ENJUSDT
Enjusdt Broke the down trend line looking for an opportunityRight now the price has broken a Down-trend line and now is ready to go higher. According to macd, stoch rsi, and Rsi signals, there might be a small retrace to the support line on 1.093$ and then a bounce up and that price might be a good entry. If the price breaks below that level there is a high chance for it to go even lower to 0.906$, 0.07714$, 0.6560$ if we don't hold the first supports.
P.S: This is not financial advice. Always do your own research.
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ENJ waiting to complete that triangleWe are currently in a Descending Triangle and we are waiting for the pattern to be completed. If we break below because we don't have strong support, it would be possible to drop down near the 0.8$ range. It can be a good short position.
Like and share your ideas in the comments. Thanks
Enj/usdtENJ has grown well in recent weeks, but now the situation is different so you have to be patient and trade carefully. If the market continues to decline and Enj rejects its support at 1.08, a fall to (0.87 and 0.67) is possible. But if the market returns to normal and ENJ is supported and crosses the same range of 1.12 to 1.2 with strength and we see a few positive candles, we can expect a rise (1.519, 1.70 and $ 2). (Bitcoin conditions also affect)
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ENJ/USDT Preparing The Rocket To Fly Again 🚀🚀🚀💡 Trade Idea
📈 ENJ/USDT | Buy Limit @ 1.2792
🎯 Target Profit 1.4210
🛑 Stop Loss 1.2212
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price was in a clear upward movement where it posted a lower correction to the 1.2792 mark. We have a confluence zone between this support and the 61.8% Fibonacci retracement which might cause a pump to the upside toward 1.4210 mark.
ENJUSDT - looks strongerlooks stronger than the market!
- accumulation
- key level
- global uptrend
- locally uptrend
-buy after break out
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ENJUSDT H4: BEST Level to BUY/HOLD 150% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
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-24/7 uptime so constant updates
ENJUSDT H4: BEST Level to BUY/HOLD 150% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ENJUSDT 4hour chart review
::: chart looks good /strong
::: accumulation in range
::: some overhead resistance
::: expecting pullback
::: back to mirror S/R level
::: expecting short-term pullback 20%/30%
::: BULLS wait for re-test of key S/R
::: and BUY/HOLD after pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +150% gains later
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is 150% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +150% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ENJUSDT (ENJIN COIN) - BUY ENTRY ANALYSIS 🔎
- ENJUSDT brokeout above the symmetrical triangle's inclined resistance.
- Price action is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Aggressive entry (risky) : market price (now).
- Conservative entry : breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
ENJUSDT (ENJIN COIN) - UPTREND CONTINUATION ANALYSIS 🔎
- ENJUSDT got rejected off the ascending channel resistance.
- The market then retraced for a retest of the ascending channel support and 0.618 fibonacci retracement level.
- The retracement is resisted by the descending trendline resistance.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
- Ascending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending channel support.
ENJUSDT - hold coin strong project / with a great future.
about ENJ
We're building a product ecosystem that will help humanity create advanced virtual economies through the power of blockchain technology.
We’re a fully distributed team spread across five continents and a dozen countries—unified by a mission to build futuristic, world-class products.
#enjusdt #enjincoin #4hHi guys..its the latest analyze chart of #ENJUSDT in 4H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Who freaked out on Enjin Coin's drop?Warning: our thoughts are ours; not financial advice.
It's normal to freak out, especially when you are always focused on the smaller timeframe.
We only make decisions on the bigger picture.
No matter what happens, the daily candle close is what matters most.
We saw a low of 44 cents at the early hours of today. However, the price still trades within the channel.
How bad can this go? Maybe 40 cents. We'll be stacking up even more at this point.
💡 Don't miss the great buy opportunity in ENJUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EnjinCoin/TetherUS ENJUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 0.660
TP2= @ 0.780
TP3= @ 0.950
TP4= @ 1.100
TP5= @ 1.230
SL= Break below S2
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