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Enjin Coin / TetherUS

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ENJUSDT trade ideas

ENJ/USDT potential shift? 👀 🚀 ENJ Today Analysis💎Paradisers, gear up for a potential golden opportunity with ENJUSDT! Our observations show that it's navigating within a symmetric triangle, firmly holding onto a pivotal support level, hinting at an upcoming bullish phase. 💎Over the past month, ENJUSDT has been maneuvering within this tight triangular formation, with a crucial support at 0.2160. Our current outlook suggests a possible retest of this support zone before embarking on an upward journey. A breach of this structure would further solidify the bullish narrative. 💎 However, should the support falter, expect a pronounced downward shift. In such a scenario, strategize for a short entry post-retest. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
Long
by MyCryptoParadise
ENJ short period analysis NYSE:ENJ Short period analysis ⏰ Simple s/R 💘 ☺️ 🎮🎯 Weekend candle was opened 😂 Strong below 📍 turn 💯 bearish 🛑 1st box 📍 is not big deal 🤝 but we see some pressure in lower time frame #LTF $0.32-0.33 WILL be the 1st target 📌 In High time frame #HTF big yellow 🟡 box play key 🗝️ role 🙂 I don't think 💬 it will break so don't keep hopes on this coin too much bullish 😂 $0.44-0.544 will be my 2nd final Target 🎯 Let's watch 👀 how PYR liquid 💰 will support here 👍
Long
by raj5_7_5
EMA 10 crossing down EMA 50 Yes, when the Exponential Moving Average (EMA) with a shorter period (such as EMA 10) crosses down below the EMA with a longer period (such as EMA 50) on a 4-hour chart, this is often referred to as a "death cross." It is a bearish technical signal that suggests a potential shift in the trend to the downside, indicating the possibility of a bearish or downward movement in the price of the asset being analyzed. Traders often pay attention to such crosses as they can be used as part of their trading strategies to make informed decisions. However, it's important to consider other factors and conduct thorough analysis before making trading decisions based solely on this signal.
Short
by figensco
1
ENJ sell TradeHere is My Study On ENJ Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Short
by MoonTradingForecast
📊#ENJ breaks out of triangle structure, goes to the moon?🧠ENJ has been running in this model for 1 year, and finally started to rebound after breaking the low point in 2022. Now we are near the first resistance level, and RSI has also appeared in an oversold state. I think we should not be too anxious, and should retreat to re-accumulate strength when we encounter the first resistance level, because we have consumed too much strength when we broke the triangle resistance line. 📉So I opened some short setups around the resistance looking for a short-term pullback let us see👀
Short
by wolf_king888
1
ENJUSDT ready for the breakout?ENJUSDT finds itself once more at a crucial juncture as it tests the significant weekly level at $0.23. This level holds substantial importance, as it has historically acted as a pivotal point that the market carefully scrutinizes. Traders are closely observing the price action, as it holds the potential to shape the pair's trajectory in the coming weeks. The current scenario hinges on the possibility of the price harnessing new liquidity from this critical level, potentially setting the stage for a decisive breakout beyond the $0.26 mark. According to the trading principles championed by Plancton, a prominent figure in the trading community, such a breakout would signal an opportune moment to initiate a new long position. Plancton's approach emphasizes the importance of liquidity and price confirmation. If the price manages to secure fresh liquidity from the $0.23 level and subsequently orchestrates a clear and convincing breach above the $0.26 range, it aligns with the rulebook set out by Plancton. This rule suggests that the conditions for a favorable long position have been met, potentially leading to a profitable venture for traders who adhere to this methodology. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
12
ENJ BULLS TO TAKE OVER!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. What's next on ENJ. Price is still around a strong support zone, where we are interested in new buy setups. Meanwhile, we need some confirmation for the bulls to take over again! And for the bulls to take over from a medium-term perspective we need a break above the first neckline which is a major swing high, then a movement higher would be expected to the next upper neckline. Then we need a break above the upper neckline for a full bullish reversal. Until that price is still around a strong support zone, where we will be looking for new bullish movement from a short-term perspective. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
ENJ on daily time frameThis currency, like other digital currencies, has experienced a very severe decline with the market collapse. In the daily time frame, the candles are moving in the form of a descending channel. Of course, the intensity of the decline has decreased compared to the previous wave, but this currency is undergoing erosion correction. As you can see in the picture, the midline of the descending channel is broken down, the supports of the 0.335 and 0.278 Fibonacci range and the support of the 33.42 range in Rsi have also been lost one after the other. Now the price is around the $0.227 range, which is one of the good Fibonacci supports, which is a strong support. But according to the downward trend, the downward channel and the loss of the midline of the channel, this support will probably be lost and the candles will reach the bottom of the channel in the range of 0.158 or 0.131 dollars. In this case, we can hope for growth if the candles break the ceiling of the channel and the downward trend line in Rsi is broken. If the upward trend is formed in such a way that the ceiling of the channel and the strong resistance range of 0.734 is broken up, or the downward trend accelerates in such a way that the bottom of the channel and the good support range of 0.11 is broken down, this analysis will also change. . Please share this analysis with your friends.
by NavidBasatzadeh