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ENJUSDT

ENJUSDT (ENJIN COIN) - UPTREND CONTINUATION ANALYSIS 🔎 - ENJUSDT got rejected off the ascending channel resistance. - The market then retraced for a retest of the ascending channel support and 0.618 fibonacci retracement level. - The retracement is resisted by the descending trendline resistance. - There's an uptrend continuation possibility. BUY ENTRY ⬆️ - Breakout above the descending trendline resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension levels. - Ascending channel resistance. SETUP INVALIDATION ❌ - Breakdown below the ascending channel support.
Long
by Chibuike_Odoh
Who freaked out on Enjin Coin's drop?Warning: our thoughts are ours; not financial advice. It's normal to freak out, especially when you are always focused on the smaller timeframe. We only make decisions on the bigger picture. No matter what happens, the daily candle close is what matters most. We saw a low of 44 cents at the early hours of today. However, the price still trades within the channel. How bad can this go? Maybe 40 cents. We'll be stacking up even more at this point.
Long
by coin-barbie
💡 Don't miss the great buy opportunity in ENJUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EnjinCoin/TetherUS ENJUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 77. Take Profits: TP1= @ 0.660 TP2= @ 0.780 TP3= @ 0.950 TP4= @ 1.100 TP5= @ 1.230 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
22
💡 Don't miss the great buy opportunity in ENJUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EnjinCoin/TetherUS ENJUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 77. Take Profits: TP1= @ 0.660 TP2= @ 0.780 TP3= @ 0.950 TP4= @ 1.100 TP5= @ 1.230 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
ENJUSDT - Bullish symmetrical triangle?To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome. Trend = Bull (HH, HL), currently consolidating Notes: - Currently trading in a range between D1 S/R - Forming symmetrical triangle on 4H - On D1 respecting the 20EMA nicely as support - Low volume, uptrending RSI Ideas: - Symmetrical triangle can breakout both ways, however due to previous uptrend, bullish breakout more likely. Would enter trade on the breakout/confirm candle
Long
by Sidders
ENJUSDT will countinue up trendEnjin coin is in the third wave when you look daily chart (but it is not finished) Undoubtedly a new up trend will begin, but we are not sure whether the correction wave is over or not. I expect this correction wave goes up from one of the blue support boxes. EMA 50(daily chart) and EMA 200(4h chart) are shows the same area. There are three scenario which is shown with path lines. According to daily chart we can find two targets (pink boxes). 4h chart shows a continuing cycle which is going to start the fifth impulse wave. As you see, the 4h and daily targets are almost the same. and also the channel confirms us.
Long
by Reza_sgh
ENJ/USD - Another aim at $0.50!ENJ was rejected last time when we touched $0.50, now that we found support we are looking good to push again higher and re-test the $0.50 level. Indicators are looking good, however, the resistance zone has proven quite strong and last time we were immediately rejected and pushed down. Likely we have to build more momentum to push higher than ATH. Good to explore long opportunities with a sell target just under $0.50 level. Once there, best to wait to see what happens. Like and follow if you liked this idea!
HITBTC:ENJUSDLong
by DU09
1
ENJ/USD - Pressure building, $0.50 or $0.30?ENJ is getting close to an apex (in blue) between resistance and support. We will have to break out one way or another. Indicators gives us plenty of room to go higher, however, the volume is almost nil. Therefore, it may be hard to go higher without volume picking up. We may need Monday to come to give us a clear direction as the volume over the weekend has been very poor. The correction we had a few days ago to $0.30 (see my last idea) allowed us to get back up now, question is if we will push higher. We need to break the dotted line if we are to hope for higher levels. Bias remains bullish for now, but watch out, we have a big resistance above $0.50 which was our previous ATH. We may get a fast rejection once we reach that level. Like and follow if you liked this idea!
HITBTC:ENJUSDLong
by DU09
ENJ/USD - Parabolic rise approaching resistance! ENJ has gone parabolic this past week. Congrats to those that longed the rise! However, now we are quickly approaching the resistance zone and ATH which will likely push us back. This is not the time to buy, rather wait to short or simply wait for price to give direction. The indicators on daily are overextended and on this 4h chart we can see that MACD is giving signals this rise is losing some strength with the histogram ticking lower with a rising price (bearish divergence). Therefore, expect a reaction at around $0.50 cents or Fib 78% if we make it that far. If we are to fall we have some support at $0.33 and a good support at $0.25 (resistance turned support). I do not exclude another pump, but be careful on this raise as we can quickly go down just as we went up as we approach the apex of the formation. Like and follow if you liked this idea!
HITBTC:ENJUSDShort
by DU09