WHERE IS THE BOTTOM FOR ENJ? - ENJIN COIN ANALYSISIn our last enj analysis we talked about how price needed to reach at least the 61.8 retracement level of correction wave B as shown below
Now that we have reached and bounced from the 61.8 level, what comes next?
It appears our currect wave C has created a falling wedge pattern, which could soon be confirmed as a Running flat pattern 3-3-5 correction if we get another leg down.
Levels to watch out for buying are the 76.4, 85.4 & 90.0 fib regions. Have some orders at the 100% retracement level too(0.735) but i'm doubtfull of it.
Global View:
Should the above scenario play out, We will have ourselves targets ranging from $10-25
1st Target- Previous ATH
2nd Target- $10-13(1.382)
3rd Target- $17-25 (1.5-1.618)
If you agree, pls like and share your thoughts in the comments.
Always manage your risks.
ENJUSDT
ENJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENJUSDT
The price had more decline when it lost its support line. Now it is moving toward the first support line. In fact, we must wait and see what happens. Either it will move upward to the first resistance line in case it is supported, or it will have more fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
ENJ on the way to reach 1.05$(or 2.2$?)ENJ is in a Descending Parallel Channel Right now and This Means The Price Can Decrease further. But there is a Slight Chance that the Price would be able to Break the Bearish Channel & Reach 2.2$ again. But If It wouldn't be able to break the Channel, The Price Shall fall to 1.05$.
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Thank you for seeing idea .
Have a nice day and Good luck
#ENJ / USDT #Signal @everyoneBuy zone in yellow range
Potential targets around green levels
Buy & Hold investment idea not day trade
Stop loss (if any) depends on your strategy so decide yourself
**Fair bit of fear and volatility in the market recently so remember your money management**
**Please like and sub for more simple no junk trade signals**
ENJUSDT Attaractive chart.I spent a fair amount of time walking through airports on Saturday, and almost every single advertisement I saw was about cryptocurrencies. I’m serious. Grayscale this and Gemini that.
I was reminded, naturally, of the year 2000, and all the Super Bowl ads for dot-com companies that would be bankrupt within a year. It’s the same now.
Yesterday was supposed to be the “crypto bowl“, with all the fat-with-cash worthless firms pushing their crap on people, and I suspect most of them will be destroyed in due time. As I look at the alt-coin charts for ALGO, ATOM, CRV, ENJ, FIL, LINK, SNX, and SOL, all I can say is………….this entire space is going to be battered for a long time.
ENJUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 2.1 - 2.4 - 2.9
after first target reached move ur stop to breakeven
Stop: 1.3 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
Enjin (ENJ) Buy ZoneEnjin (ENJ) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
Once again following risky our market condition, Enjin has retested to mid-term support of $1.3 zone before heading once again above our most important mid term level.
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$ENJ/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 1.295 - 1.265
TP 1 : 1.32
TP 2 : 1.36
TP 3 : 1.39
TP 4 : 1.415
TP 5 : 1.45
TP 6 : 1.49
TP 7 : 1.54
TP 8 : 1.61
Stop Loss : 1.24
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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🕹️ ENJIN - 1.94 is Key Resistance 🍊Our prediction for ENJIN has been for TOP-15:
ENJIN is now ranked at #73 but this could change fast.
The price should first rise to major resistance of 1.94 / where it will have the most crucial test at Key Resistance.
Time to start our ENJINS for good? Very likely YES!
One Love,
the FXPROFESSOR
🕹️ ENJIN - 3rd Attempt to Breach Over Resistance 🍊As we have covered many times before: 3rd attempts tend to have increased chances of breaching over.
The resistance lies at 1,89 and once (and if) breached over it will become support.
We have stated before that ENJIN has potential for Top-15:
In a similar manner we had called for Avalanche to make it to the Top 10 :
Let's hope to be right about ENJIN too!
ps. That was the first time we posted about Enjin, after a classic, textbook breakout: Perfection!
One Love,
the FXPROFESSOR
ENJ/USDT Chart Hi, I try to post often so if you could follow me and like it would mean a lot to me. I also posted a BTC idea today so check that out.
I am very bullish on ENJ on the mid term and I believe that we will eventually reach 2$. For now I would like to show us this long set up on the 4H chart. The coin has a bullish divergence on this chart and things are looking nice on this time frame. The RSI of the coin was undervalued and ENJ had a rejection at 1.51$ suuport. With BTC in the current conditions (go check my other idea) I believe that tomorrow will be a good day for longs.
Comment what you think.
I will post more ideas this week but there is no stream friday. Sorry for the inconvenience.
ENJ update ; potential bottom pivot hereENJ update ; potential bottom pivot here
obvious patterns repeating. the exact same bottom has formed here albeit a bit stretched out.
question is, does it hold?
macro pivot point right here.
seems a bit tooooo obvious. break down should also be expected. place your bets.
ENJ SCALP LONG SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ENJ/USDT update. ENJ looks good here.
ENJ is breaking out from the inverse Head&shoulder pattern in 4hr time frame. Buy some now and add more at the retest.
Entry range:- $1.78-$1.81
Target1:- $1.86
Target2:- $1.94
Target3:- $2.06
Target4:- $2.14
SL:- $1.70
Lev:- 5x-10x
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