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Enjusdtlong

ENJ USDT Long Idea - Bullish Reversal ENJUSDT 4-Hr TF. Bullish Reversal We observe a budding shift from a prevailing downtrend to potential bullish momentum. Key support and resistance levels have been mapped, indicating areas of significant market interest. Price Action: Recently, the price has shown an upward momentum, creating a series of higher lows and higher highs, which suggests a potential shift in trend from bearish to bullish. The recent pattern of higher lows and highs could suggest an imminent trend reversal. Our strategy recommends a long entry at 0.5685, with a conservative stop loss at 0.4270 to safeguard against unexpected downturns. Profit targets are set at 0.5300 and 0.5500, aligning with major resistance zones. The RSI presents a neutral stance with a bullish bias as per the moving average crossover. Traders are advised to monitor these levels and adjust positions accordingly to market dynamics."
Long
by ChartsInsights
ENJUSDT - W1\D1ENJUSDT W1 - The price was able to break through the high of the first wave, which may mean the implementation of the 3rd wave. The best option for considering purchases is to wait for the level of the first wave to be fixed or for a retest to D1 at the level of 0.3319. When implementing the idea, you can expect a target at the level of 0.5451 D1 - you can wait for a corrective movement within 50% of the previous impulse and expect the formation of the 5th wave - from levels ~0.3172 with targets up to 0.3942 What can you expect? Expect the formation of the 5th wave - from levels ~0.3172 with a small risk on the idea with a target of 0.3942 Cancellation of the idea when fixing behind the trend line 0.2991 Long Targets 0.3407 - 0.3652 - 0.3942
Long
by Trade_Hive_Signals
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
Long
by Trade_Hive_Signals
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. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF