ENJUSDT trade ideas
🚀ENJ/USDT trying to Break major resistance 💯ENJ/USDT forming bulish on 1D looking ready for a breakout major resistance area soon. ENJ is now reached the resistance Zone of the chart now then we see a good rally in ENJ. The next major resistance after breakout is 4$ previous ath level . If ENJ unable to break the previous ATH then we will see a retest of 3$-3.2$ support area. If breakout confrimed we can see bulish gain.
Not a financial idea. Wait for a breakout or rejection from here.
* DYOR
Enjine to Moon (Becoming Polkadot Parachain)BINANCE:ENJUSDT
As you know Enjine will be integrated into Polkadot Ecosystem by becoming one of its Parachain’s, which should boost the demand and price of the ENJ token big time.
parachains.info
In Terms of Elliott Wave, we finished 4 mayor Primary Impulse Wave moves, and are missing Wave 5 up to the upside to new all time highs. Which should last several weeks or months.
We clear $2.334 USD, a mayor resistance level, next one is about $4 USD. And if we clear that one, we should reach around $6 USD pretty soon. Right now, it is about $2.68 USD.
Mid-term, looks great, both fundamental and technically. Should be an easy doble before year end. With potential to go much higher.
Good Luck to You
₿ ENJUSDT 1D ₿ : 29.Oct.2021 (Update)52% Profit after 2 weeks ... Also, the price has been successful in breaking the static resistance and is still advancing ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 29.Oct.2021
⚠️(DYOR)
Long-term trend (ENJUSDT LONG)* Long-term parallel channels on the weekly chart for both price and RSI.
* Cup and handle completing along the trendline from mid-cycle top to top of the mid-cycle consolidation phase.
* 21W EMA crossed above 20W SMA.
* If ENJUSDT holds above $2.18, preferably closing a weekly candle above this level, then this bodes well for ENJUSDT.
* If weekly RSI holds above mid-channel, then there is a decent probability that ENJUSDT will go into price discovery; if not, then ENJUSDT will probability reach previous ATH around Dec'21.
* All these are aligned to my wider BTCUSD thesis.
ENJ 1D : WEEKLY W PATTERN INCREADIBLEHello Everyone, If You Like The Idea You Can Support With A Like And Comment .
Keep In Mind ❗
🔴 Purple structure -> Weekly Structure
🟢 Green structure -> Daily Structure.
⚫️ Grey structure -> 4h Structure.
🟡 Yellow structure -> <4h Structure.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
ENJ BreakoutENJ/USDT
1D/8H
ENJ has broken out of a symmetrical contracting triangle on the daily having initially rejected off the upper structure within daily supply and creating a falling wedge reversal triangle that created a new higher high and higher low and started a new uptrend. We rejected off the daily supply with a rejection wick on both the 1D and 8H and consolidated below mitigating the sell side pressure above before continuing its upwards move breaking out nicely with little sell side pressure and supporting volume. Momentum on the MADC daily still showing healthy upwards motion as we cross the centrline and volume increases whilst the histogram remains bullish.
Expecting a continuation into the 1.272 fib and into the next level of daily supply where a reaction is expected.
We don’t predict, we react to what the market is showing us.
ENJUsdt gaming ecosystem for profitENJ i before analyse i think now break trend resistance line and can big move little patient for pullback after that entry position
gl
Entry Point:
1.873
Supports:
1.735
1.554
1.214
0.993
Resistance:
2.263
Targets:
2.951
4.305
6.963
For HODL:
12.852
17.687
28.002
GL