ENJ short term price predictionMy short term basic analysis for ENJ (Scalp) based on Price action
Everything on the chart
NFA
Enjusd
Enjin Coin ENJ Price Targets and Stop LossENJ/USDT
Entry Range: $1.76 - 1.96
Take Profit 1: $2.26
Take Profit 2: $2.64
Take Profit 3: $3.20
Stop Loss: $1.57
ENJ cup and handle ideaCould a cup and handle be forming on enjin? it is very possible if it breaks through the 2.21 main resistance.
ENJ In in a Broadening wedge & It can Do 2 Things!ENJ is in a Broadening Wedge Pattern. This Means It can range In It Since There is no Break out Happend yet! But The odds of Doing a Break out Right now Is Not Zero! Since The Market Has Started a New Bullish Trend It is Possible for ENJ to be able To Break the Broadening Wedge Pattern.Right now The Best Support Level for ENJ Sits around 1.7$. There are 2 Scenarios Right now! One Is That ENJ would Like To Stay in The Broadening Wedge & Reach 2.150$ and Start Correction From The Top of it Back to the Mentioned Support Level! another Thing Is That Enjin Coin Would Break the Pattern and Start a Strong Bullish Wave From There! The Biggest Resistance afterward is 3$! We Shall See The Reaction From The Resistance (2.150$ The Red line ) Soon!
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ENJ/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
If the wave count is correct, ENJ should be working on the last impulse wave (5) of this current cycle. It's wave (3) on a larger cycle.
#ENJUSD MOSTLY LONG POSSIBLE BINANCE:ENJUSDT
As i study and on chart and price movements and some other marks to be sure of opening long position, just i can say it will happen but may we see little pullback and then move upward... anyhow keep an eye on #ENJUSD CAREFULLY
GL
ENJ/USDT BUYING SET UPENJ Potential break double bottom pattern , volume showing big buy volume on daily chart
MACD Showing bullish crossover on daily
Target mentioned in the chart
Stoploss : $1.57
Risk : 5%
ENJ 15M LONG (Metaverse)ENJ analysis If this scenario works out, you can purchase ENJ around the 1.3145 - 1.2963 range because BTC is now sideways.
You can set your stop loss at $1.28.
Leverage is advised. 10-20 If you're making a profit, always use SL+.
This is simply our take on ENJ.
#ALWASYDYOR
#DYOR
#FUTURE
Enjin Daily Falling Wedge - Bullish The falling wedge is a bullish trading pattern as you can see as price getting tighter the further it continues into the wedge, eventually this pressure will cause price to break out to the upside
ENJ ; simple bottoming fractalENJ ; simple bottoming fractal
last enj idea was sound asf. hit that 200ema and rejected right back down. (linked)
the btc fractal im looking at is showing a double bot, or even a slightly lower low, and usually ENJ dumps HARD so that SHOULD mean a lower lower on ENJ too..
lets see how she plays out!
ENJ - macro look at momentum & EMA 200ENJ - macro look at momentum
everytime it has hit that momentum low it has rebound up to the 200ema
target is around 2.20 if history repeats
is this time different?
also iam starting to experiment with these volume profiles as you can see. defining 'order blocks' by it, like the edges on either side should be the pivots. anyway ill keep experimenting with them and see what happens.
regardless of this idea this price point here on everything is a big pivot. so place your bets now.
gl
DigitalSurf: Enjin Loses Steam! $0.50 Due for Testing?Based on my assessment of ENJUSD, I must say, there's something terribly bullish setting up, long term.
In the meantime however, PA suggests that a drop below $0.50 is very likely.
How could you maximize profit and minimize your loss with this setup?
#Enjin Coin #ENJ weekly close and following week very importantEnjin Coin (ENJ) weekly close and following week very important.
There is a good chance to let the MA-Ribbon breakout be fakeout.
RSI needs to come back above the new resistance (old support). OBV still looks stable.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
🌳ENJ's Expected Movement in near FutureHello every one
ENJIN COIN / TETHERUS
ENJ is a Great Asset Which Has been quite Profitable in The Past few months But Right now a Heavy Correction wave has been Accrued. We can See Some bullish Signs on the chart. as you Can See The Price is Now at It's Major Support zone which is quite a Strong Support as well around 2$. The Bearish Trend Line (White Line) Is Gonna Cause Some Problem For Bulls Because If we Consider The Trend Line & The Support zone, we Can come To a Conclusion That The Price is in a Descending Triangle. But It's Not That Bad, because There is a Regular Bullish Divergence (+RD) On MACD which Suggest a Bullish Movement Is Coming. So If ENJ manages To Break The Bearish Trend Line, It can Easily Reach the Resistance Zone Drawn on The Picture. (around 3.5$)
What Is Enjin Coin (ENJ)?
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.
Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:
Infuses them with a reserve value
Ensures their transparency and scarcity
Gives them instance liquidity
Provides utility in games and apps
Anti-inflationary
Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.
🔴This is only an idea and not a financial advise ( NFA )🔴
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Thank you for seeing idea .
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The coming days will be crucial for ENJ.It is worth observing the coming days as they may be crucial in determining the direction in which the ENJ may go. Currently, the price of 2.14 $ is a strong support, while breaking the current support may bring the price down to $ 1.83.
ENJUSD is pricing a bottom. $20 long-term target.Enjin is trading below the 1D MA50 (blue trend-line) but is within a long-term Fibonacci Channel since March 2020 market sell-off. Based on the 1D Ichimoku Cloud and the LMACD, the current price is roughly at the same stage it was in late October 2020. I have a long-term target at +$20.00.
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ENJUSDTEnj now is making a good correction with the last leg C, so the price now is at a good support and trend line that we hope to bounce from any of them
To have a safe entry you can wait for the breakout or u can take the risk with a little SL under the green line
Wish all the best for u and good day
Here is How ENJ can reach It's ATH once againHi every one
ENJIN COIN / TETHERUS
ENJ is in a Cup & Handle Pattern. The Break out Needed for Ascending Further Has Not Happened yet, But If The Expected Break out Happens, we Can See a Bullish Movement as Much as The Measured Price Movement. (AB=CD) if our Predictions become True, ENJ will reach It's ATH once again.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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Have a nice day and Good luck
Will ENJIN Continue UP like this? An idea for ENJUSD,
A parabolic curve can be drawn from each bottom point
Perhaps this will be a larger curved trend that will hodl in the medium term (yellow)
Blue line is what I expect of this indicator if price does increase
ENJ - Open position in this scenarioBYBIT:ENJUSDT
4H trend chart
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ENJ is converging and approaching to the end of triangle.
It encountered resistance from the downtrend line many times.
If price can breakout this trend line, trading strategy as below.
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Profit Targets:
a) 2.9475----Fib(1)
b) 3.0645~3.1120--------Fib(1.272~1.382)
c) 3.2140----Fib(1.618)
Stop losses:
a) 2.6615-----Red horizontal ray
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ENJ ANALYSISHere's a quick look at ENJ 4hr chart . As we can see, the price has been showing a trend line resistance and moving also in the symmetrical triangle .
we need to break this triangle
Also formation of box t hat also need to break first for further go.
Now its time to wait and hold it
Definitely one to keep an eye on .
The best entry at Support level, also on trend support and after breakout and retest.
Targets
3.264$ , 3.956$ ,4.837$
THANKYOU
ENJUSDT, Its ready to move upwards to the 1st targetHello everybody
ENJ is one the most powerful token of project that is working in blockchain gaming base
According to the chart you can see the price impact good to the support zone area that is trendline support and we expect the price to go up until reach to the 1st target.
Wait to do a liitle correct that these green candle and after that you can entrance in long position and buy until the target reach.
Dont forget observe capital management
Previous analysis :
Good Luck
Abtin
MATIC TOP PATTERN Matic does look a lot like ENJ... Is the top in?
Matic does look a lot like ENJ... Is the top in?
