ENJBTC
Support and Resistance on ENJHi Folks.
First time I've published an idea ... been tracking this chart for a while.
Given upcoming news about to drop, we could soon break through 1675 sats. After that I am looking for some resistance at 2240 sats (or around about 1.10 USD). But if ENJ really is providing a scaling solution on Ethereum... who knows where this could go?!
Not financial advice. Thoughts, suggestions welcome.
ENJUSDT - looks strongerlooks stronger than the market!
- accumulation
- key level
- global uptrend
- locally uptrend
-buy after break out
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
💡Don't miss the great buy opportunity in ENJBTC @enjinTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000860).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.00001370
TP2= @ 0.00001620
TP3= @ 0.00001970
TP4= @ 0.00002290
TP5= @ 0.00002560
SL= Break below S2
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💡Don't miss the great buy opportunity in ENJBTC @enjinTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000860).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.00001370
TP2= @ 0.00001620
TP3= @ 0.00001970
TP4= @ 0.00002290
TP5= @ 0.00002560
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ENJ Enjin Coin Binance 20 days to Double BubbleEnjin looks to be forming a typical W pattern. Target is from the base of the W to the neckline (middle of the W)
We measure this distance and then project it from the top of the right hand side W to give out target area
2254. Give or take 50 satoshi.
With Binance promoting Enjin in March, NFTs. It should hit above target.
Obviously, not financial advice, just for fun.
ENJUSDT (ENJIN COIN) - BUY ENTRY ANALYSIS 🔎
- ENJUSDT brokeout above the symmetrical triangle's inclined resistance.
- Price action is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Aggressive entry (risky) : market price (now).
- Conservative entry : breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
ENJUSDT (ENJIN COIN) - UPTREND CONTINUATION ANALYSIS 🔎
- ENJUSDT got rejected off the ascending channel resistance.
- The market then retraced for a retest of the ascending channel support and 0.618 fibonacci retracement level.
- The retracement is resisted by the descending trendline resistance.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
- Ascending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending channel support.
#enjusdt #enjincoin #4hHi guys..its the latest analyze chart of #ENJUSDT in 4H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
ENJUSD: Parabolic Growth Looms!What is Enjin (ENJ)?
Enjin Coin (ENJ) is a cryptocurrency and blockchain platform designed for the video game industry. It was created on the Ethereum blockchain by Enjin, a company that helps over 20 million gamers create sandbox forums and communities around their favorite games.
ENJ was the first Gaming Token Approved in Japan, which I expect to continue into the future with other countries!
The Hype Around Gaming Cryptos is immense don't doubt that!
ENJUSD Looking to continue its parabolic trend into the future.
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ENJUSDT - Bullish symmetrical triangle?To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = Bull (HH, HL), currently consolidating
Notes:
- Currently trading in a range between D1 S/R
- Forming symmetrical triangle on 4H
- On D1 respecting the 20EMA nicely as support
- Low volume, uptrending RSI
Ideas:
- Symmetrical triangle can breakout both ways, however due to previous uptrend, bullish breakout more likely. Would enter trade on the breakout/confirm candle
#ENJ, Bot decided to take an entry on the 1D UCTS Buy signal#ENJ
Bot decided to take an entry on the 1D UCTS Buy signal
Volume showing insane levels as its quickly pushing up..
Currently facing ~1300sats resistance level, but expecting a break over..
If happens, ~1500 sats as next target for almost 50% increase in 24hs (AltS)
#ENJ