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ENJUSDT

ENJ/USDT towards a CUP pattern | Jump Net Launch. 1 DAY chart of ENJ/USDT is indicating to a cup pattern in upcoming days. ENJIN is launching JumpNet on April 6, JumpNet is a high-speed bridge network that will allow free, instant on-chain transactions of Enjin Coin and ERC-1155 tokens. Before this event, we may see consolidation and strong support between $1.7 to $2.05. After the event, there are high possibility to see Volume increase in ENJ. One more update is that after JumpNet, ENJ is going to launch Efinity. which is scheduled this year in 2021, Efinity is a decentralized blockchain for NFTs that will support next-generation token features and assets from any blockchain. So, ENJ is worth investing for long term. My prediction for this coin by July end to cross value of $7.
by Mr_Mainra
ENJUSDT | Accumulation Before Price Growth?Hello, traders! Let's consider ENJUSDT and ENJBTC price action analysis. The second one is very important too because we should know if the ENJ is going to outperform the Bitcoin or not. ENJUSDT ANALYSIS ENJ was in the strong uptrend and it is obvious that it needed the correction, but which level could be the bottom? We can see that the price now is forming the falling wedge. There was a clear rejection to break the upper band to the upside. Here are 2 possible scenarios now. 1.Green scenario. The price will drop to the support level ($2.15), form the double bottom and break the falling wedge to the upside. 2.Red scenario. The price will move inside the falling wedge till the it's end. In this case the S1 pivot level ($2.04) looks like the possible dip level. It is also have the probability that the price will break the wedge to the upside right now, but this trade is risky, we should wait for the safe entries to protect the money. ENJBTC ANALYSIS For the ENJBTC analysis we can see the almost similar price action. The price was in the uptrend and supported by the trendline, broke it to the downside, tried to re-enter and got the rejection. Now it is forming the downward trend channel which can be also estimated as the bullish flag. Bullish flag have the high probability to be broken tho the upside, but at which level we can finally see the support for this correction? 1.Green Scenario. The price will bounce off the previous dip support level and continue to move in the upward direction. 2.Red Scenario. It is the larger correction case. The price will find support at the weekly S1 pivot level and continue to move in the upward direction. SUMMARY It is risky now to execute the long position for ENJUSDT. We think that to protect the money we shoul wait for the safe entry levels. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
ENJUSDT AnalysHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: 2.2-2.15 target zone: first tartget 3.6,second 4.2 after first target reached move ur stop to breakeven stop: ~1.95 risk/reward 1 to ~7 Good luck Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. If i help you TO EARN SOME MONEY i will RLY VERYVERY appreciate for your donate. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions(PM to me).
Long
by trytofeelpositive
ENJ 12h Do you still have the strength to grow?Two months have passed since the publication of the previous idea of ​​ENJ And here's how it worked: As we expected, the absolute maximum of the ENJUSDT price in the region of $0.48 was not updated from the first try. There was a drop to $0.29, a consolidation and from the second time they were able to break through and gain a foothold above $0.48 And then we have uncorrected growth. A small consolidation was near the level of $1.25, which was the first target of profit fixing for us. Probably one of the main factors behind this growth was the fact that Enjin Coin is an NFT token. And NFT tokens are now trying to hype no worse than Defi projects almost like a year ago. Now the critical level is $2.90 Fixing the ENJUSD price above this level will open the way for another upward impulse to $4.00-4.10 If sellers are activated right now, then a sharp drop in price by -50% to $1.25 is possible. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
18
ENJ* Possible good long entry setupHi, Just another speculative setup, this time to ENJ, an NFT coin with some impressive gains YTD. Fundamentals: NFT's are chili hot this year (ENJ no1 MktCap); Stimis are in delivery and perhaps this is not the top yet for the markets. Trend: ENJ is the on a very bullish run, it as some retraces on the way up and the break up tends to be almost of the same size every time. For me it seems that its possible that we have an opportunity for a third inside bar pattern and a possible breakout and clean run higher with a nice risk reward ratio 3:1 (if the overall market supports). *not an financial advise, just an idea to share. Thanks
Long
by Traquino