ENJ
Enj last chanceThis is the last stand before HnS breakdown. Currently sitting at the golden pocket on fib retracement and well established horizontal support. Bounce above 3.87 (right shoulder) would invalidate HnS.
If we get a H4 close below neckline I’ve listed the price target at around 1.77, but support base before PT.
In Bull markets bearish patterns such as these rarely hit PT so make sure and move stop at break even or trail in profit if it does break down.
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Top 10 trading tips:
1. DO NOT FOMO into PUMPs.
2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Use multiple indicators to confirm your TA on price action.
10. Only trade what you are willing to lose. It will be hard to trade without emotions.
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
$ALICE in Wonderland or should I say the #MetaVerse?If you follow cryptocurrencies at all... you know the #MetaVerse is getting it done! $ALICE is a low liquidity coin and IMO has the ability to double or triple still from here? Only time will tell what lies ahead in the MetaVerse but at least you know that there are a lot of coins like $ALICE competing for your money!
ENJ/USDT 4HOUR UPDATEWelcome to this quick ENJ/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- ENJ/USDT is triangle pattern create conform and retest BUY the green zone.
Entry:-CMP and buy green zone
Traget:-30% to 40%
Stop loss :- $3.44
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
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ENJ/USDT 1 HOUR ANALYSIS Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
SNX /USDT lying on a strong support level or making triangle pattern.
Entry: ACCUMULATE BETWEEN $3.54 TO $3.5
Targets:
$ 3.717
$ 4.05
$ 4.28
$ 4.65
Stop Loss: 3.3
What's your thought on this?
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#PEACE
Enjin Coin ($ENJ) New FIBEnjin Coin ($ENJ) New FIB: $ENJ trades above the 50MA but the MACD and RSI are beginning to show signs of weakness. $ENJ meets $3.6281 support marked by a day of indecision. $ENJ is probably content to trade sideways as BULLS re-group and plan their next trades
Enjin Coin ENJUSDT Trade PlansBULLISH
1)HH and HLs.
2) Fib level 0.5 support at 3.43
Bearish
1) Bearish Engulfing at 3.8
2) Resistance at 3.62
3) Closed below Trend line
Trade Plan 1
Short from current price with tight stop loss
1) Entry 3.6
2) Stop Loss 3.7
3) Take profit 3.45
Trade Plan 2
Long if hourly candle closes above 3.65
1) Entry 3.65
2) Stop loss 3.43
3) Take profit 3.9
ENJ/USDT CorrectionAs you can see ENJ has completed its fifth growth wave and entered a correction. There was also a bearish crossover on the WT cross and a bearish divergence was applied. On the ADX you can see that the bears are pushing into the market and the bulls are letting them have it. My assumption is that wave B should be slightly higher than the fibbo level of 0.236. Wave C should end up between wave 1 and wave 4.
ENJ Enjin Strong :)Enjin is taking off with the rest of the gaming coins :) Daily chart looks strong for upwards movement ...
ENJ / USDT Breaking Resistance May Be Ready Now For Another MoveCharts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
Not a Financal Advice.
Entering ENJUSDT once BTCUSDT makes it's final drop to 53.I'm still uncertain if BTC will make the drop all the way to 53k but I'm leaning more toward yes. Once BTC does make the final drop then ENJ will be at support and ready for the buy and resuming it's bull run! Easy money guys.
Buy ENJ 3.70 - 3.55
ENJ / USDT 4H - falling wedge, breaking resistanceWow, what a black Friday sale on most cryptocurrencies today. ENJ / USDT has performed remarkably over the past few days. As most cryptos have fallen today, so has ENJ. I expect that this likely will continue its upward trend, as it is currently trying to break the resistance. Here seen in a narrow falling wedge.
If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 4.3$
TG2 - 4.5$
TG3 - 4.75$
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About Enjin:
"Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value."
Source: Coinmarketcap.com
ENJUSDT Technical Analysis⏳ Spot
💎 ENJUSDT has broken above the resistance level in the ascending channel. The price can go for a Pullback before it continues the pump
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 4.285 - 3.911
☕️ TP1 4.566
🍺 TP2 5.139
🍻 TP3 5.581
🍾 TP4 6.100
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 3.911 - 3.581
Good Luck 🎲
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