ENJUSDT
✴️ Enjin Coin Highest Volume Since Mid-2021 | Bull-MarketYesterday's session produced the highest daily volume since April 2021.
Every time we see a massive increase in purchase volume this precedes a bull market.
This is no surprise, after the bottom is hit, the only place left to go is up.
The bottom was hit December 2022 for this and many other Altcoins, so the path is clear for growth.
Notice back in 2021 the massive increase in volume... Volume flat through late 2020 and then a sudden jump preceding a bull market.
The same is happening now.
Volume completely flat through late 2022 and a sudden jump happens yesterday...
There is potential for so much growth.
Namaste.
ENJ : UPCOMING INCREASEA new study shows that ENJ has the chance to show coming time new increase views since it's about to break an important key level.
We will follow ENJ to see if it's able to increase in the coming time.
$ENJ/#USDT [#Enjin Coin]: TrendLine_TouchWe've detected a Trend Line Touch on the $ENJ/$USDT chart. The price has touched a key resistance level, indicating a potential trend reversal. We may consider entering at this levele and benefit from the trend continuation.
1H - Technical Analysis:
Resistance: 0.51940000 | 0.56600000 | 0.67590000
Support : 0.40950000 | 0.34620000 | 0.23630000
- Oscillators: NEUTRAL
- Moving Averages: STRONG_BUY
ENJ LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ENJ symbol.
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
Enjin Coin ENJ price moves along its routeWhile most cryptocurrencies are thinking: "to fall or not to fall", against the background of yesterday's statement by the US Department of Justice, ENJ buyers decided that this is a great moment to pump the price up by at least +20-30%)
The entire speech of the US Department of Justice can be summarized in one thesis: "although crypto is still poorly regulated, any cybercrime, such as darknet trading, money laundering to circumvent sanctions, or any other offshore manipulations using the anonymity of blockchains - "will not pass".
The United States and its partners in Europe and worldwide are watching this."
Back to the Enjin Coin price:
As we have already drawn on the chart, the ENJUSDT price has entered the resistance zone, where we believe, that the number of sale orders will be increased. Therefore, we assume that the price will not be able to gain a consolidation above $0.40-0.50 from the first time, and a price pullback to the $0.30 area is possible.
However, in the medium term, the growth of the ENJUSD price to the range of $0.71-0.91 is more than realistic
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ENJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENJUSDT
We see R1 as our resistance area in which the unsuccessful attempts of price to rise is clearly seen. R1 used to be a support area. And S1 and S2 are the support areas at the bottom of the chart. Presently, the price is fluctuating below R1 and we believe it will give us two options here. Either there is a rise for the price by providing us some rising signs and there would be an increase expected for it toward R2 or higher. Or it is probable that the price is rejected at R1 and faces a falling trend to S1 or S2. We recommend you to obtain every piece of information and idea via our analyses for enjoying more profitable trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Enjusdt Falling Wedge Breakout Has Already confirmed Retesting in process
Incase Of successful retest expecting 30 to 35% Bulish move
Entry Can Be Taken After Momentum Candle safe Stoploss Would Below Recent Low (Below Wedge)
Consider It Only Idea Its Not Financial Advice Dyor Before Taking Any action
ENJ/USDT | Looks Promising for Breakout..!!
#ENJ Seems like Correction phase almost Done & Ready for Bounce Back...
Falling Wedge Formation in the Higher timeframe..
Pretty Decent Buying Volume Coming in..
Expecting Breakout Soon.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
ENJUSDT 1DENJ appears to have bottomed at 0.2424 where it touched and quickly returned to the middle of the Keltner channel. At this exact moment it is at the lower edge of the channel, being able to visit the one at the edge of the triangular wedge at 0.2516. The biggest possibility is that it will go back to the channel's median to meet the MM200 at 0.2743. Remember that the asset always seeks the MM200.
Enjin Coin (ENJ) is an ERC-20 token built on the Ethereum blockchain. It is designed to be an in-game currency to buy in-game items. It also adds value to game features.
Here are the supports and resistances:
S: 0.2564 / 0.2529 / 0.2424
R: 0.2608 / 0.2666 / 0.0.2743
ENJUSDT 1HThe ENJ is trying to overcome the resistance posed by the cloud, even so with increasingly rising bottoms and increasingly rising tops, the ENJ is following its bullish channel. Breaking the upper base of the bullish trough which coincides with the upper edge of the keltner channel at 0.2683, the Enj is heading towards the MM200 at 0.2855.
Here are the supports and resistances:
S: 0.2624 /0.2576
R: 0.2683 / 0.2855
4 Crypto assets to add to watchlistHello traders
for the week ahead I have chosen these four assets to watch. the parameters that was taken into consideration was mostly onchain and fundamental data of these assets.
as you can see I have showed the possible scenarios that I think are possible for these assets.
let me know what you think in the comments.
Trading opportunity for ENJUSDT Enjin CoinBased on technical factors there is a Buy position in :
📊 ENJUSDT
🔵 Buy Now 0.3155
🧯 Stop loss 0.2784
🏹 Target 1 0.3600
🏹 Target 2 0.4320
🏹 Target 3 0.5400
💸RISK : 1%
We hope it is profitable for you ❤️
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