ENJUSDT.P trade ideas
ENJIN COIN / TETHERUS !! ✈Enjin (ENJ) is an ERC-20 token on Ethereum that acts as the main utility token for the Enjin Network. The Enjin Network acts as a foundation of an interconnected ecosystem of blockchain-powered games. Many crypto games went through the trouble of building entire networks or at least creating unique tokens. Enjin wants to make the blockchain side of its games quick and seamless so it can focus on the game itself.
ENJUSDT Attaractive chartOver the past month, the crypto space has seen vast sums of money pour into Metaverse projects. The leading crypto exchange KCS and blockchain gaming platform ENJ allocated $100 million to build the Metaverse. In contrast, the existing virtual world gaming projects MANA and SAND have seen their tokens soar over 500% since the start of November...
ENJIN , ENJUSDT 1D Good To buy ^^
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
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📊 #ENJUSDT ( ENJIN Coin )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 01.15.2022
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💡Don't miss the great buy opportunity in ENJUSD @enjin
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.35).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48
Take Profits:
TP1= @ 2.59
TP2= @ 2.90
TP3= @ 3.25
TP4= @ 3.52
TP5= @ 3.95
SL= Break below S2
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💡Don't miss the great buy opportunity in ENJUSD @enjin
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.35).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48
Take Profits:
TP1= @ 2.59
TP2= @ 2.90
TP3= @ 3.25
TP4= @ 3.52
TP5= @ 3.95
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ENJ, big volumes on every drop, why is that a good thing? A trend line has formed on the ENJ chart, which is currently acting as resistance. It is worth noting that with every drop the volume increases, which is a good signal that the big players are picking up liquidity. A breakout of the trend line could be a good buying opportunity.
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.
ENJIN- Ready for Higher?Enjin is doing Really well today and just broke over the double resistance.
Can ENJIN make it to TOP-15?
We think it will, the chances are increasing with the launch of smart contracts in the next 2 months(that's why it is trending), the launch of NFT. io and the fact that it is established as the LEADER in GAMING CRYPTO SPACE:
Destination next is 3,3. Probably break over that level and we can start looking for 5$ mark
One Love,
the FXPROFESSOR
Do you think the price will increase or decrease?I have marked the support range with a green line and the resistance range with a red line.
There is a possibility of price growth from the green line.
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!!
Thank you for seeing idea .
Have a nice day and Good luck
#ENJ Static support of Fib range 0.618.#ENJ Static support of Fib range 0.618.
#ENJ Harmonic Patterns.
#ENJ Divergence in RSI.
ENJ Long or short playwait for retest in this area. It broke the structure now we are seeing a retest to go short. Or we can see a recovery to go long
ENJUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
TP: 3.2 - 3.6 - 3.9
after first target reached move ur stop to breakeven
Stop: ~2.1 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward 1 to 2.5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
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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Sol ready to buy On the 3 day chart sol has hit the lows and is now safe to buy ready for next phase upwards.
Breakout might come soonOnly take this trade if we break out to the upside from this pattern.
breaking down can lead to more downside moments
ENJ!!!Still very new to TA and trying to learn a lot!
Any feedback is greatly appreciated!
Yellow box is the buy zone after the break and retest!
