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Enjin Coin / TetherUS

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ENJUSDT trade ideas

Falling wedgeWe can see a price action forming a pattern which can be recognised in the market as a falling wedge you never know which way it could go but a break of the upside makes it bullish and if the price reaches the above trend line it can also respect it and bring it down to the up down side anyway have a look at that uptrend line to have a good trading decision you wait for a breakout of a trendline for a bullish move or you wait for it to respect trendline bearish move
Education
by De_Dommex
ENJIN - One of My TOP Picks for the SeasonWhen we say season we mean Xmas season... ENJIN has a lot of great things going and as soon as BTC can start recovering we expect this coin to fly to new All Time Highs or higher. It’s Early Days, but Enjin May Be a Metaverse Crypto That’s Worth the Money: And like much of the crypto world, Enjin has experienced rapid growth. Year-to-date, its value is up 2,500%. That growth, combined with those previously mentioned factors, makes Enjin highly interesting right now. The best place to start in understanding Enjin is to start with the most relevant topic: The metaverse. Start your ENJINs. It will make it to Top-15, that's our expectation. the FXPROFESSOR
Long
by FX_Professor
1
ENJUSDT Making Symmetrical TriangleEnj making a triangle. and now trading on 2.875 if it is able to break the resistance then we can see its price going toward 3.60 and if it's not able to break the resistance and shows a little correction then we can see its support level around 2.73 and if it breaks the support we can see its price around 2.05. Trade Accordingly. if it breaks the resistance then wait for the retracement and testing its new support level and then take long otherwise vice versa.
by usama_karim
THE LITTLE ENJIN THAT COULD. BULLFLAG PATTERN ENJ trying to close above upper band of bull flag; seeing some consolidation. Support held at 38.20% fib and we've been able to close above 2.896 key area of resistance (3x support on previous swing lows), but still below 50 EMA. Technical: 1. MACD - Histogram getting smaller and red lightening. MACD line below signal, under 0.00, flattening out from obvious downtrend. 2. BB - Candles near lower band 3. RSI - 43. Line moving toward upside. 4. EMA - Above 128, 200; below 50.  If price can close above flag line, 50% fib, and 50 EMA, possibility we see upside is high. At that point, we should see MACD looking to move above signal line from below. Place entry accordingly. Price Target 1 (9.50%) - 3.144 Price Target 2 (27.09%) - 3.665 Price Target 3 (53.13%) - 4.426 ENJ is a gaming community platform and virtual goods marketplace. Goodluck!
Long
by TaneeshaG
ENJ, Rising Accumulation on yet another metaverse token.ENJUSDT (Enjin) showing a picture perfect wyckoff structure, see image attached. Volume has increased steadily to the buy side since breakout. Panic sell into previous resistance and failure to fall under is a sign of strength for a possible BU (Back Up) Action. ------------------------------------------------------------------ What is Wyckoff Method? ------------------------------------------------------------------ "One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists. In accumulation, the shares purchased outnumber those sold while, in distribution, the opposite is true. The extent of accumulation or distribution determines the cause that unfolds in the subsequent move out of the TR (Trading Range) ." Wyckoff Theory & Schematics give us clues to which probable direction the price may head out of the horizontal moving price structure. In a Accumulation Trading Range the key characteristics are the ST or Spring below the Trading Range, and the SoS's Signs Of Strength with strong breakout volume at the upper end of the range.
Long
by Worth_The_Ri5k
1