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ENJUSD trade ideas

Enj Up!! Opportunity?🔮 Technical Analysis: Enjin Coin (ENJ/USD) 🦘🚀 📉 Enjin Coin looks like a nervous kangaroo 🦘: 👉 It bounced strongly after hitting the floor, but the Bollinger Bands are squeezing it like an uncomfortable hug 🤏. 🔥 Rare Patterns 1️⃣ "The Hero’s Hammer" 🛠️: A candle with a long shadow appeared near support. 📈 Meaning: An epic bullish reversal may be coming. 2️⃣ "The Kangaroo Jump" 🦘: After hitting the floor, the price took a leap. 🔄 Watch out: It’s unclear if it will fall again or keep jumping. ⚙️ Indicators 🌀 Bollinger Bands: The price is breaking free from the squeeze. 🛑 Warning: It could be a false breakout. 🔮 MACD: The bulls 🐂 are making a comeback, but the bears 🐻 haven’t given up yet. 🎭 Possible Scenarios 🚀 If it breaks $0.40: Get ready for a direct flight to the moon 🌕. ⚠️ If it drops below $0.30: It’s a warning that the bears are taking control. 💡 What to Do? Buy if you enjoy the thrill 🎢. Wait if you’d rather not gamble. Remember: The market is unforgiving, and that’s why I bought. 💯
BITSTAMP:ENJUSDLong
by Etoro_Rodri16_invest
The rise of Bitcoin will be the rise of $ENJ and $EFI Let me tell you why I will only give you ten reason why Gamification (not p2e) is the new narrative next year, it will foreshadow something that is big for 2025 to make a great comeback for p2e games. 1. Gaming is a $200B+ industry primed for NFT and blockchain disruption enabling true ownership of in-game assets. 2. High demand for using real-world IP from global brands like Star Trek, Formula 1, and gaming IPs in tokenization efforts as RWAs. 3. Recent ruling that NFTs can represent legal ownership brings regulatory clarity for blockchain assets backed by real assets. 4. Next billion crypto users more likely to first access web3 through gamified experiences vs trading/DeFi products initially. 5. Value accrual to decentralized gaming platforms and token incentives rather than centralized game publishers alone unlocks new growth. 6. Combining decentralization benefits with existing fun gaming experiences and communities supercharges adoption. 7. Success of trailblazers like Axie Infinity demonstrates blockchain gamification viability. 8. Facebook rebranding to Meta signals wider market realization of token metaverses and blockchain games as the future. 9. Enjin simplifies game asset creation across 50+ chains while handling complex token economics and distribution. 10. Over $100B in NFT trade volume last year shows exponential increase; gaming and gamified NFTs poised to grab market share. Now this is my short thesis for Enjin and EFI token. 1. Next-gen Enjin Wallet integrates Efinity and Polkadot parachains to enable advanced NFT support. 2. JumpNet launch provides free, eco-friendly blockchain custom-built for NFTs, removing gas fees barrier. 3. Multiple collaborations continue with brands like McLaren Racing introducing NFT fan engagement within games. 4. Growing ecosystem of projects leveraging Enjin for tokenized gaming assets and experiences. ***I supposedly not post this publicly but I will give it for free, it should be for my community only but here you go.*** FEAST my brothers and sisters.
CRYPTO:ENJUSDLong
by osodatsismoso
3
350% Gain on ENJUSD?It could be a new beginnings in the next few days and weeks for many Alts that DON'T ride the coat tails on the strength of BTC. Take ENJUSD and ZILBTC example on the weekly. Whales have already moved in for the Krill. We can see in the past where price had trouble breaking before it went ballistic, now we see price approaching into the same area on strength well above to RSI 50 level. It has attempted to break the 0.68 price marker once before but failed. If we can get clear of this resistance we have entered the buy zone and hopefully we can get on the express bus for the ride of our lives..... Destination moon.
BINANCE:ENJUSDLong
by Jeshua1212
2
Correction in progress but soon very interesting...Enjin is a software that gives developers the ability to create and manage virtual goods on the Ethereum blockchain. The idea is that by using blockchain technology to manage in-game items across many different properties, Enjin can help reduce the high fees and fraud that have plagued the transfer of virtual in-game goods and collectables. Toward that goal, Enjin has released software development kits (SDKs) allowing users to both create digital assets on Ethereum and integrate them into games and apps. Each minted asset is customizable to fit the desired platform and recorded in a smart contract, giving the items the advantages of cryptocurrency, namely speed, cost and security. Central to managing the digital assets on its platform is ENJ, Enjin’s cryptocurrency, and each in-game item created on Enjin is assigned a value in ENJ. @threads #love #ınstagood #art #elliottwave #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest
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by EndlessCode
ENJUSD +20% profit potential on this buy opportunityEnjin Coin (ENJUSD) broke last week above the top (Lower Highs trend-line) of the Descending Triangle pattern that has been in effect throughout the whole year. This is a major bullish break-out signal and despite the rejection on the 1D MA50 (blue trend-line), the price action being similar to the June fractal, provides a strong short-term buy opportunity. Even on 1D RSI terms, the fractals are identical and it appears we are at the stage of the final leg up as this pull-back is completed. This gives a profit potential of +20% and as a result, our short-term target is 0.30000. ENJ can turn bullish on the long-term only if a weekly candle closes above the 1W MA50 (red trend-line), which has been the long-term cyclical Resistance since February 2022 and is currently about to test Resistance Zone 1 and the 0.382 Fibonacci level. If we get this closing above it, we will buy again and target 0.43000 (Fibonacci 0.618). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ENJUSDLong
by TradingShot
3
ENJ - More downside expected We've successfully reached the initial target I previously mentioned (100% extension at 0.264), but an important observation is the lack of RSI divergence. This suggests the likelihood of experiencing another downward movement. I'm considering the possibility that wave 4 might still be in progress. However, it's important to note that my analysis remains unchanged as long as we maintain a position below wave 1, as indicated by the purple line at 0.4086.
BINANCE:ENJUSDShort
by Stoic-Trader
✴️ Enjin Coin 7X Lev. | 790% Potential (Adults Only)We already have a leveraged trade for Enjin Coin, is active, valid and already in the green... This trade I shared a while back and consolidation has been taking a while. It is getting closer to the big move, the bullish breakout, so I thought that a reminder would be nice, great timing. The targets can be seen on the chart. You can define your own risk, levels, etc. Leveraged trading is for experienced traders only. Caution. ✔️ 0.567 That's 77.7% by 7X = 544%. ✔️ 0.678 That's 113% by 7X = 790%. These numbers are for illustration purposes only. Make sure to contact a professional before trading. I am not a financial advisor. I read charts... This information should not be construed as financial advice instead, it can be used for learning and/or entertainment purposes. Notice that I explain my methods, the signals that I use and how it all works for your own growth and learning. Thanks a lot for your continued support. I am wishing you the best now and always. The market rewards those who wait. The market rewards those who support the market. The market takes away from those who lack decency and patience... Plan ahead. Be wise, learn from your mistakes. Namaste.
CRYPTO:ENJUSDLong
by AlanSantana