ENJ - Clean TAEnj seems to have found support on last cycles top range, keep it simple.
Clear current resistance and off to the next.
ENJUSDT trade ideas
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.
❗️Get my 3 crypto trading indicators for FREE❗️
Link below🔑
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
ENJ short period analysis NYSE:ENJ
Short period analysis ⏰
Simple s/R 💘 ☺️ 🎮🎯
Weekend candle was opened 😂 Strong below 📍 turn 💯 bearish 🛑
1st box 📍 is not big deal 🤝 but we see some pressure in lower time frame #LTF
$0.32-0.33 WILL be the 1st target 📌
In High time frame #HTF big yellow 🟡 box play key 🗝️ role 🙂
I don't think 💬 it will break so don't keep hopes on this coin too much bullish 😂
$0.44-0.544 will be my 2nd final Target 🎯
Let's watch 👀 how PYR liquid 💰 will support here 👍
EMA 10 crossing down EMA 50 Yes, when the Exponential Moving Average (EMA) with a shorter period (such as EMA 10) crosses down below the EMA with a longer period (such as EMA 50) on a 4-hour chart, this is often referred to as a "death cross." It is a bearish technical signal that suggests a potential shift in the trend to the downside, indicating the possibility of a bearish or downward movement in the price of the asset being analyzed. Traders often pay attention to such crosses as they can be used as part of their trading strategies to make informed decisions. However, it's important to consider other factors and conduct thorough analysis before making trading decisions based solely on this signal.
ENJ • CRYPTO LONG TF M30 , TP = 0.235#ENJ • CRYPTO
LONG TF M30 , TP = 0.235 , SL = 0.216
The trend continues, the nearest support level according to my calculations TP 0.235
ENJUSD ❕ tests the supportTD Sequential formed an up reversal signal (4H and 30m TFs)
The chart has reached the support level.
I expect a rebound.
ENJ sell TradeHere is My Study On ENJ
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
ENJUSDTENJUSDT is in bearish trend.
Potentially printing LH and LL .
NO sign of trend reversal here.
we wait and watch for the breakout of last LL.
ENJ Longterm down trendENJ is currently testing its yearly low. If price can not stabilize above $0.22.
Looking to enter in a long term short position.
Market cap is around $250 Million.
Jan 2021 market cap was $110 Million.
ENJUSDTENJUSDT was trading under declining trendline and recently it seems like bulls are starting to take the charge and has given the breakout from declining trendline with significant bullish candles .
Currently the price is retesting the broken trendline , if the retest level holds it could be a nice buying option.
What you guys think of this idea?
📊#ENJ breaks out of triangle structure, goes to the moon?🧠ENJ has been running in this model for 1 year, and finally started to rebound after breaking the low point in 2022. Now we are near the first resistance level, and RSI has also appeared in an oversold state. I think we should not be too anxious, and should retreat to re-accumulate strength when we encounter the first resistance level, because we have consumed too much strength when we broke the triangle resistance line.
📉So I opened some short setups around the resistance looking for a short-term pullback
let us see👀
