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ENJUSDT

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
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
ENJ ANALYSIS🔮 #ENJ Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #ENJ and trying to retests the level. It's a weekly breakout and we can see more higher price in long-term. 📈📈 💸Current Price -- $0.2780 📈Target Price -- $0.4885 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #ENJ #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
ENJUSDT - W1\D1ENJUSDT The price was able to break through W1 - the trend line. The best option for considering purchases is to wait for the trend level to be fixed; a more convincing option for purchases would be a retest of this level of 0.2390. If the price is not fixed behind the trend line, you can expect the price to move down to the level of 0.2040 - from which you can expect a rebound and consider buying. What can you expect? If successful fixation behind the trend line, you can consider entering from the nearest levels of 0.2390 with a small risk on the idea with a target of 0.3670 It is better not to take increased risks; a correction is being traded. Cancellation of the idea when the low of the 2nd wave is broken. If the price does not consolidate, then wait for the entry point at the level of 0.2040 and below. Long Targets 0.2860 - 0.3025 - 0.3360 - 0.3670
Long
by Trade_Hive_Signals
ENJ/USDT bullish horizon? 👀 🚀 ENJ Today analysis💎 Paradisers, direct your attention to ENJUSDT as it showcases a captivating trajectory within the demand zone, suggesting a heightened likelihood of an upward trend. 💎 ENJ is consistently demonstrating robust momentum above the em100, further bolstering its potential for an upward journey. A notable resistance awaits at the supply level of .2410. 💎 Surpassing this threshold amplifies the probability of challenging a more formidable resistance. However, if the market presents a significant rejection and the price doesn't surpass the previous high, there's a chance for a bullish continuation from the current demand level. 💎 A breach below this demand zone could tilt the balance towards a more pronounced downward trajectory.
Long
by MyCryptoParadise_Simon
1
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
The possibility of falling to the bottom of the channel for ENJIn the daily time, this currency is in a sideways trend, but in the 4-hour time, it is in a falling trend. An important range for the support of this currency is the neck line, and if this range is broken, there is a possibility of falling to the bottom of the trends. In the best case, this currency will grow up to the previous peak and after that there is a possibility of falling, although it is too early to say this. Follow us on TradingView
Short
by karaco2022
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
📊#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
Enjin Coin next move? ?👀 🚀ENJ Today Analysis💎 ENJ/USDT is making fascinating strides as we observe a fair value gap and an upward imbalance, indicating potential bullish momentum. 💎 A retest of the trendline has been completed. If the price breaks this trendline, we could see a downward shift of approximately -12%. 💎 Currently, the price is forming an overlapping structure, and the RSI is indicating upward momentum this presents a promising trading opportunity 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon