ENJ Bullish Pennant Bullish Pennant and W pattern made by ENJ in USDT pair. Resistance zones mentioned on the chart as the potential targets.
ENJ
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 Bullish Flag Breakout?Breakout of bullish flag with valid volume can trigger Enjin leg up to 4$ levels. Not a financial advice, posted for follow-up position.
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 usdt - Still on the declineEnjin experienced a fantastic climb for March.
We're now seeing that cool off.
Falling trend and falling EMA.
ENJ Correction scenarioENJ is moving in an Eliot channel, needs a correction as it had a big pump recently.
Enter where I pointed for long
If you like my ideas, visit my telegram channel for daily updates.
ENJ hitting GannENJ Hitting Gann
We will continue to follow the evolution of ENJ
Will it continue at the levels?
What do you think?
🔥 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.
ENJUSD - Short Term Downtrend - Hoping for bounce higherI hold ENJUSD and would like to see it head up. It has to meet a few criteria to get there - see chart.
Enjin (ENJ) Touching Support! Falling or 250%-600% Returns? We are touching the 385 of the weekly leg and touching daily support. We need to wait for confirmations prior to entering or see a fall to the 61% fib (1.32) or even the 88% if that fails.
GOOD LUCK AND BE SAFE!! not financial advice but use proper risk guys!! DOnt yolo gamble money
ENJUSD will likely going Bearish in ShortermIn 4H show ENJ/USD going down to at least $2.08xx , if price didnt manage to breakout the downward trendline, it will down more to at least $1.91xx.
A breakout is imminentENJIN accumulation is still in the process. Uptrend holds strong. There is so much room for further growth. About 20% of new purchases are not stored on exchange accounts but withdrawn to wallets, which means people buy this coin for utilization towards NFT creation or purchasing gaming items like clothes, weapons, tools.
ENJUSD - Look for Upside Trend after a retraceFollowing ENJUSD hoping that it gets some momentum to break UP. It may take a quick u-turn down and test support before
making a stronger bullish uptick.
ENJ 12h Do you still have the strength to grow?Two months have passed since the publication of the previous idea of ENJ
And here's how it worked:
As we expected, the absolute maximum of the ENJUSDT price in the region of $0.48 was not updated from the first try.
There was a drop to $0.29, a consolidation and from the second time they were able to break through and gain a foothold above $0.48
And then we have uncorrected growth. A small consolidation was near the level of $1.25, which was the first target of profit fixing for us.
Probably one of the main factors behind this growth was the fact that Enjin Coin is an NFT token. And NFT tokens are now trying to hype no worse than Defi projects almost like a year ago.
Now the critical level is $2.90
Fixing the ENJUSD price above this level will open the way for another upward impulse to $4.00-4.10
If sellers are activated right now, then a sharp drop in price by -50% to $1.25 is possible.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
ENJ/USDT Chart 18/03It's getting embarassing lol
I truly hope it won't follow the same path again, otherwise it'd be quite ridiculous imho
Anyway, if we manage to find support at 2.519 and hold it, then further growth is plausible.
In that case, basing on this 4-times-right pattern we could expect it to visit the 3.51 area and get rejected to the previous high around 2.9
I am starting to feel sorry about posting this ahah
Is fifth time a charm?
$BTC - Next Game PlanPrice close above the Previous range high(blue line) which is bullish to me.
For Rest of the plan, see the chart.
ENJIN COIN SATOSHI ANALYSE My analyse and guide on following enjin for the upcoming period of time.
ENJ is one of my favourite cryptocurrencies and I believe we can continue up for sometime as long as BITCOIN remains strong and above 57k.
A sudden strong drop of BITCOIN would invalidate the analyse and a break of the support + last point would also change the bias of this pair.
$ENJ Needs to cool downIt's always good for crypto to take a step back and breathe. Alt coin season is upon us so there will be more gains to be made, but only if we do so responsibly.
Throwing this idea out to the community in hopes to get some feedback.
Disclaimer:
Not a financial advisor, invest at you own risk.
ENJ to $5 in March if it keeps this paceI could easily see ENJ keeping this pace in March. It might break trend and go sideways a bit, but I think if it does, it will come back very strong.
