ENJUSDT LONG* As expected, ENJUSDT retraced over the weekend.
* This sets ENJUSDT up for a cup and handle on the weekly timeframe, confluent with the larger inverse H&S that is forming.
* Confluent cup and handle and inverse H&S are forming amongst many smaller cap altcoins.
* Be aware of the larger picture, especially DXY.
ENJUSDT
ENJ/USDT approaching First Target of $2.40We highlighted EJN on July 14th after our Pro Oscillator had generated a BUY signal and gave an initial target of $2.40 and today we hit $2.20. We should still be able to hit the $2.40 before a consolidation could be expected. If you have any questions please let me know. If you would like access to our Pro Oscillator then DM us for a link. As always please DYOR.
ENJ/USDT can Reach 2.2$ soon.Hi every one
ENJIN COIN / TETHERUS
ENJ has recently Broken out of an ascending Triangle and now the price is ready to increase as much as the Measured price movement (AB=CD) . as you can see if we put the Crab pattern on the chart we can see that the last bullish movement of this pattern has yet to finish and the Expected price for both patterns (Ascending Triangle and crab) are near each other which is around 2.2$ . pay attention to Ex ret which is 1.618 this means the crab pattern is pretty reliable .note that the price is doing a pullback to the Top of the Triangle which is It's new support. after that the way to 2.2$ has no other problems.
summery:
-ENJ has broken out of an ascending triangle.
-The price can increase as much as the measured price movement(AB=CD)
-crab pattern is also telling us the bullish movement is not over .
-both pattern has same targets which sits around 2.2$
- the price is doing a Pullback to the triangle line after that It's Ready to Increase
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
enjusdtenjusdt
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ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has been able to break its resistance and stabilize above the line. We have drawn a support line for you dear ones that can support the price. And we intend to be able to reach our goal over time.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Bull Market Ends October/25. Enjin Reach $25- $32 , Bull Market will end in 2 months from now but i believe we will see Crazy Bullish Candles we never experienced since 2017 !!!! After October we will get in a small bear market for 6-8 months then continue to another bull market and new highs
Dow Jones due for a correction it will pull all markets down with it i believe from the charts it Will Each $35,600 Before it corrects to $25,500
Not Financial Advice
LONG ENJ/USDTStart accumulating ENJ/USDT. ENJ just broke out of the trendline and is expected to go 12% up from the current price. A retest is also possible therefore enter with a small position and accumulate more at the dip.
Accumulate between $1.62 to $1.72
SL: $1.57
Targets:
$1.77
$1.84
$1.93
Remember, we are going to accumulate this trade so do not use high leverage. Use max 5x leverage.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has started to move higher after approaching the support line again and we intend to be able to touch the target. We expect the support line we have drawn for you to support the price again in the event of a fall.But in case of falling below the support line and stabilization, we can consider more fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Why Log charts can be helpful in the crypto marketAs you can see, previous peaks almost disappear and become irrelevant as each new bull move occurs
Log charts provide a more detailed perspective of price action
Its crazy to think ENJIN could be $140, if that $140 price was hit, would tower over the current peak which is already massive
ENJ 4 Phase UptrendHere I have created what I call a 4 phase Uptrend, it's us creating Higher Highs & Higher Lows. But I got a little fancy with it, but it's why I do believe we will see some type of pullback maybe even another Inverted Head & Shoulders.
Our next resistance is at $2 so we have a possibility to see that this weekend if this Bullish Market sticks around.