Enjincoin
ENJ BUY/LONG INCOMING! 1.20 to POTENTIALLY 7.00! Company Name: Enjin
Industry: CrytoCurrency | Blockchain
Technical Analysis
1. Large Flag / Pennant (Forming)
2. Fibonacci Retracement at 0.785 (Silver Zone)
3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: NOT READY
Entry Price: 1.20-1.25
1st SAFE Partial Take Profit: 4.7500
2nd Partial Take Profit: 7.0000
EXPECTED Take Profit in June-August 2021
ENJIN looking to complete H&S form before heading to the upside?Good evening friends today we are going to look at Enjin, I have been following Enjin since it's big initial pump back in April.
We can see that Enjin is almost done forming a head and shoulder form. Head and shoulder position is usually a selling indicator, but when its done forming I assume it will hit 3+ USD afterwards.
I think it will hit below the support line to establish the forming of the Head and Shoulder before continuing towards the upside!
What do you guys think? I'm always looking for input and other opinions!
If you found the Analysis helpful please like and consider following me!
Have a great day!
ENJUSDT Waiting for the breakoutENJUSDT (4H Chart) Technical Analysis Update
Waiting for the Resistance zone breakout
ENJ/USDT currently trading at $2.81
Buy-level: Above 2.90$ (only buy if 4h candle closes above 2.90$)
Stop loss: $2.47
Target 1: $3.15
Target 2: $3.27
Target 3: $3.55
Target 4: $3.85
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ENJUSD - FANTASTIC UPTREND🚀🚀ENJIN COIN
ENJUSDT BUY/LONG
For Spot and Futures Traders
Entry - $2.73 or market price
Tp1 - $2.9
Tp3 - $3.0
Stop loss - $2.50
Choose your leverage
Apply risk management
As we can see, price was formerly in downtrend. Price broke through successfully with a new uptrend in play.
Therefore I expect price to go long to $2.98 in the next seven (7) hours and to come down to $2.770 before it continues to go up.
What do you think?
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ENJ to continue uptrend +20%The Enjin Coin has already recovered some of the losses from the recent correction and the general altcoin setup looks favourable.
We’ve asked Hybrid Intelligence the following question:
“The cryptocurrency Enjin Coin (ENJ/USDT) settled at 2.68660 USDT at 10:18 AM UTC at the binance exchange on Friday, April 30. In your opinion, will ENJ/USDT trade above 3.22392 USDT (+20.0%) at any time before May 15?”
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Assurance: 81%
This is a very bullish sign — Hybrid Intelligence expects the uptrend to continue.
The price target is below the recent all-time high of $4. So the outcome doesn’t depend on breaking through untested resistance levels.