ENJ
All depends on BTC! ENJ will move soon!Here's a Quick look at ENJ 6 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a bigger break to the upside soon. The best entry would be, when the price breaks above the triangle with good amount of volume . This is a sleeping beast! Keep an eye on this setup.
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The idea is: Buy the breakout from the triangle and take profits at the levels shown in the chart.
Targets:
1. 1.58$
2. 1.65$
3. 1.73$
4. 1.84$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ENJUSDBINANCE:ENJUSD broke down out of a triangle formation and is currently bearish.
What to watch for:
Buy if ENJ touches the Buy Zone at the $.84 or $.72 support zones OR multiple buy signals
As we move bullish again; Sell if multiple sell signals OR begin laddering sells at $2.00 resistance zone
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. The price is moving in an upward trend. We have reverse head and shoulders, which increases the price. As long as the price is above the green line, we are in an upward trend. We have specified the targets for you and if the price penetrates below the green line, we consider the fall, but we can have a buy step if the price approaches the support line. And place the exit point below the support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ENJ ConsolidationI believe the Market is heading for a Bullish run that will begin sometime in Aug & carry through the end of the year.
As I conistintely monitor the charts I continuously see this type of pattern playing out. A Bearish wedge that's coming to an end in August, YES we could very well see a large pullback & continue to see sell-off. But With so much integration going on, how can you not be Bullish?
ENJIN ON INCREASE TREND TO 1,35+Hello trading friends,
This is an update for ENJUSDT.
Depending on data EN looks to increase to above level of 1,35+
Use below the trend a good SL for in case the trend breakdown.
Like and follow for more charts.
Our goal to hold or increase our ratio 78% of winning trades
ENJIN- Our Selected Trade for the Weekend is CARBON NEGATIVE! 🍏If the weather is nice (if Bitcoin rises and the rest follow) then ENJIN will deliver.
If the weather will be bad during the weekend (Bitcoin drops and everything elses follow) then ENJIN will not drop as much as the rest.
Why? Because the charts looks much better than the rest of my favorites, including Ada, Sia, Vet and Celo.
Let's hope the weather will be good.
NEWS: Enjin said it sold $20 million in EFI tokens through a public sale on CoinList.
Held on June 24, Enjin said there were 40,089 participants in the sale who purchased the EFI tokens in just two and a half hours.
EFI is the native token of Efinity, a Polkadot-based parachain with a focus on non-fungible tokens (NFTs).
Despite a recent dip in the crypto market, the sale indicates continued interest in getting in early on new tokens.
The Efinity blockchain platform supports NFTs from any blockchain, including Polkadot, Kusama, Ethereum, Enjin’s JumpNet and more.
“NFTs are the future of digital ownership,” said Enjin CEO Maxim Blagov. “Efinity will provide the infrastructure needed to harness NFTs with ease, and allow creators to focus on the creative process.”
and more GREAT NEWS : Enjin, a blockchain gaming and nonfungible token platform, has stepped up to decarbonize its footprint by joining the Crypto Climate Accord, a move that adds further credibility to the industry’s growing environmental mandate.
The Crypto Climate Accord is backed by 20 firms from the blockchain, fin-tech and greentech industries. Inspired by the 195-signatory Paris Climate Agreement, the Accord was established in April to address the "large and growing energy consumption of cryptocurrency and blockchain, and the climate impact of their energy use.”
Enjin claims that its JumpNet blockchain has already achieved carbon-negative status nine years ahead of schedule. In March, the company said it planned to enable carbon-neutral NFTs by 2030.
the FXPROFESSOR
$ENJ/USDT 12h (Binance Futures) Descending trendline breakoutEnjinCoin broke-out bullish and is retesting the TL, it may pull-back to 50MA before bouncing again.
Current Price= 1.27.04
Buy Entry = 1.2406 - 1.1686
Take Profit= 1.4582 | 1.7380 | 2.1732
Stop Loss= 0.9924
Risk/Reward= 1:1.25 | 1:2.51 | 1:4.56
Expected Profit= +21.05% | +44.28% | +80.41%
Possible Loss= -17.62%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
ENJUSDBINANCE:ENJUSD is bearish and currently being wedged down by the 200 EMA (black line). We are bearish until we break over the blue downtrend line.
Steps to take:
Buy on candle open/close above $1.83 resistance line OR at break of blue downtrend line OR multiple buy signals
Should we dip down to the lower blue uptrend line that would also be a good buying opportunity
Sell if candle open/close below current support line