ENJUSDT
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.
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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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ENJ ABOUT TO TURN ON THE (ENJ)INSENJ is about to go super wicked. If held above this inflection point, she is going to rip up pretty fast and without a lot of hassle. All types of Bullish Divergence is starting to play out as we see the momentum starting to build. I am LONG when ENJ can burst through that resistance and backtests to claim new support.
Enjin Coin ENJ bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Enjin Coin ENJ has a negative overall sentiment recently.
I have the following price targets:
ENJ/USDT short
Entry Range: $0.49 - 0.56
Take Profit 1: $0.45
Take Profit 2: $0.38
Take Profit 3: $0.29
Stop Loss: $0.63
ENJ Scalp - Very easy long😏ENj is awesome candidate for long since:
⭐️ BTC bullish
⭐️ Domination looks bearish
⭐️ We have 5 days of accumulation
⭐️ Spread is getting lower
⭐️ 4th approach
⭐️ Volume increases at top
⭐️ 50 ATR
⭐️ Over VWAP
Will enter when price slowly squeezes to the levelon 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
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