ENJUSD trade ideas
CRYPTO - ENJ - Another Wyckoff with the hard yards behind us.CRYPTO - ENJ - Another Wyckoff Accumulation with the hard yards behind us. We have moved through to the test phase.
RSI setting higher lows showing selling strength is weakening.
Volume is increasing.
STO has bottomed out and is heading back towards 80 for another run.
We should head towards 1.80 for the sign of strength phase of the wyckoff and then back through 2.00.
Target 1 = 1.99.
Stop loss 1.49.
MY MINIMALIST CHART ANALYSIS FOR $ENJ9.2.21 My Minimalist Analysis of $ENJ
Indicated are key levels of support and resistance, as marked by the small and large range boxes.
For short to mid term swing trades.
ENJ coming out of the 50% zone with a buy stopENJ has been playing in the 50% zone for a while and now seems ready to go. Overall uptrend momentum in the H1 chart. Using fibs as always to identify entry and swap exit.
ENJUSD: Rev up your ENJines and get Ready to Reach the Target!Hello Trading Community!
Here is my quick analysis of ENJ recent price action...
I started following ENJ about two months ago and posted an idea (see in the links below) where I first noticed the occurrence of a strong breakout.
Since then ENJ has been performing nicely, bucking the uptrend. As you can see on the chart, ENJ has been diligently working to complete a pretty impressive cup / round bottom base.
Once complete, I would expect the price to reach the target of $2.80.
Would you agree with the analysis? What's your take on it?
Happy Trading!
LTT
ENJUSD: Breakout in Progress!ENJ is an interesting al-coin with a business case / utility related to online gaming.
It seems to form a nice bottom and now looks like the breakout is in progress. If all goes well, we may see nice gains in this coin...
So far so good - it is already up 9% since yesterday and its raise seems to gain more momentum.
Happy trading!
Bull Market Ends October/25. Enjin Reach $25- $32 , Bull Market will end in 2 months from now but i believe we will see Crazy Bullish Candles we never experienced since 2017 !!!! After October we will get in a small bear market for 6-8 months then continue to another bull market and new highs
Dow Jones due for a correction it will pull all markets down with it i believe from the charts it Will Each $35,600 Before it corrects to $25,500
Not Financial Advice
ENJ Analysis According to my prediction, consequently, due to rising wedge, ENJ has broken down to our support line.
After watching the USDT.D and BTC.D charts we could take a long position to take profit for short term in addition we should see our support line cause our candle must be closed its price on our support line then we might make decisions to wether take a long position or not.
It’s also better to look at the RSI and MACD to get better decisions .
This analysis related to daily time frame and 4H time frame.
(Due to high risky of trading on crypto currencies, it’s better to take profit and save interests via stop-loss)
ENJ Pushes the LimitENJ pushes the limit. If it continues past range resistance, we stand a chance of riding it up to the Fibonacci targets.
Preliminary Entrance: 1.6602
Do you like big wins and big money? Do you have strong hands and patience?
I'm a full-time Wyckoffian VSA crypto swing trader (since 2017) and regularly seek out the most lucrative swings available on all the major exchanges.
My win rates are between 80-85%. Follow me on TradingView and see for yourself.
All my charts are clean, straightforward and easy to follow. No junk, no needless indicators, just solid volume spread analysis with simple 'take-the-money-and-run' Fibonacci target zones.
Good luck and safe trading!
** Not financial advice. Please trade at your own risk.
Why Log charts can be helpful in the crypto marketAs you can see, previous peaks almost disappear and become irrelevant as each new bull move occurs
Log charts provide a more detailed perspective of price action
Its crazy to think ENJIN could be $140, if that $140 price was hit, would tower over the current peak which is already massive