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ENJUSDT

Enjin Holding daily 55EmaHello guys. This time I wanna analyze enj on a daily time frame. As you can see if the major uptrend enj has been keeping 20ema and 55ema as strong supports and after retesting them the price bounced back up and continued to go up. Today the same kind of situation is happening. The price has tested 55Ema on the daily chart and bounced back up. If this behavior continues we could see a huge price pump in the coming days and a test to 3$ - 3.4$ - 4$ and 4.6$. The market crash in the last couple of days was a huge sale and opportunity to enter the market because in my opinion a lot of assets with huge potential were on a huge sale and can return a huge profit in near future. Assets like Theta, Enjin, Cardano, etc. Hope you found this idea useful. I am not a financial adviser. Always do your own research. If you have anything to say please let me know in the comments. Drop a like if you found this useful and follow for more! stay tuned.
by Sitack
5
Bouncing from a huge correction !The reverse H&S in our previous chart was invalid and all of the crypto market had a huge correction. Now on H4 TF we see a huge shadow on the red candle and a +22% bounce back from 2.1$ major support that indicated a lot of buyes showed interest in those prices and entered the maarket. High possibility for a rise to 3.4$ level. P.S: I am not a financial adviser and this Idea is for educational purposes only. Always DYOR. If you have any comments let me know in the comments and drop a like if you found this idea helpful.
Long
by Sitack
Enj on reversed H&SEnj has been on a little correction and bounced from major supports successfully and now it is forming a possible reversed Head And Shoulders. There is a high chance of growth in the coming days. Enj is a great project with good fundamentals and a great team. Keep this coin under watch. P.S: I am not a financial adviser and this post is for educational purposes only. Always do your own research. . . . Comment what you think and drop a like if you found this helpful. There is gonna be a post for every new follower.
Long
by Sitack
ENJIN, ENJUST - ready for another leg up ?Hello, ENJIN is more than 2500% up since January 1 and as we can see on the daily chart, the general uptrend is intact as the price keep climbing in a well defined channel. IF the general crypto market bull run is to continue and is extended in the coming weeks to months then we can see points 1 to 4 on our chart below repeat again thus causing another good run in ENJIN's price. Very good coin for long-term investment in my opinion I think we can expect a further decline in price down to the demand zone (around $2.8) during the current pullback, most probably somewhere closer to the 21-day EMA on daily. On the lower timeframes, 4-hour chart to be more precise, it is clear we are in a bull flag formation. This means we can expect the coin to bottom pretty soon given the fact is is already halfway through the pole. The target zone is based on the pole length
Long
by FutureBlockchain
2