above a significant resistance level.
If broken, it can easily reach the levels we previously mentioned.
$ENJ (Enjin) Analysis$0.420 potential target. Might break the first bearish order block due to presence of liquidity above it
6Fibonacci levels and 175%profit for the most trending CMC siteIt is currently at its lowest price. Its blockchain is launched and about to explode. Be sure to allocate some of your portfolio to this coin. It has the potential of 1000% profit up to the $2 area in the medium term. One of the current golds
ENJ Growth Spurt: Buy Your Ticket to Profit!"Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
ENJ - Clean TAEnj seems to have found support on last cycles top range, keep it simple.
Clear current resistance and off to the next.
ENJ PUMP AFTER DRAGON PATTERN 🐉🐉🐉ENJ is in the spotlight, and for a good reason. It's unveiling a remarkable pattern that resembles a dragon – not the mythical creature, but a distinctive market formation. This dragon pattern, akin to a double bottom with a liquidity sweep, is signaling a strong bullish surge on the horizon. 📈🐉
The Dragon-Like Pattern:
The dragon pattern observed in ENJ's chart is nothing short of fascinating. It exhibits the characteristics of a classic double bottom formation, but with a twist. It incorporates a liquidity sweep – a strategic move to clear out orders around key levels. This distinctive combination is often seen as a robust bullish signal. 📊🔥
The Liquidity Sweep Effect:
The liquidity sweep's primary purpose is to pave the way for significant price movement by clearing out opposing orders. This move can act as a catalyst for an impressive rally, which is precisely what ENJ seems to be gearing up for. 🌊🚀
Anticipating a Bullish Surge:
With this dragon pattern in place, ENJ appears poised for a robust upward surge. It's as though the dragon's wings are ready to take flight, and the destination is higher price levels. 📈🦅
Trading Strategy:
Pattern Recognition: Pay close attention to the dragon pattern formation on ENJ's chart.
Risk Management: Implement sound risk management practices to safeguard your investments in the often volatile crypto market.
Stay Informed: Keep an eye on ENJ's fundamentals and any relevant news that may impact its price action.
Conclusion:
The world of cryptocurrencies is brimming with unique patterns and price movements. ENJ's dragon-like pattern, with the added element of liquidity sweeps, is an exciting signal for the potential of a substantial price increase.
As always, while patterns can provide valuable insights, they are not guarantees. Navigate the crypto market with caution, stay informed, and trade wisely. The dragon might just be getting ready to breathe fire into ENJ's price.
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ENJUSDT - W1\D1ENJUSDT
The price was able to break through W1 - the trend line. The best option for considering purchases is to wait for the trend level to be fixed; a more convincing option for purchases would be a retest of this level of 0.2390.
If the price is not fixed behind the trend line, you can expect the price to move down to the level of 0.2040 - from which you can expect a rebound and consider buying.
What can you expect?
If successful fixation behind the trend line, you can consider entering from the nearest levels of 0.2390 with a small risk on the idea with a target of 0.3670
It is better not to take increased risks; a correction is being traded. Cancellation of the idea when the low of the 2nd wave is broken.
If the price does not consolidate, then wait for the entry point at the level of 0.2040 and below.
Long
Targets 0.2860 - 0.3025 - 0.3360 - 0.3670
ENJ/USDT bullish horizon? 👀 🚀 ENJ Today analysis💎 Paradisers, direct your attention to ENJUSDT as it showcases a captivating trajectory within the demand zone, suggesting a heightened likelihood of an upward trend.
💎 ENJ is consistently demonstrating robust momentum above the em100, further bolstering its potential for an upward journey. A notable resistance awaits at the supply level of .2410.
💎 Surpassing this threshold amplifies the probability of challenging a more formidable resistance. However, if the market presents a significant rejection and the price doesn't surpass the previous high, there's a chance for a bullish continuation from the current demand level.
💎 A breach below this demand zone could tilt the balance towards a more pronounced downward trajectory.
ENJ's Bullish Wedge: Unlocking ATH🎮💹Enjin (ENJ), a distinctive contender in the cryptocurrency arena, is currently in the midst of an exciting journey, setting the stage for potential surges in value. 🎮💹
Soaring to New Heights: ENJ's Redemption
Enjin, known for its association with the gaming industry, has weathered its fair share of challenges. However, like a protagonist in a captivating storyline, it's now ready for a remarkable comeback.
Gaming Meets Blockchain: A Powerful Combo
The fusion of gaming and blockchain technology is a match made in heaven, and Enjin is a front-runner in this game-changing fusion.
Chart Analysis: A Glimpse into ENJ's Future
A close examination of the charts reveals that Enjin is showing signs of life. The formation of a significant bullish pattern, the falling wedge, hints at a potential breakthrough.
Trading Strategy: Navigating ENJ's Ascension
For traders, recognizing Enjin's potential within the gaming and blockchain spheres should influence their trading strategies. Keeping an eye on pivotal indicators, staying updated with the latest news, and monitoring gaming partnerships are essential.
Conclusion: Enjin's Epic Journey
As Enjin redefines its narrative, it stands on the precipice of an era that could have profound ramifications. The convergence of gaming and blockchain, combined with the potential resurgence of the cryptocurrency market, positions ENJ as a project with a bright future.
🎮 Gaming and Blockchain | 📈 Cryptocurrency Surges | 📊 Trading Insights | 🚀 Price Targets
❗See related ideas below❗
Feel free to share your insights and engage with our community. Your active participation enriches our crypto discussions. 💚🚀💚
Enj 1w in a tight area Enj in a tight area but unsure if it is going to breakout unless to closes 1d above 2377
Also, set an alarm it goes down to the demand area because it will be a million trade.
All the best insha Allah!
ENJ │ 11.10.2023BINANCE:ENJUSDT.P
We are considering a potential price level breakout. There are several key signals that serve as our guiding principles (if one pays attention, these same points serve as signals in all our ideas). Observations provide us with confidence in the high potential of this situation.
Before crossing the level, we observe intense position accumulation and reduced volatility, indicating overall market interest and readiness for a move. Furthermore, we notice that the instrument has not been below this level for a long time, suggesting a lack of resistance on the path of price decline.
Going forward, we will monitor the instrument's movement as it approaches the level. We pay attention to the battle between buyers and sellers and will choose the side that exhibits a stronger position during the level breakout process.
Signals for level breakout
bar closure near the level;
bar closure near its high/low;
close retest of the level;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
a clear zone beyond the level;
the instrument is being held from falling/rising in price;
there is a reserve of calculated ATR;
there is a reserve of technical ATR.
Trade Parameters
Open : 0.21200;
Take profit :
0.20751;
0.20601;
0.20452;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
ENJ is Ready To Leg Doen and we Open Sell Trade On it. Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
ENJUSDTBINANCE:ENJUSDT Long idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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ENJUSDT Long/Short ... Just an IDEA ...ENJUSDT is @ BUY ZONE which is between R1 and SL given @ chart....
BTC's Next move will decide the uptrend for this coin....
Slowly u can enter @ this zone and keep Acc...(ABOVE .2310 Start Adding)
This can bring nice profit in cmg dayz...
NAFA n plzzz DYOR...
ThankYou....
ENJ Next Support & ResistanceENJ Next Support & Resistance
0.149601063
0.200009677
0.224170571
0.270237766
0.322452573
0.448084839
ENJ/USDT potential shift? 👀 🚀 ENJ Today Analysis💎Paradisers, gear up for a potential golden opportunity with ENJUSDT! Our observations show that it's navigating within a symmetric triangle, firmly holding onto a pivotal support level, hinting at an upcoming bullish phase.
💎Over the past month, ENJUSDT has been maneuvering within this tight triangular formation, with a crucial support at 0.2160. Our current outlook suggests a possible retest of this support zone before embarking on an upward journey. A breach of this structure would further solidify the bullish narrative.
💎 However, should the support falter, expect a pronounced downward shift. In such a scenario, strategize for a short entry post-retest.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
