Enjin
ENJIN - Smart Money Enters Into MarketHello traders!
I believe this is the time to buy as smart money enters into the market ... See the volumes in hourly, 15 minutes and 5 minutes time frames.
Good luck!
ENJENJ (USDT)
buy if the candle closes above the green line (4hr)
take your profit at TP
your stop lose : if the candle closes under the red line .
Good luck .
This is my idea : notzezo3
🕹️ ENJIN = Here We COME!!! 🍊Let's go Top-15.
Here is our updated chart with key levels (keep it round: 3...4...5!)
Nice article:
Buy Enjin Coin If You’re Bullish ‘Meta Mania’ Will Continue
It may have spiked in price during October and November, but metaverse cryptocurrency Enjin Coin (CCC:ENJ-USD) has sold off considerably in recent weeks. Dropping more than 46.7% from its all-time high on Nov. 25, this smaller “metacoin” has seen a slightly greater drop in price than its larger peers, such as Decentraland (CCC:MANA-USD) and The Sandbox (CCC:SAND-USD).
Yet while the metacoins trend seems like it could be as flash-in-the-pan as the “pupcoin” trend from a few months back, I’ll admit there may be more substance to this latest crypto-related phenomenon. Or else, tech giants like Meta Platforms (NASDAQ:FB), aka Facebook, as well as Apple (NASDAQ:AAPL), wouldn’t be gearing up to try and dominate the metaverse equipment space.
With this, the recent cooldown in “meta mania” may just be temporary. Much like how crypto in general has moved in waves, yet has steadily increased in value over time, the same thing could happen here with meta-themed digital assets.
Start Your ENJINS,
The FXPROFESSOR
ENJIN - One of My TOP Picks for the SeasonWhen we say season we mean Xmas season...
ENJIN has a lot of great things going and as soon as BTC can start recovering we expect this coin to fly to new All Time Highs or higher.
It’s Early Days, but Enjin May Be a Metaverse Crypto That’s Worth the Money:
And like much of the crypto world, Enjin has experienced rapid growth. Year-to-date, its value is up 2,500%. That growth, combined with those previously mentioned factors, makes Enjin highly interesting right now.
The best place to start in understanding Enjin is to start with the most relevant topic: The metaverse.
Start your ENJINs. It will make it to Top-15, that's our expectation.
the FXPROFESSOR
ENJ, Rising Accumulation on yet another metaverse token.ENJUSDT (Enjin) showing a picture perfect wyckoff structure, see image attached.
Volume has increased steadily to the buy side since breakout.
Panic sell into previous resistance and failure to fall under is a sign of strength for a possible BU (Back Up) Action.
------------------------------------------------------------------
What is Wyckoff Method?
------------------------------------------------------------------
"One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists.
In accumulation, the shares purchased outnumber those sold while, in distribution, the opposite is true. The extent of accumulation or distribution determines the cause that unfolds in the subsequent move out of the TR (Trading Range) ."
Wyckoff Theory & Schematics give us clues to which probable direction the price may head out of the horizontal moving price structure.
In a Accumulation Trading Range the key characteristics are the ST or Spring below the Trading Range, and the SoS's Signs Of Strength with strong breakout volume at the upper end of the range.
Enjin Coin SetupThis is the setup of Enjin Coin, this setup based on supply and demand, trendline and support resistance, the risk reward is quite worth it
#ENJ Retest important supporting level#ENG is in Uptrend and retest the supporting level in the area of 3 which has strong dynamic and static support and can grow to next resistance levels
Targets: 3.6 - 3.7 - 3.9 - 4 - 4.5 - 4.66
StopLoss: 2.97
Rebuy: 2.9 - 2.7 - 2.5
$ENJ, Looking strong after the R/S flip over ~2800 sats level$ENJ
Looking strong after the R/S flip over ~2800 sats level
UCTS signalling a 1D Buy (usually strong) and now pushing up w/ increasing volume
Aiming for ~3700 sats as next important level from here
#ENJ
Enjin coin head and shoulders pattern , Cryptocurrency.This in my TA for Enjin coin , I think that Enjin coin is going to carry on through with its head and shoulders pattern forming and hit its recent support level at 2.620$ and go no further.
Please leave your opinions down below and make sure to give feedback , thank you.
Short term pain for long term gain - ENJIN COIN UpdateMost likely a significant drop before we start moving up again. Late Jan for bear season on all coins.
Enjin Coin ($ENJ) New FIBEnjin Coin ($ENJ) New FIB: $ENJ trades above the 50MA but the MACD and RSI are beginning to show signs of weakness. $ENJ meets $3.6281 support marked by a day of indecision. $ENJ is probably content to trade sideways as BULLS re-group and plan their next trades
MANA 1H WedgeEntry for MANA looks good for trying to catch a breakout from the wedge it's been developing for the last week. Keep close eye for rejection at the top of it's wedge or break down for a short position.
This is pretty much the same pattern we see on SAND and ENJ as well.
🕹️ ENJIN = Time for Higher 🍊Price on support, which used to be resistance = Time to Buy
NEWS:
Amasa Integrates Enjin and Efinity for Metaverse Micro Incomes
Enjin: powering the metaverse
Enjin has been one of the beneficiaries of Facebook’s recent metaverse dive in
Can ENJIN make it to TOP-15?
We think it will, the chances are increasing with the launch of smart contracts in the next 2 months(that's why it is trending), the launch of NFT. io and the fact that it is established as the LEADER in GAMING CRYPTO SPACE.
Metaverse is HOT and Enjin is involved in that too.
You can read a lot more on our previous Enjin posts below. Best thing about Tradingview is that it's all here, in one place. Nobody can fake it here since it's documented. :))) SUPER!
News:
🤖Enjin Forms $100M Fund to Support Metaverse Projects
The Efinity Metaverse Fund will aim to support work on metaverse projects on Enjin and Polkadot.
Just another great development to support our analysis.🦾
Oh! and it's Carbon negative 🍏💚
Start your ENJINS if you haven't...
Get your ENJINS going if you have
the FXPROFESSOR 🕹️
(Once a gamer always a gamer)
Enjin Coin ENJUSDT Trade PlansBULLISH
1)HH and HLs.
2) Fib level 0.5 support at 3.43
Bearish
1) Bearish Engulfing at 3.8
2) Resistance at 3.62
3) Closed below Trend line
Trade Plan 1
Short from current price with tight stop loss
1) Entry 3.6
2) Stop Loss 3.7
3) Take profit 3.45
Trade Plan 2
Long if hourly candle closes above 3.65
1) Entry 3.65
2) Stop loss 3.43
3) Take profit 3.9
ENJ/USDT CorrectionAs you can see ENJ has completed its fifth growth wave and entered a correction. There was also a bearish crossover on the WT cross and a bearish divergence was applied. On the ADX you can see that the bears are pushing into the market and the bulls are letting them have it. My assumption is that wave B should be slightly higher than the fibbo level of 0.236. Wave C should end up between wave 1 and wave 4.
Enjin Coin hey traders, there is Enj, we need a closing above the blue line for 1D bar to get the green lines and the stop loss is a close under the red line for 1D bar
.
trade carefully guys and don't forget the risk management.
.
.
.
.
.
.
.
ENJ Enjin Strong :)Enjin is taking off with the rest of the gaming coins :) Daily chart looks strong for upwards movement ...
ENJ/BTC Long Metaverse NFT Gaming trendAs you can see it the chart, ENJ has a long side way of accumulation zone with btc pair. Last peak of ENJ/BTC is at Mar2019 and try to break resistance again at Apr2021 but both are fail.
Now, We have a first green weekly candle that can stand above resistance (5200 satoshi). (First time)!!!
Metaverse, Gamefi and NFT is a mega trend now and enjin team always focus to integrate all of them.Therefore, It is very interesting to watch out ENJ very very closely.
My theory of enjin movement is
1. Test resistance again by touching around 5200 satoshi and bounce to ATH ( Most likely)
2. Break second resistance (7000 satoshi) weekly green candle has to stand above second resistance(7000 satoshi).
3. Fail break out and back to accumulate zone again. If weekly candle is under 5000 satoshi, I may decide to cut loss.
Hope to get 3-5x like mana and sand did.
