#ENJ/USDT#ENJ
The price is moving in a descending channel on the 12-hour frame and is sticking to it greatly and is about to break upwards
We have a bounce from the lower limit of the channel at a price of 0.1240
We have an upward trend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1500
First target 0.1908
Second target 0.2208
Third target 0.2697
ENJBTC
ENJ/USDT upward momentum from demand? Enjin Analysis💎 Paradisers, #ENJUSDT is showing signs of a probable bullish continuation from its current demand zone.
💎 A bullish confirmation could occur if #ENJ breaks and closes above the supply zone (SZ) level at $0.3201 on a daily chart, signaling a continuation of upward momentum towards our designated supply area. Upon reaching the supply area at $0.4073, slight resistance may be encountered.
💎 Remain calm but alert; if it manages to break above this level and maintain momentum, a significant bullish movement could unfold. Conversely, if #ENJIN encounters strong rejection at the $0.4073 resistance, marked by a bearish candle, a retracement to lower levels might be on the cards, potentially pulling the price back to the SZ at $0.3201.
💎 As #ENJ nears this crucial demand area, it must rebound and persist in its climb to retest the resistance. Considering its history of recovering from key demand levels, there is a strong possibility that it could repeat this pattern and ascend further.
💎 It's vital to maintain vigilance and closely observe #ENJ's price movements. A breakdown below the demand area, confirmed by a daily closure below it, would challenge the bullish scenario and could result in further declines.
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iFeel the success🌴
ENJ LOOKS BULLISHWave B of the bullish pattern appears to be a triangle with only one wave remaining. With the completion of the E wave, it can move towards the targets.
If the price returns to the green range, we will look for buy/long positions
The targets are clear on the chart.
Closing a daily 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
#ENJ/USDT#ENJ
The price is moving within a 12-hour downtrend channel that it is firmly committed to, and has just broken through
We have a support area at 0.2400 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a bearish RSI indicator and it broke higher
Entry price is 0.3080
The first target is 0.4320
The second target is 0.5146
The third goal is 0.6343
ENJ looks bullishFirst of all, you should note that the time frame is large and time-consuming.
When the diametric ended, we had a bullish wave and then it ended. We are now in the second wave.
We expect another bullish wave from the green range.
At the top of the chart we have a liquidity pool that is expected to be swept in the next bullish wave.
Also, a 3D mode can be seen in big waves, where the price can create another bullish wave and complete this 3D.
The targets are clear on the chart.
Closing a daily 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
#ENJ/USDT#ENJ
The price is trading in a large descending triangle
About a year and a half ago at the level of 0.2150.
There are bearish reversal triangle patterns inside the large bearish triangle
Finally, the falling trend was broken and the rise began
Expected goals: 0.5800 From the current price 0.2600
Which represents 200% of the current price
All of this is backed by a big volume rally
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
Enjin to 16k Satoshi by August 2022This is a fun chart that I actually made into an NFT on the Enjin chain. The idea is simple. As you can see, ENJ is trapped in a certain zone. The future direction depends on where it breaks off towards. If ENJ breaks above the descending curve, then my prediction is at least 16k Satoshi by August 2022. It could take one of two paths up there. On the other hand, if it fails in the near term and breaks the zone downwards, then it would follow the curve down back into January 2021 levels.
You can view this chart here .
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
ENJ ANALYSISWe have a bullish structure on the chart. We have a damned range that seems to be suitable for a buy/long position
I specified the targets on the chart. I also specified the invalidation level.
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
ENJ/BTC - Enjin Coin: BBand_Breakout Resistance_Breakout◳◱ Hey crypto lovers, we've identified bullish signals on the NYSE:ENJ / CRYPTOCAP:BTC chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.0000126 | 0.00001285 | 0.00001347 and the major support zones are at 0.00001198 | 0.00001161 | 0.00001099. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ General info :
▣ Name: Enjin Coin
▣ Rank: 110
▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Media and Entertainment - Gaming
▣ Overview: Enjin is a Singapore-based technology company that provides services for building gaming communities as well as services for blockchain game developers. Enjin provides a suite of tools based on a web interface that supports Ethereum digital assets in the form of ERC-1155 tokens. Enjin also operates a virtual goods marketplaces for digital assets on Ethereum.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001255 ₿
▣ 24HVol: 5.181 ₿
▣ 24H Chng: 2.033%
▣ 7-Days Chng: 0.11%
▣ 1-Month Chng: -9.75%
▣ 3-Months Chng: -22.14%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0000126 | 0.00001285 | 0.00001347
◢ Support: 0.00001198 | 0.00001161 | 0.00001099
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -3.19
▣ Last 90D: -0.88
▣ Last 1-Y: -0.29
▣ Last 3-Y: 0.76
◲◰ Volatility :
▣ Last 30D: 0.45
▣ Last 90D: 0.73
▣ Last 1-Y: 0.87
▣ Last 3-Y: 1.34
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.79 - V. Bullish
▣ In-depth ENJBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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ENJ : UPCOMING INCREASEA new study shows that ENJ has the chance to show coming time new increase views since it's about to break an important key level.
We will follow ENJ to see if it's able to increase in the coming time.
✳️ Enjin Coin | New Series (Fast ALTSBTC #1)I will now share with you a series of trade ideas with pairs that are set to move strong against Bitcoin.
The bullish signals already confirmed.
Fast ALTSBTC | Altcoins vs Bitcoin #1
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Altcoin (PAIR): Enjin Coin (ENJBTC)
Trend:
Up
Potential: 100% to 180%
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Wishing you great profits and success.
This is not financial advice.
Namaste.
ENJBTC - Long Forecast of 40% Gains (It'll Take 2 Months!)ENJ is on the rise with such strength that ENJBTC has now just broken through the descending trend line it's tested on numerous occasions historically. As long as we stay above the level at 1850 we would quite possibly be seeing a long term gain of around 40% up to the 2700 level we've seen the price drift toward previously.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
4 Crypto assets to add to watchlistHello traders
for the week ahead I have chosen these four assets to watch. the parameters that was taken into consideration was mostly onchain and fundamental data of these assets.
as you can see I have showed the possible scenarios that I think are possible for these assets.
let me know what you think in the comments.
Enjin Coin vs Bitcoin Chart AnalysisThis is the last chart analysis request I received in the comments section and it comes from @vtropiq... Let's see what the chart has to say.
We are looking at Enjin Coin vs Bitcoin as the we already know the drill for the USDT pair, at least here we have a different chart.
The June 2022 low/support remains intact, which is good news.
The bad news is that the volume profile and 9-Nov. rejection does not signal a bottom, there can still be lower prices.
As long as the June 2022 low remains intact (0.00001712), the bulls can jump in at any time but, following the trend, we can expect the low to break even after a bounce if ENJBTC doesn't manage to move and close above MA200 on this timeframe.
Is that a mouthfull?
You tell me, I don't know...
I am just saying that a close above MA200 is needed in the least or else any bounce/upward correnction is just that... But the bottom is surely close.
Namaste.
P.S. The arrow are just potential path projections.
They do not predict expected time duration nor real path.
Trading opportunity for ENJUSDT Enjin CoinBased on technical factors there is a Buy position in :
📊 ENJUSDT
🔵 Buy Now 0.3155
🧯 Stop loss 0.2784
🏹 Target 1 0.3600
🏹 Target 2 0.4320
🏹 Target 3 0.5400
💸RISK : 1%
We hope it is profitable for you ❤️
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