Enjin
Enjin(ENJ) sitting in a bullish triangle pattern Hello. According to my technical analysis, Enjin(ENJ) is ready to break its All Time High. We may see price go to 4$ , or maybe even 5$ in the next 2 weeks if we have a breakout.
In the 4 hour chart we can see a price triangle pattern, drawn with red and green dashed lines. Price is currently resting on this pattern. This is part of a healthy pullback, with falling volume and high volume on up candles.
Looking at the RSI, it also formed its own triangle pattern, in which it had a breakout already, unlike price where it is still consolidating. This is a bullish sign.
The 20, 50 and 100 MA still acts as support. If we want the breakout of the triangle to be a success, we will want these Moving Averages to hold.
Let's see how the price of ENJ goes. I will keep this post updated. Thank you for reading!
MY MINIMALIST ANALYSIS FOR ENJIN$ENJ
ADJUSTED TARGET AREA OF VALUE ON THE CHART
11.06.21
1813H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
COMING UP TO OUR TARGET EXITS
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
DO NOT FORGET TO SHAVE-OFF PROFITS if you wish to maximize or want to go BEYOND PARABOLIC. WATCH PRICE ACTION CLOSELY and
ADVANCED CONGRATULATIONS TO ALL!
Happy Trading!
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
ENJ LIMIT ORDERS! MASSIVE PROFITS POTENTIAL IF ORDERS HIT$ENJ is one of my favorite meta coin and I would look into buying opportunities. One opportunity is right in front of me, if it hits my limit orders I'll be as much as I can.
However, there's no guarantee that the limits will be filled so DYOR!
Will only set limit orders and will alert you big time before a huge pump.
Limit Entry: $2.3 - $2
Current ENJ Price: $2.973
🕹️ ENJIN = Gaming Leader + NFT.io 🍊Enjin has been and will be one of our top-5 favorites.
The price can keep growing (we see a target of 7$ for the next 5 months).
What's new?
Well here you go, this is a message from my direct communication with Enjin:
'' It's currently not possible to launch a token using Enjin.
Although we'll be releasing the smart contract feature for our sidechain, JumpNet. You'll be able to program smart contracts and release your own tokens.
enjin.io
We're looking to release it around the end of this year or early next year.
As for an NFT marketplace, we'll be launching nft.io . You'll be able to set up your own marketplace. We're looking to launch it around the same time as the smart contact release''
Ladies and Gentlenmen,
Start your ENJines!
the FXPROFESSOR
ENJIN NFT coin will grow after bouncing from 61% fib levelENJIN NFT coin is in the potential state to grow high up. It will grow after bouncing from 61% fib level and initially hit 161% fib level as 3X growth target. we will update further about trade with time to time.
Don't forget to show your love by subs and commenting if you like this idea. I love to see your comments and thoughts.
MY NOT O MINIMALIST ANALYSIS FOR ENJIN$ENJ
10.27.21
1147H +8 SINGAPORE
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur, while the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS and even if you wish to hold longer for a CONSERVATIVE MAXIMUM TARGET AREA OF VALUE (Depending on, if the conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, and especially your Fibs, Market Dynamics, and trading psychology.
The above-mentioned is sufficient enough as a major deciding factor for this MINIMALIST CHART.
Note: That This CHART is best used without indicators. (As we all know, they lag.)
#ENJ ENJIN 1D CHART - NEEDS TO COOL DOWNEnjin is definitely a good project and a great performer but the daily RSI is really high. If it cooled down for a bit and had an RSI reset, it could push to the next leg up.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Enjine to Moon (Becoming Polkadot Parachain)BINANCE:ENJUSDT
As you know Enjine will be integrated into Polkadot Ecosystem by becoming one of its Parachain’s, which should boost the demand and price of the ENJ token big time.
parachains.info
In Terms of Elliott Wave, we finished 4 mayor Primary Impulse Wave moves, and are missing Wave 5 up to the upside to new all time highs. Which should last several weeks or months.
We clear $2.334 USD, a mayor resistance level, next one is about $4 USD. And if we clear that one, we should reach around $6 USD pretty soon. Right now, it is about $2.68 USD.
Mid-term, looks great, both fundamental and technically. Should be an easy doble before year end. With potential to go much higher.
Good Luck to You
ENJ/BUSD Triangle Pattern Breakout Target PricesTP Targets of ENJ/BUSD following a breakout from the symmetrical triangle pattern.