ENJ/USDTENJ / USDT
It is in a trading area that has lost its support.
On the other hand, it broke its uptrend line downwards.
We expect the $ 0.57, $ 0.53 and $ 0.485 to fall.
#ENJUSDT #BTCUSD #ETHUSD #LUNABUSD #LUNAUSDT
ENJUSDT.P trade ideas
BUYING ENJ/USDT (SWING)$ENJ has hit support and make a strong rejection , Consolidation movement we can swing in this situation .
in lower time frame potential make a IHNS pattern
Indicator like RSI and stochastic showing oversold , we can setup entry
Buy zone : 0.666 - 0.646 - 0.625
Target : 0.695 - 0.712 - 0.742 - 0.774 - 0.876
Stop : 0.6
ENJUSDT levels of support and resistanceDuring the conduct of your analysis it is imperative that you remain aware of the whole area, even though your chart may show support and resistance represented by a single line. Be aware that the price may turn before the line; and that a break of that line does NOT necessarily constitute a break of the support and resistance level.
*Notice, that the violet zone is the price level where the most amount of volume was traded.
#ENJUSDT 2H Chart
Price is currently ranging slowly but steadily in an uptrend after tapping into the 2h demand zone. MACD is not clear, RSI and EMAs are both neutral. Price may still move down in order to fill the FVG (fair value gap) and tap into the next major 4h demand at $0.59 before moving up again to take out all the liquidity resting above both levels of equal highs.
#ENJUSDT 4H Chart
Price previously bounced from the 12h demand zone and left another major 4h demand zone between $0.55 and $0.59 with a FVG (fair value gap) between $0.6 and $0.645. MACD is not showing clear indications, RSI and EMAs are neutral. Price formed a major level of equal highs where we have lots of liquidity resting above it and overall i expect price to fill the FVG and tap into the 4h demand before continuing to move up.
ENJIN COIN WARMING UP ITS ENGINESGood morning all
We will be looking at the ENJ/USDT pair this time around
Lets begin!
In our previious analysis we pointed out regions where price could bottom out for enjin coin, as shown below;
Price is trading at that level currently and we have ourselves a Regular flat correction in play judging by the price action.
In theory a regular flat has it's C wave to be 61.8%, 100%, or 123.6% of wave AB. So far we have a 100% retracement leaving us with our worst case scenario zone aligned with the 123.6% fib support level. That said, this is a very good buying opportunity (don't take my word for it)
Our targets for the 5th wave fall within the $12-$15 dollar range depending on where the bottom will be.
Past analysis linked below
PLEASE APPLY PROPER RISK MANAGEMENT!
If you agree with the idea, pls like, share, and comment your thoughts below.
As always, feedback is appreciated!
ENJ/usdt 1d - falling wedge📍the asset draws another wedge. Now it's too early to talk about the entrance, the figure is not drawn to the end. We have already taken profit on this asset when breaking through a large wedge.
Now we will act in a similar way: if it breaks up, you can buy.
If we go down, we will most likely enter a sideways movement at the level of $1.19.
🀄Watching
ENJUSDT wants another breakout?After the previous idea where we made more than 24%, the price had a breakout from the weekly support on 1.17$.
at the moment the price is in the consolidation phase below the resistance and wants to retest the lower trendline of the falling wedge.
How to approach?
The price could create a new bear flag between the previous support now new resistance and the dynamic resistance, so, if the price is going to have a breakout from that structure, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
WHERE IS THE BOTTOM FOR ENJ? - ENJIN COIN ANALYSISIn our last enj analysis we talked about how price needed to reach at least the 61.8 retracement level of correction wave B as shown below
Now that we have reached and bounced from the 61.8 level, what comes next?
It appears our currect wave C has created a falling wedge pattern, which could soon be confirmed as a Running flat pattern 3-3-5 correction if we get another leg down.
Levels to watch out for buying are the 76.4, 85.4 & 90.0 fib regions. Have some orders at the 100% retracement level too(0.735) but i'm doubtfull of it.
Global View:
Should the above scenario play out, We will have ourselves targets ranging from $10-25
1st Target- Previous ATH
2nd Target- $10-13(1.382)
3rd Target- $17-25 (1.5-1.618)
If you agree, pls like and share your thoughts in the comments.
Always manage your risks.
ENJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENJUSDT
The price had more decline when it lost its support line. Now it is moving toward the first support line. In fact, we must wait and see what happens. Either it will move upward to the first resistance line in case it is supported, or it will have more fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
ENJ LONG SIGNALNice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
The BUY is OVER!!The Recent BTC pump as always had a strong effect on Altcoins.
Enjin being the Alt I trade at the moment saw a move to a 4HR supply after a brief sell.
And Also with BTC trading at a Supply zone I believe we are in for a sell to correct the imbalances and Liquidity lying below.
✅Potential Supply Zone
✅Failed Reaction
✅Bearish Change of Character Formed on 15M
✅Imbalances and Liquidity below to be cleared
Apply RM
✅SL=(-1%)
✅TP=(6.74%)
RISK🟡
Leave a like and also share your ideas
ENJ on the way to reach 1.05$(or 2.2$?)ENJ is in a Descending Parallel Channel Right now and This Means The Price Can Decrease further. But there is a Slight Chance that the Price would be able to Break the Bearish Channel & Reach 2.2$ again. But If It wouldn't be able to break the Channel, The Price Shall fall to 1.05$.
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Thank you for seeing idea .
Have a nice day and Good luck
ENJUSDT - Channel ENJ in a downward channel, perhaps we can have one more shakeout and move up possible 40% from here
#ENJ / USDT #Signal @everyoneBuy zone in yellow range
Potential targets around green levels
Buy & Hold investment idea not day trade
Stop loss (if any) depends on your strategy so decide yourself
**Fair bit of fear and volatility in the market recently so remember your money management**
**Please like and sub for more simple no junk trade signals**
ENJUSDT Attaractive chart.I spent a fair amount of time walking through airports on Saturday, and almost every single advertisement I saw was about cryptocurrencies. I’m serious. Grayscale this and Gemini that.
I was reminded, naturally, of the year 2000, and all the Super Bowl ads for dot-com companies that would be bankrupt within a year. It’s the same now.
Yesterday was supposed to be the “crypto bowl“, with all the fat-with-cash worthless firms pushing their crap on people, and I suspect most of them will be destroyed in due time. As I look at the alt-coin charts for ALGO, ATOM, CRV, ENJ, FIL, LINK, SNX, and SOL, all I can say is………….this entire space is going to be battered for a long time.
ENJ 4h Bullish SignEnj 4h Time frame showed the bullish Divergence and is tha Btc will stable I can move to bounce from down side of rising wedge pattern and move to upword.
Entry 1.1690 - 1.2000
Target 1.6100
Enjin Coin ENJ Price Targets and Stop LossENJ/USDT
Entry Range: $1.25 - 1.34
Take Profit 1: $1.57
Take Profit 2: $1.80
Take Profit 3: $2.20
Stop Loss: $1.16
ENJUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 2.1 - 2.4 - 2.9
after first target reached move ur stop to breakeven
Stop: 1.3 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ENJUSDT is creating a dalling wedgeThe price is testing the daily support on 1.3 inside a falling wedge after a rejection from the 4h resistance. Daily support is a key level.
On the bigger picture, we can spot a demand zone above the weekly support on 1.176$
How to approach?
the price could have a pullback until the previous 4h support now resistance on the dynamic resistance as well. If the price is going to have a rejection, we could see a new bearish impulse until the weekly support. The scenario is going to invalidate if the price is going to have a clear breakout above 1.4
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Enjin (ENJ) Buy ZoneEnjin (ENJ) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
Once again following risky our market condition, Enjin has retested to mid-term support of $1.3 zone before heading once again above our most important mid term level.
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$ENJ/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 1.295 - 1.265
TP 1 : 1.32
TP 2 : 1.36
TP 3 : 1.39
TP 4 : 1.415
TP 5 : 1.45
TP 6 : 1.49
TP 7 : 1.54
TP 8 : 1.61
Stop Loss : 1.24
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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#ENJUSDT 4H Chart
Price previously bounced perfectly from the 1h demand zone and left a 4h demand zone on its way up. MACD is turning bullish, RSI is neutral and EMAs are still bearish. I expect to see price tap into the 4h demand before moving up again towards the 4h supply at $1.52.
