ENJ ANALYSISWe have a bullish structure on the chart. We have a damned range that seems to be suitable for a buy/long position
I specified the targets on the chart. I also specified the invalidation level.
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
ENJUSDT
ENJ ANALYSIS🔮 #ENJ Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #ENJ and trying to retests the level. It's a weekly breakout and we can see more higher price in long-term. 📈📈
💸Current Price -- $0.2780
📈Target Price -- $0.4885
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ENJ #Cryptocurrency #Breakout #DYOR
6Fibonacci levels and 175%profit for the most trending CMC siteIt is currently at its lowest price. Its blockchain is launched and about to explode. Be sure to allocate some of your portfolio to this coin. It has the potential of 1000% profit up to the $2 area in the medium term. One of the current golds
ENJUSDT - W1\D1ENJUSDT
The price was able to break through W1 - the trend line. The best option for considering purchases is to wait for the trend level to be fixed; a more convincing option for purchases would be a retest of this level of 0.2390.
If the price is not fixed behind the trend line, you can expect the price to move down to the level of 0.2040 - from which you can expect a rebound and consider buying.
What can you expect?
If successful fixation behind the trend line, you can consider entering from the nearest levels of 0.2390 with a small risk on the idea with a target of 0.3670
It is better not to take increased risks; a correction is being traded. Cancellation of the idea when the low of the 2nd wave is broken.
If the price does not consolidate, then wait for the entry point at the level of 0.2040 and below.
Long
Targets 0.2860 - 0.3025 - 0.3360 - 0.3670
ENJ/USDT bullish horizon? 👀 🚀 ENJ Today analysis💎 Paradisers, direct your attention to ENJUSDT as it showcases a captivating trajectory within the demand zone, suggesting a heightened likelihood of an upward trend.
💎 ENJ is consistently demonstrating robust momentum above the em100, further bolstering its potential for an upward journey. A notable resistance awaits at the supply level of .2410.
💎 Surpassing this threshold amplifies the probability of challenging a more formidable resistance. However, if the market presents a significant rejection and the price doesn't surpass the previous high, there's a chance for a bullish continuation from the current demand level.
💎 A breach below this demand zone could tilt the balance towards a more pronounced downward trajectory.
ENJ/USDT potential shift? 👀 🚀 ENJ Today Analysis💎Paradisers, gear up for a potential golden opportunity with ENJUSDT! Our observations show that it's navigating within a symmetric triangle, firmly holding onto a pivotal support level, hinting at an upcoming bullish phase.
💎Over the past month, ENJUSDT has been maneuvering within this tight triangular formation, with a crucial support at 0.2160. Our current outlook suggests a possible retest of this support zone before embarking on an upward journey. A breach of this structure would further solidify the bullish narrative.
💎 However, should the support falter, expect a pronounced downward shift. In such a scenario, strategize for a short entry post-retest.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
The possibility of falling to the bottom of the channel for ENJIn the daily time, this currency is in a sideways trend, but in the 4-hour time, it is in a falling trend.
An important range for the support of this currency is the neck line, and if this range is broken, there is a possibility of falling to the bottom of the trends.
In the best case, this currency will grow up to the previous peak and after that there is a possibility of falling, although it is too early to say this.
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ENJ short period analysis NYSE:ENJ
Short period analysis ⏰
Simple s/R 💘 ☺️ 🎮🎯
Weekend candle was opened 😂 Strong below 📍 turn 💯 bearish 🛑
1st box 📍 is not big deal 🤝 but we see some pressure in lower time frame #LTF
$0.32-0.33 WILL be the 1st target 📌
In High time frame #HTF big yellow 🟡 box play key 🗝️ role 🙂
I don't think 💬 it will break so don't keep hopes on this coin too much bullish 😂
$0.44-0.544 will be my 2nd final Target 🎯
Let's watch 👀 how PYR liquid 💰 will support here 👍
ENJUSDTENJUSDT was trading under declining trendline and recently it seems like bulls are starting to take the charge and has given the breakout from declining trendline with significant bullish candles .
Currently the price is retesting the broken trendline , if the retest level holds it could be a nice buying option.
What you guys think of this idea?
📊#ENJ breaks out of triangle structure, goes to the moon?🧠ENJ has been running in this model for 1 year, and finally started to rebound after breaking the low point in 2022. Now we are near the first resistance level, and RSI has also appeared in an oversold state. I think we should not be too anxious, and should retreat to re-accumulate strength when we encounter the first resistance level, because we have consumed too much strength when we broke the triangle resistance line.
📉So I opened some short setups around the resistance looking for a short-term pullback
let us see👀
#ENJUSDT ANALYSISNYSE:ENJ is moving in a descending triangle. It bounced with a high volume from the horizontal support and attempted to break out the descending triangle, where it faced the MA 100.
A solid breakout of the triangle would be the bullish confirmation, while a rejection would result in further consolidation inside the triangle.
Enjin Coin next move? ?👀 🚀ENJ Today Analysis💎 ENJ/USDT is making fascinating strides as we observe a fair value gap and an upward imbalance, indicating potential bullish momentum.
💎 A retest of the trendline has been completed. If the price breaks this trendline, we could see a downward shift of approximately -12%.
💎 Currently, the price is forming an overlapping structure, and the RSI is indicating upward momentum this presents a promising trading opportunity
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Enjin Long Idea In the realm of crypto, ENJ takes the stage,
Enjin Coin, poised for a glorious wage.
A long idea emerges, swing trade in sight,
Parallel channels and OBV, shining bright.
Within the parallel channels, a journey unfolds,
A path to follow, where potential beholds.
As OBV diverges, a bullish sign appears,
A swing trade opportunity, diminishing fears.
With the risk-to-reward ratio at 1:9,
A chance for gains that truly shine.
On 10x leverage, we boldly tread,
Seeking profits, where fortunes are spread.
So let's embark on this ENJ trade,
With parallel channels as our guide, we cascade.
OBV's divergence, a tale to believe,
A swing trade potential, our goals we achieve.
But heed the call for cautious play,
Risk management must have its say.
Leverage carries its own weight,
Trade wisely, sealing a prosperous fate.
In this realm of crypto, where possibilities thrive,
ENJ's long idea ignites, as we strive.
With parallel channels and OBV as our cue,
A swing trade potential, for me and for you.
ENJ📊 #ENJUSDT
⏱ TIME: 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit: 0.295 $
📍The second buying limit: 0.255 $
📌TP1: 0.54 $
📌TP2: 0.75 $
📌TP3: 2.1 $
📌TP4: 5 $
ENJ/USDT - Enjin Coin: BBand_Breakout Super-Trend◳◱ A Bollinger Band breakout and a Super Trend pattern have been noticed on the NYSE:ENJ / CRYPTOCAP:USDT chart, indicating a bullish trend. The Bollinger Band shows a probable positive trend as the price has moved outside of the upper band, while the Super Trend confirms the bullish trend. To buy at the current price range and aim for higher levels would be a solid option. The key resistance levels are located at 0.4718 | 0.4931 | 0.5477, and the major support zones can be found at 0.4172 | 0.3839 | 0.3293.
◰◲ General info :
▣ Name: Enjin Coin
▣ Rank: 101
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Media and Entertainment - Gaming
▣ Overview: Enjin is a Singapore-based technology company that provides services for building gaming communities as well as services for blockchain game developers. Enjin provides a suite of tools based on a web interface that supports Ethereum digital assets in the form of ERC-1155 tokens. Enjin also operates a virtual goods marketplaces for digital assets on Ethereum.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.4571 ₮
▣ 24HVol: 5,560,477.083 ₮
▣ 24H Chng: 2.673%
▣ 7-Days Chng: 5.78%
▣ 1-Month Chng: 7.52%
▣ 3-Months Chng: 25.76%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.4718 | 0.4931 | 0.5477
◢ Support: 0.4172 | 0.3839 | 0.3293
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.88
▣ Last 90D: 1.31
▣ Last 1-Y: -0.77
▣ Last 3-Y: 1.01
◲◰ Volatility :
▣ Last 30D: 0.78
▣ Last 90D: 0.99
▣ Last 1-Y: 1.00
▣ Last 3-Y: 1.35
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.79 - V. Bullish
▣ In-depth ENJUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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