ENJ to 0.55?As we can see Enj breaking little down trend which was holding since May, and this could be bearflag pattern. I'll be taking profits at those green marks.
Enjincoinanalysis
ENJIN COIN WARMING UP ITS ENGINESGood morning all
We will be looking at the ENJ/USDT pair this time around
Lets begin!
In our previious analysis we pointed out regions where price could bottom out for enjin coin, as shown below;
Price is trading at that level currently and we have ourselves a Regular flat correction in play judging by the price action.
In theory a regular flat has it's C wave to be 61.8%, 100%, or 123.6% of wave AB. So far we have a 100% retracement leaving us with our worst case scenario zone aligned with the 123.6% fib support level. That said, this is a very good buying opportunity (don't take my word for it)
Our targets for the 5th wave fall within the $12-$15 dollar range depending on where the bottom will be.
Past analysis linked below
PLEASE APPLY PROPER RISK MANAGEMENT!
If you agree with the idea, pls like, share, and comment your thoughts below.
As always, feedback is appreciated!
ENJ update ; potential bottom pivot hereENJ update ; potential bottom pivot here
obvious patterns repeating. the exact same bottom has formed here albeit a bit stretched out.
question is, does it hold?
macro pivot point right here.
seems a bit tooooo obvious. break down should also be expected. place your bets.
ENJ ; simple bottoming fractalENJ ; simple bottoming fractal
last enj idea was sound asf. hit that 200ema and rejected right back down. (linked)
the btc fractal im looking at is showing a double bot, or even a slightly lower low, and usually ENJ dumps HARD so that SHOULD mean a lower lower on ENJ too..
lets see how she plays out!
ENJUSD Bullish Case (Weekly Timeframe)This is a very fascinating coin at the moment!
Price at the weekly uptrend support zone!
Even though (technically) the overall structure is bearish but we can ignore the presence of such a strong weekly support!
If the price bounces northwards then this might be a very good indication for bullish moves on ENJIN Coin!
ENJ VS ADA - market makers cute lil bundle- follow the whale podI did this in 5min. this is my thesis.
follow the piped piper.
check out march to top. ada and enj played the game very similar. i bet continued delayed replication.
let us find out.
ENJ to test $1.80?We've been in a strong sell-off & now testing the upper resistance, what makes me think we will see a Uptrend unfold is the RSI, we have created a Triple Bottom which usually leads to a bullish trend.
If we were to fall to the $1.50 resistance then we would see a Consolidation or Bearish trend unravel Tuesday into Wednesday.
$ENJUSDT Enjin Coin entry PTs 1.75-2.10 PT 4.50-4.90Ascending Broadening Wedge signaling Bullish pattern, Target PT is equal to the height of the pattern from the break point...
Enjin to the moonAn ascending triangle placing 64% on 6th of April, and guess what Enjin is launching on 6th of April?
Enjin Coin is ready to be bought 17/02/2021
this ENJUSDT is ready to be longed
if 2 TP triggered then the 3 TP is for sure...
