ENJ
Enjin Coin Daily & Weekly AnalysisI did the weekly and daily analysis of Enjin Coin. I think the rising trend will continue, so I took a position in the 1.60 region for the targets I specified.
Those who wish can place orders in the $1.45 - $1.60 region, and those who wish can buy markets. Let everyone manage their own risk.
$1,780 can be considered as a profit buying point for short-term traders and those who want to open a long position.
However, I do spot purchases. I am considering placing split orders in the $2,192 - $2,645 zones.
Those who wish can take the main money in these regions and put a stop to the entry area to follow the continuation.
It is not investment advice. Those who want can evaluate it at their own decision.
BINANCE:ENJBTC
Basic Breakout On ENJENJ is clearly signaling a bullish pennant on the weekly chart. It is also nicely holding the 50W EMA for its history.
Looking for rising volume and a breakout of the pennant pattern to the upside, which looks to be around the 0.382 Fib level at approx $2.
The next Fibonacci targets above the ATH are $6, $9.20, $12.50 +
Enj"Play and earn" was The most enjoyable sentences that I did love to hear when I was younger.
Nowadays Game tokens are growing great like Axs, Gala and so more.
The technical chart is on a good form and much more important point is that the whales are accumulating ENJ faster than before.
I believe ENJ is the next one and it can raise at least to 14usdt in the next upcomming months.
ENJUSD Bullish Case (Weekly Timeframe)This is a very fascinating coin at the moment!
Price at the weekly uptrend support zone!
Even though (technically) the overall structure is bearish but we can ignore the presence of such a strong weekly support!
If the price bounces northwards then this might be a very good indication for bullish moves on ENJIN Coin!
ENJ/BTC MA Structure This formation of moving averages layered 50,100,200 is a great candidate for bullish action
This is shown in right slide, which is BTC's legendary run to 20K in 2017
Enjin on the left is showing the same MA state hinting at bullish potential
As its easier for price to move upward with MA's like this, the path of least resistance is taken
I am long ENJIN
ENJUSDT , what should we do now ?Hello guys
whats up ? everything is okey ?
We are faced with a complicated chart
The trend of chart is downward trend and in here we are encounter with the first support
when the trend is downward we should take short position but because of market that is bullish in few months later we should buy and hold and take long position in sensitive area
Futures traders should take short position if first break and pullback then take short until reach second resistance if you wanna take long position wait until the trend want to change and after that you can take long position
For holders : guys buy some of ENJ in every support area and hold it until the last resistance break then you can sell it
ENJ coin is one of the best coin in crypto ( its base for games )
Fundamental is important
dont forget stop loss
if you have any question ask me with send me mesaages
Good Luck
Abtin
An Eco-System Is BornI have been long awaiting the launch of Efinity
I can't attest to what will happen with price action in the short term, but long term ENJIN and its surrounding ecosystems are posed to take over the NFT and Gaming crypto space.
Do your own due diligence and research into what ENJIN is building here with launch of Efinity and Jumpnet.
Small piece of information pulled from the Efinity whitepaper:
"The Enjin JumpNet blockchain allows users to execute transactions for free. In order to offer this, JumpNet imposes a series of limits against each address on the network.
By holding EFI on JumpNet (referred to as "JEFI"), users will be able to increase their JumpNet transaction limits. For every 100 JEFI* a user holds on JumpNet, their limits will be doubled (up to designated limits)."
ENJIN chart linked below in related ideas.
As Always,
Good Luck And Safe Trading.
ENJ possible breakout!ENJ has been lagging behind when a lot of alt coins have had some massive gains recently. Now I think it could be ENJ’s turn to make a move.
You can see on the daily chart here that it is testing the neckline in an ascending triangle. If it can break the neckline the dashed lines would be areas of target prices. Hope this helps!
Happy trading!
-Orbit Corey
ENJIn the daily time frame, it has made a small ascending channel and it is oscillating
It has a resistance in the range of $ 1.65
In case of failure (due to the market atmosphere, it is likely to be broken) it will reach the specified limits in the short term
In case of temporary fall of the market, the best area to buy is the yellow box
ENJ coming out of the 50% zone with a buy stopENJ has been playing in the 50% zone for a while and now seems ready to go. Overall uptrend momentum in the H1 chart. Using fibs as always to identify entry and swap exit.
🔥 ENJ Going Up: New TargetsSince the lows during July, Enjin has been going straight up.
After confidently breaking the $2 resistance, ENJ has recently re-tested $2 and confirmed it as support. The area between $1.7 and $2 is currently the main area of support, I don't expect ENJ to get below this area anytime soon.
Current target is the $2.8 resistance, based at the local tops we had earlier this year. I'm expecting this target to be reached within the next month. In case of a major push, the main target is the current all-time-high at $3.4.
Happy trading!
Start your ENJIN!Enjin Coin broke up this triangle 📐 and I think ENJ can go to 2.37 and even higher. I'm already in. Ladies and gentlemen, the race just started! 🏎️🏁
ENTRY : local high @ 1.999
SL : local low @ 1.93
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 2.37
RRR : 5.4
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!