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Enjin Coin / TetherUS

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ENJUSDT trade ideas

ENJ wants to pumpFrom where I inserted START on the chart, it looks like a large degree triangle has ended. It seems that we have an ascending diametric. Price is pulling back down to test the FLIP range. In the green range, you can buy/long position. The targets are clear on the chart.Closing 1 4-hour candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
ENJ/USDT Bullish Reversal from Key Support? 🚀ENJ Analysis💎Paradisers, let's turn our attention to #ENJUSDT as it exhibits promising market activity. Following a rejection from its resistance, it is now positioning itself for a potential bullish resurgence from below its current support level. 💎 #Enjin recent behavior, we note that after facing rejection at $0.4287, it experienced a downward trend. Currently, the support at $0.3644 is pivotal. If NYSE:ENJ can regain momentum at this level and successfully challenge the robust resistance, it could set its sights on overcoming the higher resistance at $0.5021. 💎 Yet, navigating the unpredictable crypto market requires a readiness for various scenarios. If #ENJ struggles to initiate an upward move from the $0.3644 support, a recalibration of strategy might be necessary. 💎 This could entail preparing for a bullish resurgence from a slightly lower support level at $0.3294. Be mindful: a break below this level could indicate a shift towards a more bearish market trend.
Long
by MyCryptoParadise
1
ENJ/USDT Ready for a Potential Bull Rally? 👀🚀ENJ Analysis💎 Paradisers, shift your attention to ENJUSDT, showcasing a significant setup in the demand zone, enhanced by a recent Market Structure Shift (MSS). This configuration implies a robust possibility for a bullish trend. 💎 In examining ENJ's pattern, EnjinCoin has demonstrated a consistent ability to break above its descending trendline, indicative of potential upward movements. It is currently facing a significant Bearish Order Block (OB) challenge, with steady momentum above the EMA100, targeting supply goals at $0.45. 💎 However, given the unpredictable nature of the crypto market, ENJ traders need to be equipped for a range of outcomes. Should the anticipated bullish surge not come to fruition, pivoting to a rebound strategy from the support level at $0.275 will be crucial. 💎 A descent below this support level would signal the need for a strategic adjustment, emphasizing the importance of reevaluating the bullish perspective and modifying trading strategies in response to market changes. 💎 Stay focused and strategically acute, Paradisers. Your ParadiseTeam is dedicated to providing you with insightful analysis and guidance, ensuring you make the most informed trading decisions in these dynamic market scenarios.
Long
by MyCryptoParadise_Simon
1
ENJUSDT Market Analysis: Bullish Prospects ahead or Not?💎Yello, Paradisers! It's time to focus on ENJUSDT as it presents an intriguing situation at its resistance point, poised for a potential bullish breakout from the Bullish Order Block (OB). 💎EnjinCoin has been tracing a descending trendline and is currently positioned at the lower end of this channel. There's a significant likelihood that ENJ will target the liquidity above in the supply zone. 💎Adding to the bullish sentiment is ENJ's consistent performance above the EMA100, lending further credibility to the optimistic outlook. 💎However, traders need to stay vigilant: a drop below the 0.2500 level could indicate a transition towards bearish conditions. It's essential to monitor these developments closely and make strategic decisions accordingly. 💎Enhance your trading tactics for ENJ with insights from ParadiseFamilyVIP. Dive into our detailed analyses on ENJ and other promising tokens to refine your approach in the crypto market.
Long
by MyCryptoParadise_Simon
1
ENJ/USDT Anticipating Bullish Movement from Demand Zone?? 👀 🚀💎 Paradisers, turn your attention to ENJUSDT as it presents an exciting trading scenario. The asset is currently showing signs of a bullish movement, originating from an internal demand zone. 💎 Diving into ENJIN's historical market performance, we see a pattern of following a descending channel, breaking above it, and then propelling upwards after a retest. Currently, ENJ is adhering to a descending trendline, which is serving as resistance. 💎There's a high likelihood of a bullish move initiating from the internal demand zone. Should this bullish shift materialize, ENJ is set to target supply levels at $.3357 and $.3693. 💎 However, in the unpredictable tides of the market, #ENJ traders must be prepared for alternate outcomes. If ENJ fails to sustain its upward momentum and dips below the internal demand level, a different market response might be on the cards. 💎Traders should be ready for a potential bullish recovery from the external demand level of $.2460. Nevertheless, a decline below this critical juncture might indicate challenges in maintaining the bullish trend. 🌴💰
Long
by MyCryptoParadise
1
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
Do we have 50% growth ?After a long period of time in which the Enj coin was below a weekly trend line, it can be expected that after breaking the 0.3200-0.3400 range and a pullback to the 0.3400 area, we can expect to move up to the next resistance level of 0.5100-0.5700. Therefore, we have a trading node at the 0.3855 area that can create short-lived resistance. If you enter this trade, you will be solely responsible for any losses or profits. Trading is a risky activity, and there is always the possibility of losing money.
by Crypto-Oracle1
ENJ/USDT Critical Resistance Level. Break or Rejected down ??💎 ENJ has certainly made an impression in the market with its recent surge. Currently, ENJ is in a consolidation phase at a critical resistance level, which could be a concerning sign as such patterns often suggest distribution. 💎 The presence of a false breakout characterized by a long bearish wick hints at the possibility of a downward correction toward the demand area. Should this occur, a robust bounce at this level may be expected, probability setting ENJ on a trajectory toward the designated supply zone and higher major supply levels. 💎 However, there is a less favorable scenario to consider. If ENJ retreats to the demand area without showing resilience—lacking a strong bounce or rejection—this could indicate a breakdown or loss of the demand zone. In such a case, ENJ may be poised for a further decline towards lower demand levels, possibly leading to a retest of the key support area.
by MyCryptoParadise
ENJ Enjin Coin Price TargetBinance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is ENJ Enjin Coin . I've set a short-term price target for ENJ Enjin Coin at $0.22. Looking forward to read your opinion about it!
Short
by TopgOptions
2