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ENJ

ENJIN- There is no emotion in TradingI am a bit sentimental, when it comes to projects I like and believe in but at the end of the day trading is just chart to me. ENJIN's inability to break higher back into the channel was an opportunity to go short and I did. At this chart you get to see the most likely scenario as well as the worst case scenario.. You also get to see the 'good' scenarion in which the price just gets back into the ascending channel and rises higher. Unfortunately at this very moment that third/good scenario is the less likely one. Again, most likely the 0,462 is a good entry for a new Long. Thus this idea goes as Bullish . Unfortunately, that little Push Higher never came: It will happen eventually so patience now and remmeber to short something even if you really like not to. One Love, the FXPROFESSOR
Long
by FX_Professor
6
🕹️ ENJIN -Just a little push = Breakout 🍊Potential Breakout here but still under resistance (previous channel). A lift over 0.585 could result in a significant rise to 70 and 83 cents. Enjin coin(ENJ) Enjin coin(ENJ) is the utility token of the Enjin Platform. You may ask, “what is Enjin?”. Enjin is a platform that allows the creation and purchase of non-fungible tokens(NFTs) that can be used in games. On Enjin, tools are readily available to enable the easy creation of NFTs for purchase and sale. With its unique offerings, it has supported 250,000 gaming communities and handled 20 million users. Some of the tools available on Enjin include Beam, Efinity, Wallet, Multiple SDKs, and wallet. All of these tools support the fast trade of NFTs. To carry out transactions on the platform, developers and buyers use the Enjin coin(ENJ) to access these tools. The token also has a deflationary supply, so the more its usage, the rarer it becomes. Hence, increasing in value. Not sure if the timing is right but it could be one of those classic breakouts we had before: One Love, The FXPROFESSOR
Long
by FX_Professor
Enjin Coin ENJ bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. Enjin Coin ENJ has a negative overall sentiment recently. I have the following price targets: ENJ/USDT short Entry Range: $0.49 - 0.56 Take Profit 1: $0.45 Take Profit 2: $0.38 Take Profit 3: $0.29 Stop Loss: $0.63
Short
by BuySellMarketMaker
ENJ Scalp - Very easy long😏ENj is awesome candidate for long since: ⭐️ BTC bullish ⭐️ Domination looks bearish ⭐️ We have 5 days of accumulation ⭐️ Spread is getting lower ⭐️ 4th approach ⭐️ Volume increases at top ⭐️ 50 ATR ⭐️ Over VWAP Will enter when price slowly squeezes to the levelon 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
Long
by Artem_Dishel
1
ENJIN - Updated ChartHi everyone, Professor here and time for announcements: I have decided to take it easier with charts for the next period and focus on education. In my time here at Tradingview I have met a lot of (mostly) nice people striving to 'find out' what will happen next and how they can trade and make money. 💭 Allow me to say that the vast majority (90%+) fail to do anything good with the information they receive here: - People don't realize that analysis (either Technical or any other kind ) and predicting 'what will happen next' is just not enough. Ever. - I would say that Prognosis (right word for what you think is Analysis) is less than 20% of the success - People don't know How to trade . (So why even look at charts? It won't help you much) - Even traders with experience and knowledge..it's what they want them to know thus they struggle too - The understanding of Trading that the average Trader gets from what's online is just WRONG - Not knowing is fine. 'Knowing'' something that is fundamentally wrong is Bad news (exactly the case with some here) - People do not know how to MANAGE their positions. That's number 1 issue - They (and probably YOU) don't know how to manage yourselves, your emotions, your budgets or the market. That's the main issue. 👉 So why keep posting charts so often when the problem is something different? There are TONS of material out there but I have seen nothing that meets my criteria and can actually help new traders in a simple, understandable, structured way that can work. 💡 So i decided to take some time off and create exactly that: An easy to understand Method that works for beginners. Look for it in September. I will be Back, The FXPROFESSOR
Long
by FX_Professor
1
🕹️ ENJIN - Potential Breakout 🍊Market becoming Bullish early this week as you have been informed: I think this time is ok to FOMO: US printing money to fight inflation.. take a wild guess what that can do to Bitcoin (🚀🚀🚀🚀). BTC Technical analysis: Still in ascending channel . The Top (resistance) is just below 25k . I see 70% chances of breaking over the channel and off to 28k Resistance (our first target as given few weeks ago). Watch the video and take a look at THIS: After the Falls we naturally get a lake I think it ended up being Perfect. One Love, The FXPROFESSOR
Long
by FX_Professor
1
ENJ at top of range and hitting resistance; Bearish?It may depend heavily on how BTC performs, but im feeling pretty bearish on ENJ as it stands. As the title states, ENJ rejected off the resistance almost perfectly while simultaneously reaching the top of its range; on the dot, i might add. Personally im looking for short entries on ENJ. But as always.. time will tell. If this continues to sit sideways and isnt able to create a higher high, i expect it will fall back down to the bottom of its range before making progress upwards.
EShort
by AomoriAkuma
7
ENJIN - Failure to Break over 70 cents = UncertaintyENJIN is one of my favorite ALTS and i do have high expectations. At the same time, failure to rise and test the key 74 cents Resistance brings worries. Price is in an ascending channel, similar to Bitcoin's The 49 (technical) - 50 cents (psychological) Support is strong but we do live in very uncertain times. Thus the 31 cents scenario is not to be crossed out completely; not yet. Structure is still bullish and hopefully this is just a small correction of the rebound. Breaking over the 74 cents would be a huge technical breakout for ENJIN and it could be possible this week but let's be prepared for everything. One Love, the FXPROFESSOR
by FX_Professor
1
Do you consider this chart bullish?Triangles are continuation patterns but ascending triangles acts very very often as reversal patterns. I've been eyen XTZ for days now but considering on how the daily it's shaping up I'm not sure I should long this so I'm waiting. Even because BTC is losing momentum and this relief really might be over as well. I bumped in many other patterns similar to this such as SAND and ENJ but at lower timeframes which might have effects on the daily (4h) they all have RSI in oversold zone so I'm very undecided. I think I'd pick ENJ if I had to choose one right now. In general SAND and ENJ present a rise in volume at the the possible breakout while XTZ misses that. This is a genuine question, what do you think people?
by Shotokhan
3
ENJIN- Chart of the DayPotential Breakout and looking to repeat the success we have had recently with : Matic: (look how many good entries we posted before the Pump) Fantom: (picked today's winner at a perfect entry again) AAVE: It's the way my trading is designed, always hedged, always looking for breakouts and always monitoring the developments in the market..... oh, and always taking some profit before it reverses while keeping some of the position open in case of further rise. One Love, the FXPROFESSOR
Long
by FX_Professor
7