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ENJUSDT

ENJ at top of range and hitting resistance; Bearish?It may depend heavily on how BTC performs, but im feeling pretty bearish on ENJ as it stands. As the title states, ENJ rejected off the resistance almost perfectly while simultaneously reaching the top of its range; on the dot, i might add. Personally im looking for short entries on ENJ. But as always.. time will tell. If this continues to sit sideways and isnt able to create a higher high, i expect it will fall back down to the bottom of its range before making progress upwards.
EShort
by AomoriAkuma
7
ENJUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ENJUSDT Here we have R2 that is a resistance line and shows that the price is unable to rise. R1 used to be a support area as well as S1 and S2 which all express the support of the price since the past. Also, the purple line is a 4-hour resistance line. At the present, we have the price fluctuating below the purple line and we predict a rise for the price to this line and then by being rejected, it will fall to S1. Note that S1 is a determinant area for the price to have a rise or fall. Thus by receiving some confirmation candles here, we will decide for the movement of the price. Remember that when the price reaches R1, it would be a good area for saving profits. 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
by MarsSignals
2
Crypto - Trade SetupMost ALTs haven't tested the main resistance level yet and even though they rejected beneath the resistance still there is a smell of bulls in the price action. Yes not so much interest yet but i'm expecting something more likely upward towards the resistance zone soon. But like i say market emotions change with the time so we must not stay rigid, we need to move along with the market. Here are the key areas for my trade setup on ENJI against USDT, I'm saying again once the price reaches my zones I'll observe the market emotion clearly then only i get into the trade otherwise I'll look for another trade setup. This is what disciplined traders do so what are you doing ?? My calling : 0.5922 Note : I'll update once the trade setup got triggered! Disclaimer : I'm not a financial advisor, trade at your own risk.
Long
by Livermore_Jr
ENJ - Powerbank is empty⚡ Reasons to take short: ⭐️ BTC bearish ⭐️ Trendline 9 days long ⭐️ Trendline is clean ⭐️ Buyer failed to update high ⭐️ Buying volume is decreasing ⭐️ Price is squeezing to the trendline ⭐️ 5th touch ⭐️ 60 ATR, coin at high Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
2
Enjin Coin (ENJ) - June 28hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ENJUSDT 1W chart) Below 0.563 is likely to be a mid- to long-term investment area. The new Heikin Ashi low and the MACD's 'Buy/Sell' indicator fell at the same time and touched. Therefore, if support is confirmed by rising above 0.635, it is expected to lead to further upside. However, if it fails to rise and falls below 0.563, it can lead to a big decline, so careful trading is required. (1D chart) The key is whether it can find support at 0.563 and move above 0.673. It may temporarily drop to around 0.484, so you need to trade cautiously. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
ENJ - Engine goes brrr.. 🏎Reasons to take long if BTC will squeeze back to daily VWAP: ⭐️ Range for 11 days ⭐️ Level is clean ⭐️ 3rd touch ⭐️ Price is squeezing to the level ⭐️ Buyer appeared ⭐️ 35 ATR ⭐️ Over VWAP Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
ENJ can Go Bullish Or Bearish!what can expect in Both SituationsENJ is in a Symmetrical Triangle and Haven't done a Break out Yet! So We can Not Determine Whether It's gonna be bearish or Bullish We Have to wait and see what will happen. in Bullish case The Price will Reach 1$ Which is also a Strong Resistance as well! In Bearish Case The Price will Reach 0.5$ which is also a Strong Support For ENJ ! The Expected Movement will be Confirmed In a Few Days! -ENJ is in a Symmetrical Triangle -No break out yet -Bearish Case :0.5$ -Bullish Case:1$ -Trend will be Determined In a Few days! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
4
Enjin Coin (ENJ) - June 1hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ENJUSDT 1W chart) Below 0.563 is likely a long-term investment area, so you need to trade cautiously. (1D chart) In the short-term and medium-term perspective, it needs to move above 0.744 for support to turn into an uptrend. Accordingly, it is an important issue whether it is supported over the 0.673-0.744 range. (buying) - After confirming the support at 0.744 (Stop Loss) - When the resistance falls below 0.673 - When it falls below 0.563 (Sell) - When resistance is received in the 0.943-1.124 section - When receiving resistance in the 1.626-1.878 section ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
STORJ update from Dec 2021Little update from Dec 2021: STORJ Elliott wave played out perfectly since my last post from 6 months ago. Going forward? Depends on how Bitcoin performs. I’d anticipate a multi-month accumulation phase before attempting any bullish breakouts. We’re at a great place to dollar cost average (DCA) but I would save some $$ in case Bitcoin retests $25,000 and possibly falls below. In that case, STORJ as well as the overall crypto market will also fall significantly. Not financial advice, simply sharing my thoughts and providing a little update from 6 months ago. Happy trading and Good luck to all!
S
by YoungSlav
1
ENJIN COIN WARMING UP ITS ENGINESGood morning all We will be looking at the ENJ/USDT pair this time around Lets begin! In our previious analysis we pointed out regions where price could bottom out for enjin coin, as shown below; Price is trading at that level currently and we have ourselves a Regular flat correction in play judging by the price action. In theory a regular flat has it's C wave to be 61.8%, 100%, or 123.6% of wave AB. So far we have a 100% retracement leaving us with our worst case scenario zone aligned with the 123.6% fib support level. That said, this is a very good buying opportunity (don't take my word for it) Our targets for the 5th wave fall within the $12-$15 dollar range depending on where the bottom will be. Past analysis linked below PLEASE APPLY PROPER RISK MANAGEMENT! If you agree with the idea, pls like, share, and comment your thoughts below. As always, feedback is appreciated!
Long
by RektMyMom
8