ENJUSDT trade ideas
ENJUSDT is testing the Daily SupportThe price is creating a descending channel on the daily timeframe and had a breakout from the dynamic support and bear flag.
Now the price is testing important daily support on 1.4$
How to approach?
We are monitoring the price, we expect a bounce around 1.6$. If the price got liquidity and the market is going to lose the current support and flip it in new resistance, we can apply our rules to open a new short position
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
ENJUSDTGeneral Guide:
1.) Anything above price is a resistance, anything below is support.
2.) Proceed with caution when taking a trade based off of this chart.
3.) Make a copy of it to watch it in real-time. Click the share button, then "Make it Mine"
4.) It is very risky to set limit orders, I advise you to set alarms and when it hits, check how it reacts.
5.) Watch the BTC pair closely as price will generally follow that pair.
6.) Definition of Terms:
Bearish/Bullish Order Block (OB) - Price rejects or bounces respectively.
(Monthly/Weekly/Daily) Liquidity - Where retail stop loss orders are.
pm/pw/pd/pr - Previous Month/Week/Daily/Range
VAH/VAL/POC - Value Area High/Low and Point of Control (70% of traded volume in a range)
OTE - Optimal Trade Entry
Rectangles - Liquidity Pools
Diagonals - Probably a Fib Resistance Fan, Pitchfork or Pitch fan
nPOC - Naked Point of Control
Eq - Price Equilibrium
Single Prints - Liquidity Voids
🕹️ ENJIN = Soon Top-15 🍊Lovely chart to BUY and patience WILL pay dividends here.
Enjin is our preferred chart today and we are moving some profits from Quantum and Dome over to ENJIN.
Remember:
THIS IS CRYPTO!
BUY ON SUPPORT,
TAKE PROFITS GRADUALLY
RE-ALLOCATE
Today there will be money here going to ENJIN.
One Love,
the FXPROFESSOR
ENJIN COIN DAILY ANALYSIS ENJUSDT (ENJIN COIN )
💹 Time Frame: Daily (Update)
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🟢ENJ took a strong rejection from the major resistance zone around $2.16 - $2.25. Also, there's a supporting uptrend line, which can act as a support in the future. Around, $1.43 - $1.50 is the next
support area where you can look for buying opportunities. Let's see what is going to happen in next coming days?
🟢 This Analysis will be Updated
Amir Hossein
📅 02.12.2022
⚠️ (DYOR)
ENJ - macro look at momentum & EMA 200ENJ - macro look at momentum
everytime it has hit that momentum low it has rebound up to the 200ema
target is around 2.20 if history repeats
is this time different?
also iam starting to experiment with these volume profiles as you can see. defining 'order blocks' by it, like the edges on either side should be the pivots. anyway ill keep experimenting with them and see what happens.
regardless of this idea this price point here on everything is a big pivot. so place your bets now.
gl
Enjin (ENJ) Buy ZoneEnjin (ENJ) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
On 4 hours timeframe, Enjin Coin after breaking out the neckline of reverse head and shoulder and formed out the higher high and higher lows and the only possibility for the bulls is to get a higher time frame bullish-pattern around entry zone.
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$ENJ/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 2 - 2.1
TP 1 : 2.15
TP 2 : 2.25
TP 3 : 2.36
TP 4 : 2.45
TP 5 : 2.55
TP 6 : 2.66
TP 7 : 2.79
TP 8 : 3
Stop Loss : 1.825
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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ENJ#crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptotrading #bitcoinmining #cryptonews #cryptocurrencies #investing #investment #bitcoinnews #bitcoins #eth #invest #business #entrepreneur #forextrader #bitcointrading #binance #trader #investor #nft #litecoin #bitcoincash #bhfyp
ENJUSDT_Daily_ 2.9.22Hello dear friends, I hope you are well
We have ENJ currency analysis in daily timeframe
The photo shows everything. If you have a question, you can ask. I will answer
If there is a problem with the analysis, please tell us so that it can be fixed
Resistant:2.07_2.25
Suport:1.20_1.43
👤Mohamadhjz : @Mohamadhjz
📅 09.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better friend, I hope you are well
Look at the EnjinIt seems Enjin is trying to pass a keylevel done by the cross of resistances and fibo level. Indicators and market are goods but we need confirmation. Foundamentals are good as Enjin is a metaverse and gaming crypto very hot from macro perspective.
Someone could says that we need bitcoin higher before to see the altseason on...let's see...
ENJUSDT is testing the weekly resistanceThe price bounced on the dynamic weekly support (the red line on the upper chart) and now the market is testing the weekly resistance on 2.08%
The price retested the neckline already and it's trying to have a breakout from the weekly resistance.
How to approach?
the price could retest the 0.5 Fibonacci level before a new breakout, we need to monitor the 1.79$ area.
Otherwise, If the price is going to have a breakout from the weekly resistance, we will add to our Watchlist and wait to apply our rules.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Trendline and EMA analysis2 things to look at:
1. Price is still travelling within an ascending channel and it is still facing rejection at the top of the channel.
2. The downtrend may have been broken if my trendline was drawn correctly (on 4 hour timeframe). We can see that price came back to test the trendline as support and closed above it. If the price fails to break out of the ascending channel, it is possible that we see a pullback here, since we're also facing rejection at 200 period EMA.
ENJIN Metaverse-Trend>>>>Hello EveryOne
I Always Tried my Best not to Draw a Crowded Chart>>>>>>>
I did not need the technical explanation here
Just see The Chart And Is Clear
PLZ Do With Your Own Review
And If You LIke And Push Me To Do More Plz Like and If Have any Questions Comment Below I do Anser
With Hoping Your Luck>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>