Drop before going upRight now there not much news or indication ENJ will move up from here and would likely have a retest of support before moving up or need a big news item to come out to push it higher, but right now most likely will see a drop to test the support before me see it go up again. So don't panic sell when it is going down, either Hodl through it or know when to buy it back.
ENJ
ENJ about to explode?!Here's a quick look at ENJ 4 hr chart. As we can see, the price broke out from a bigger bull flag. The price is right now forming a small bull pennant and we might see a move soon. Keep an eye on this one!
The idea is: Buy the breakout from level shown In the chart and Take profits at the level shown in the chart.
Targets:
1. 2.8$
2. 3$
3. 3.1$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!
ENJ/USDT 4h simple analysis in 30th/MarHi, crypto traders.
ENJ still keeps Up Trend.
However, because 20h, 80h and 240h are coming closer, it’s difficult to predict the next move.
If ENJ goes up:
1st target is 2.80USD.
2nd target is 3.10USD.
But I hope ENJ will go to the moon because of JumpNet launch in 6th/Apr.
If ENJ goes down:
1st target is 2.30USD.
2nd target is 2.00USD.
Enjoy your trading.
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ENJIN (ENJ) is next-gen NFTs.
Products that make it easy for individuals, businesses, and brands to use non-fungible tokens of the future.
You can check ENJIN from the following link.
ENJIN: enjin.io
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ENJ.USDT (Y21.P2.E1).Macro reversal.Re-accumulationHi Traders,
A few key bullish points >
a) Prior resistance level is now holding as support - purple band
b) 4 hrly 10/20 EMA supporting trend
c) clean trend from the previous bottom, 1/2 diamond formation
d) Fib level support.
e) Lots of media coverage
How to trade this.
Better to wait for the 2nd green candle for entry on the 4 hrly.
Just a cradle trade is worth going into. MACD convergent
All the best,
S.SAri
Macro view also a break from the channel with an upward trajectory
ENJ/USDT 4h analysis in 29th/MarHi, crypto traders.
ENJ (Enjin coin) is one of my favorite coin.
They plan to launch JumpNet in 6th/Apr.
If you are interested in it, you can check it from the following link (Enjin Blog).
enjin.io
Now ENJ is in Up Trend.
I hope it will go to the moon...!
Enjoy your trading.
ENJ BREAKOUT! GOLD CROSS ON 1HR PLAYING OUTENJ has put in a complex double / rounded bottom and broke above the short term upper trend line as well as local resistance level, with volume, possibly triggered because of the bullish golden cross of the 100 & 200 SMAs confirmed on 1HR TF.
For ENTRY - Look for a retest of fibs & local support levels. More bearish short term idea would be a possible retrace/retest of the rounded bottom pattern (but I wouldn't bank on that). ENJ can pump pretty hard, and with NFTs still in the news, I'm definitely bullish on short / mid term as alts start to take off again.
Don't forget to take profits though - like many alts, ENJ tends to put in these weeks long retrace/consolidations after/before pumps.
happy trades,
Crypto D
ENJ/USDT Prediction AnalysisGood Morning to all respected Investors and Traders,
I made a simple analysis for ENJ/USDT for today..
Nowadays, NFT Tokens are become happening..
So why don't we put our profit in those coins?
I reckon you guys to entry at my sign and take profit also at my "Potential Target 1 and 2"
BUY THE DIP !!
Happy trading y'all and good luck!!
Best,
DM
PS: This is not financial advisor. Please DYOR before entry the market.
ENJUSD short term will be down to at least $1.743xxFrom 4H chart show ENJUSD will likely downward to $1.743xx 1st target, IF price doesn't manage to sustainable and candlestick on 4H chart close below $1.743xx it will downward more to at least $1.559xx . and IF price cant sustainable and close below $1.559xx will likely down to $1.203xx . <<---- at this point whales will likely make this point as buy position.
Caution : This chart will be invalid IF candlestick is close above Downward Trendline.
ENJUSDT Flag PatternENJUSDT (4H CHART) Technical Analysis Update
ENJ/USDT currently trading at $2.27
Long Entry-level: $2.15 - $2.30
Stop loss: below $1.92
Target 1: $2.53
Target 2: $2.78
Target 3: $3.05
Target 4: $3.50
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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ENJUSDT Prediction If you've followed me for some time, you know my method is a little different from others, I'm using mostly pitchfork and pitch-fan and comparing relative market to each other to reach conclusion, that does not mean I'm a better technical person, but I have different perspective of market.
Enj hype is still valid when BTC bottom at 50600It seems the NFT hype is valid even when bitcoin bottomed at 50600. It shows low/no influence of BTC price movement on ENJ.
-> Down from ATH -35%
-> RSI shows no oversold
-> Price consolidation at 1.9 - 2-1
A nice opportunity for entry at this price for those who wants believe NFT and their application.
ENJ/USDT towards a CUP pattern | Jump Net Launch. 1 DAY chart of ENJ/USDT is indicating to a cup pattern in upcoming days. ENJIN is launching JumpNet on April 6, JumpNet is a high-speed bridge network that will allow free, instant on-chain transactions of Enjin Coin and ERC-1155 tokens.
Before this event, we may see consolidation and strong support between $1.7 to $2.05. After the event, there are high possibility to see Volume increase in ENJ.
One more update is that after JumpNet, ENJ is going to launch Efinity. which is scheduled this year in 2021, Efinity is a decentralized blockchain for NFTs that will support next-generation token features and assets from any blockchain.
So, ENJ is worth investing for long term. My prediction for this coin by July end to cross value of $7.
🔥 ENJ Classic Bull Flag PatternAfter seeing amazing gains during the first half of March, ENJ has come to a halt recently. During this period of consolidation a bull-flag pattern has emerged. This morning, helped by Bitcoins resurgence, ENJ has broken out of the bull flag, potentially targeting a new ATH and beyond.
Happy trading!
$ENJ smudge more redAs eager as we are to get back to the pure sugary ride to ATH, we unfortunately have to pucker up and put up with the sourness of a bears for a little bit more. Looking at the RSI we continue to have lower lows and no sign of bullish divergence to signal trend reversal. I do think it is possible for us to hit as low $1.75, especially due to the market conditions with ETH/BTC are really testing their support lines.
'Would love to read your discussions.