ENJ IS BREAKING OUT FOR HUGE GROWTHENJ coin has broken pennant channel after consolidating in between the channel for many days, currently ENJ is trading above upper band of the channel. Huge bullish movement can be expected. Spot and Futures can be taken here.
Targets and SL are given in the chart alongside.
ENJUSDT
EnjUsdtOne of the currencies left over from the first movements of the market, but it will be halving in about a month, and after that the main movement of the market will begin, and until then the market can have a correction.
Enjin is one of the good currencies for NFT and gaming.
The research is on you, but with this persistence, it can start a powerful movement
Good luck
EntryPoint:
0.4533
0.4050
0.3508
Supports:
0.3255
0.2923
0.2390
0.2070
Resistances:
0.5533
0.6390
Trgets:
0.7200
0.8090
0.9562
1.1832
MidTime:
1.5510
1.7877
2.1910
HODL:
3.2043
4.2000
5.9300
GOAL:
8.6725
GL
🔥ENJ Is Going To Break Channel: Targets are +140-300% Above❗️🔥Enjin Coin is trying to break the 500-days channel. I expect the massive breakout.
Now the price aproach the top of the channel and try to break it. If it happen, it will be a good bullish sign to add some ENJ on channel test as support (mark with arrow).
💥The 2 main mid-term targets are on chart. The altseason is going!
like❤️ and follow
#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/USDT planning bullish ride from support| 🚀ENJ Analysis💎 Paradisers, take note #ENJUSDT is on the move, breaking past resistance and setting the stage for a bullish trajectory. A successful retest turning resistance into support could confirm a strong bullish push past the $1.0165 resistance level.
💎 On the flip side, if $ENJIN upward momentum falters and it dips below the $0.5464 support, our focus shifts to the lower support at $0.4240. The rich liquidity at this level presents an opportunity for a powerful bullish strategy upon contact.
💎 Vigilance is crucial: a breach below this secondary support could signal a deeper dive as market sentiment leans towards selling. Stay alert, traders, as we navigate #ENJ's market dynamics.
ENJ/USDT Breakout the Key area, Indicating Bullish Momentum!💎 ENJ has recently encountered significant market dynamics. Currently, ENJ has successfully broken above the supply area.
💎There may be a retesting phase at the demand area, which was previously the supply area, before continuing its upward movement and possibly reaching our target area.
💎 During the retesting phase, it is crucial for ENJ to bounce from the demand area if it wants to sustain its upward movement. However, if ENJ fails to maintain the demand area, there is a possibility of a breakdown below the support area, leading to a return to lower price levels.
💎 At the support area, it is imperative for ENJ to bounce and reclaim the area above the resistance for continued upward movement. Failure to do so could signal a bearish trend for ENJ, potentially leading to further downward movement in price.
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
ENJ/USDT Could ENJ break the pattern or downward to the demand??💎 ENJ has recently experienced significant developments in the market. Currently, there's potential for ENJ to reach the demand and initiate an upward movement.
💎 However, if ENJ breaks the pattern without a retest at the demand, it may undergo upward momentum, targeting the supply area. A successful breakout of the supply area, probability could lead to an easy movement toward our target on the bearish OB.
💎 On the contrary, if ENJ fails to break out of the pattern, there's a likelihood of continued downward movement. Retesting the demand area becomes crucial for ENJ to gain momentum, break the pattern, and resume its upward trajectory.
💎 In the scenario where ENJ doesn't exhibit a positive response at the demand, lacking a bounce or favorable candle formations, it raises concerns about losing demand. This bearish momentum could lead ENJ to continue its downward trajectory, revisiting the bottom support levels.
ENJ after the pullback can continue the uptrend ENJ after the pullback can continue the uptrend. It might get rejected from 0.3200 and continue to go up.
🔵Entry Zone 0.3086 - 0.3201
🔴SL 0.2902
🟢TP1 0.3455
🟢TP2 0.3709
🟢TP3 0.3975
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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ENJ/USDT Bullish Reversal at Key Demand Level ?👀🚀 ENJ Analysis💎 Paradisers, take note of #ENJUSDT as it showcases a noteworthy pattern, securely positioned at an essential demand level, signaling the possibility of a bullish turn.
💎 In reviewing #ENJIN's recent movements, a pattern of descending to new lows has been observed, indicating a bearish trend. Yet, it's important to highlight that prior to this, ENJ was tracing an ascending channel pattern, from which it has recently deviated.
💎 This break presents an opportunity for a bullish reversal, especially since the price has now tapped into liquidity at the critical support level of $0.2529. Maintaining this level could spark a robust rally to challenge the existing supply.
💎 As experienced traders, we're prepared for various outcomes. If #ENJ does not achieve the anticipated bullish reversal, a push from a lower demand level at $0.2248 could be next in line. Nonetheless, falling beneath this level may indicate a deeper bearish trend is taking hold.
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/USDT Bullish Reversal from Key Support? 🚀ENJ Analysis💎Paradisers, let's turn our attention to #ENJUSDT as it exhibits promising market activity. Following a rejection from its resistance, it is now positioning itself for a potential bullish resurgence from below its current support level.
💎 #Enjin recent behavior, we note that after facing rejection at $0.4287, it experienced a downward trend. Currently, the support at $0.3644 is pivotal. If NYSE:ENJ can regain momentum at this level and successfully challenge the robust resistance, it could set its sights on overcoming the higher resistance at $0.5021.
💎 Yet, navigating the unpredictable crypto market requires a readiness for various scenarios. If #ENJ struggles to initiate an upward move from the $0.3644 support, a recalibration of strategy might be necessary.
💎 This could entail preparing for a bullish resurgence from a slightly lower support level at $0.3294. Be mindful: a break below this level could indicate a shift towards a more bearish market trend.
ENJ/USDT Ready for a Potential Bull Rally? 👀🚀ENJ Analysis💎 Paradisers, shift your attention to ENJUSDT, showcasing a significant setup in the demand zone, enhanced by a recent Market Structure Shift (MSS). This configuration implies a robust possibility for a bullish trend.
💎 In examining ENJ's pattern, EnjinCoin has demonstrated a consistent ability to break above its descending trendline, indicative of potential upward movements. It is currently facing a significant Bearish Order Block (OB) challenge, with steady momentum above the EMA100, targeting supply goals at $0.45.
💎 However, given the unpredictable nature of the crypto market, ENJ traders need to be equipped for a range of outcomes. Should the anticipated bullish surge not come to fruition, pivoting to a rebound strategy from the support level at $0.275 will be crucial.
💎 A descent below this support level would signal the need for a strategic adjustment, emphasizing the importance of reevaluating the bullish perspective and modifying trading strategies in response to market changes.
💎 Stay focused and strategically acute, Paradisers. Your ParadiseTeam is dedicated to providing you with insightful analysis and guidance, ensuring you make the most informed trading decisions in these dynamic market scenarios.
ENJUSDT Market Analysis: Bullish Prospects ahead or Not?💎Yello, Paradisers! It's time to focus on ENJUSDT as it presents an intriguing situation at its resistance point, poised for a potential bullish breakout from the Bullish Order Block (OB).
💎EnjinCoin has been tracing a descending trendline and is currently positioned at the lower end of this channel. There's a significant likelihood that ENJ will target the liquidity above in the supply zone.
💎Adding to the bullish sentiment is ENJ's consistent performance above the EMA100, lending further credibility to the optimistic outlook.
💎However, traders need to stay vigilant: a drop below the 0.2500 level could indicate a transition towards bearish conditions. It's essential to monitor these developments closely and make strategic decisions accordingly.
💎Enhance your trading tactics for ENJ with insights from ParadiseFamilyVIP. Dive into our detailed analyses on ENJ and other promising tokens to refine your approach in the crypto market.
ENJ/USDT Anticipating Bullish Movement from Demand Zone?? 👀 🚀💎 Paradisers, turn your attention to ENJUSDT as it presents an exciting trading scenario. The asset is currently showing signs of a bullish movement, originating from an internal demand zone.
💎 Diving into ENJIN's historical market performance, we see a pattern of following a descending channel, breaking above it, and then propelling upwards after a retest. Currently, ENJ is adhering to a descending trendline, which is serving as resistance.
💎There's a high likelihood of a bullish move initiating from the internal demand zone. Should this bullish shift materialize, ENJ is set to target supply levels at $.3357 and $.3693.
💎 However, in the unpredictable tides of the market, #ENJ traders must be prepared for alternate outcomes. If ENJ fails to sustain its upward momentum and dips below the internal demand level, a different market response might be on the cards.
💎Traders should be ready for a potential bullish recovery from the external demand level of $.2460. Nevertheless, a decline below this critical juncture might indicate challenges in maintaining the bullish trend. 🌴💰
ENJUSDT - W1\D1ENJUSDT
W1 - The price was able to break through the high of the first wave, which may mean the implementation of the 3rd wave. The best option for considering purchases is to wait for the level of the first wave to be fixed or for a retest to D1 at the level of 0.3319. When implementing the idea, you can expect a target at the level of 0.5451
D1 - you can wait for a corrective movement within 50% of the previous impulse and expect the formation of the 5th wave - from levels ~0.3172 with targets up to 0.3942
What can you expect?
Expect the formation of the 5th wave - from levels ~0.3172 with a small risk on the idea with a target of 0.3942
Cancellation of the idea when fixing behind the trend line 0.2991
Long
Targets 0.3407 - 0.3652 - 0.3942
ENJ/USDT Critical Resistance Level. Break or Rejected down ??💎 ENJ has certainly made an impression in the market with its recent surge. Currently, ENJ is in a consolidation phase at a critical resistance level, which could be a concerning sign as such patterns often suggest distribution.
💎 The presence of a false breakout characterized by a long bearish wick hints at the possibility of a downward correction toward the demand area. Should this occur, a robust bounce at this level may be expected, probability setting ENJ on a trajectory toward the designated supply zone and higher major supply levels.
💎 However, there is a less favorable scenario to consider. If ENJ retreats to the demand area without showing resilience—lacking a strong bounce or rejection—this could indicate a breakdown or loss of the demand zone. In such a case, ENJ may be poised for a further decline towards lower demand levels, possibly leading to a retest of the key support area.