ENJ/USDT Technical AnalysisI know how much you guys like $ENJ. I have been getting many private messages about what is happening with $ENJ, so I decided to do technical analysis on $ENJ and show you guys what's been happening.
I am a big fan of $ENJ now, with an end price prediction of at least $4-$5 by the end of 2021, which is EXTREMELY CONSERVATIVE . BUT let's get down to the real business as we can see $ENJ has been going wild recently with a lot of positive news about Enjin. I AM invested in Enjin, not a large amount, if anything, a small amount, but I am currently interested in increasing my investment. April is set to be a good month for $ENJ as it is launching its JumpNet (which is a high-speed bridge network that will allow free, instant on-chain transactions of Enjin Coin and ERC-1155 tokens). Meaning we could see a potential pump this week. So if you're a short-term trader and would like to get some profit, this is a good investment, especially since the price is going down currently. $ENJ is an excellent yearly hold for all long term traders also. They have many good things, such as Efinity launching, a decentralised blockchain for NFT's, and you guys know how popular NFT's are getting. This launching of Efinity will support the next generation token features also. CAN ENJINS ENGINE GET IT TO THE MOON!!! 🚀🌑
Enjin will pump, in my opinion. I will every surprised if it does not, so if you are currently invested, just hold on and relax. (I am not a financial advisor)
COMMENT DOWN BELOW WHICH COIN I SHOULD DO NEXT AND DROP A FOLLOW 🚀🚀
ENJUSDT
ENJ about to explode?!Here's a quick look at ENJ 4 hr chart. As we can see, the price broke out from a bigger bull flag. The price is right now forming a small bull pennant and we might see a move soon. Keep an eye on this one!
The idea is: Buy the breakout from level shown In the chart and Take profits at the level shown in the chart.
Targets:
1. 2.8$
2. 3$
3. 3.1$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!
ENJ/USDT +15% by end of next weekIn March, ENJ made 5x, thanks to the NFT boom.
However, the token has lost about 10% from the all-time high in USDT terms.
To check if the correction has ended, we’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Enjin Coin (ENJ/USDT) settled at 2.48765 USDT at 08:15 AM UTC at the binance exchange on Monday, March 29. In your opinion, will ENJ/USDT trade above 2.86080 USDT (+15.0%) at any time before April 10?”
-------------------------------------
Assurance: 78%
That’s a bullish sign, suggesting that the sell-off has completed and ENJ is likely to resume its upward trend.
ENJ.USDT (Y21.P2.E1).Macro reversal.Re-accumulationHi Traders,
A few key bullish points >
a) Prior resistance level is now holding as support - purple band
b) 4 hrly 10/20 EMA supporting trend
c) clean trend from the previous bottom, 1/2 diamond formation
d) Fib level support.
e) Lots of media coverage
How to trade this.
Better to wait for the 2nd green candle for entry on the 4 hrly.
Just a cradle trade is worth going into. MACD convergent
All the best,
S.SAri
Macro view also a break from the channel with an upward trajectory
ENJ/USDT Prediction AnalysisGood Morning to all respected Investors and Traders,
I made a simple analysis for ENJ/USDT for today..
Nowadays, NFT Tokens are become happening..
So why don't we put our profit in those coins?
I reckon you guys to entry at my sign and take profit also at my "Potential Target 1 and 2"
BUY THE DIP !!
Happy trading y'all and good luck!!
Best,
DM
PS: This is not financial advisor. Please DYOR before entry the market.
ENJUSD short term will be down to at least $1.743xxFrom 4H chart show ENJUSD will likely downward to $1.743xx 1st target, IF price doesn't manage to sustainable and candlestick on 4H chart close below $1.743xx it will downward more to at least $1.559xx . and IF price cant sustainable and close below $1.559xx will likely down to $1.203xx . <<---- at this point whales will likely make this point as buy position.
Caution : This chart will be invalid IF candlestick is close above Downward Trendline.
ENJUSDT: Analysis An uptrend below 2.8
given the application SR, a probable long call with a potential of hitting target 2.35+
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ENJUSDT Flag PatternENJUSDT (4H CHART) Technical Analysis Update
ENJ/USDT currently trading at $2.27
Long Entry-level: $2.15 - $2.30
Stop loss: below $1.92
Target 1: $2.53
Target 2: $2.78
Target 3: $3.05
Target 4: $3.50
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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ENJUSDT Prediction If you've followed me for some time, you know my method is a little different from others, I'm using mostly pitchfork and pitch-fan and comparing relative market to each other to reach conclusion, that does not mean I'm a better technical person, but I have different perspective of market.
ENJ/USDT towards a CUP pattern | Jump Net Launch. 1 DAY chart of ENJ/USDT is indicating to a cup pattern in upcoming days. ENJIN is launching JumpNet on April 6, JumpNet is a high-speed bridge network that will allow free, instant on-chain transactions of Enjin Coin and ERC-1155 tokens.
Before this event, we may see consolidation and strong support between $1.7 to $2.05. After the event, there are high possibility to see Volume increase in ENJ.
One more update is that after JumpNet, ENJ is going to launch Efinity. which is scheduled this year in 2021, Efinity is a decentralized blockchain for NFTs that will support next-generation token features and assets from any blockchain.
So, ENJ is worth investing for long term. My prediction for this coin by July end to cross value of $7.