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Enjin Coin / TetherUS PERPETUAL CONTRACT

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ENJUSDT.P trade ideas

ENJ ROADMAPFirst of all, pay attention to the time frame. The time frame is big and time consuming. Our big triangle starts from where we wrote "start" on the chart. After the E wave ends and the triangle pattern is completed, we see a diamond diametric. We now seem to be in the middle of wave E of this triangle. Do not enter the position without confirmation and trigger and capital management. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
ENJ/USDT Could ENJ break the pattern or downward to the demand??💎 ENJ has recently experienced significant developments in the market. Currently, there's potential for ENJ to reach the demand and initiate an upward movement. 💎 However, if ENJ breaks the pattern without a retest at the demand, it may undergo upward momentum, targeting the supply area. A successful breakout of the supply area, probability could lead to an easy movement toward our target on the bearish OB. 💎 On the contrary, if ENJ fails to break out of the pattern, there's a likelihood of continued downward movement. Retesting the demand area becomes crucial for ENJ to gain momentum, break the pattern, and resume its upward trajectory. 💎 In the scenario where ENJ doesn't exhibit a positive response at the demand, lacking a bounce or favorable candle formations, it raises concerns about losing demand. This bearish momentum could lead ENJ to continue its downward trajectory, revisiting the bottom support levels.
by MyCryptoParadise
2
ENJ after the pullback can continue the uptrend ENJ after the pullback can continue the uptrend. It might get rejected from 0.3200 and continue to go up. 🔵Entry Zone 0.3086 - 0.3201 🔴SL 0.2902 🟢TP1 0.3455 🟢TP2 0.3709 🟢TP3 0.3975 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
ENJ/USDT | 1W 👀Enjin is a major platform for creating online gaming communities. It supports thousands of different games, and the total number of players in the communities already exceeds 20 million. Against the backdrop of the growing demand for NFTs and blockchain games, the project's token has significantly appreciated, becoming one of the most sought-after products in the GameFi and metaverse spheres. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of Enjin. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Enjin #Investment #ENJ
Long
by Nyskohuz
2
ENJ/USDT Bullish Reversal at Key Demand Level ?👀🚀 ENJ Analysis💎 Paradisers, take note of #ENJUSDT as it showcases a noteworthy pattern, securely positioned at an essential demand level, signaling the possibility of a bullish turn. 💎 In reviewing #ENJIN's recent movements, a pattern of descending to new lows has been observed, indicating a bearish trend. Yet, it's important to highlight that prior to this, ENJ was tracing an ascending channel pattern, from which it has recently deviated. 💎 This break presents an opportunity for a bullish reversal, especially since the price has now tapped into liquidity at the critical support level of $0.2529. Maintaining this level could spark a robust rally to challenge the existing supply. 💎 As experienced traders, we're prepared for various outcomes. If #ENJ does not achieve the anticipated bullish reversal, a push from a lower demand level at $0.2248 could be next in line. Nonetheless, falling beneath this level may indicate a deeper bearish trend is taking hold.
Long
by MyCryptoParadise
ENJ/USDT | 1d 👀1. Currently, the coin is within this ascending channel, and we are anticipating a breakout for a potential trade. 2. A robust upward movement is expected at the moment. ✅ Stay updated on market news and developments that may influence the price of Enjin. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Coins #Enjin #Trading #ENJ
Long
by Nyskohuz
ENJ wants to pumpFrom where I inserted START on the chart, it looks like a large degree triangle has ended. It seems that we have an ascending diametric. Price is pulling back down to test the FLIP range. In the green range, you can buy/long position. The targets are clear on the chart.Closing 1 4-hour candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
ENJ/USDT Bullish Reversal from Key Support? 🚀ENJ Analysis💎Paradisers, let's turn our attention to #ENJUSDT as it exhibits promising market activity. Following a rejection from its resistance, it is now positioning itself for a potential bullish resurgence from below its current support level. 💎 #Enjin recent behavior, we note that after facing rejection at $0.4287, it experienced a downward trend. Currently, the support at $0.3644 is pivotal. If NYSE:ENJ can regain momentum at this level and successfully challenge the robust resistance, it could set its sights on overcoming the higher resistance at $0.5021. 💎 Yet, navigating the unpredictable crypto market requires a readiness for various scenarios. If #ENJ struggles to initiate an upward move from the $0.3644 support, a recalibration of strategy might be necessary. 💎 This could entail preparing for a bullish resurgence from a slightly lower support level at $0.3294. Be mindful: a break below this level could indicate a shift towards a more bearish market trend.
Long
by MyCryptoParadise
1