ENJUSD trade ideas
ENJ tapped the top of both ellipses - where next?ENJ price action being dictated largely by the Coinbase listing, and if history is any guide it will plummet post listing. I took a small position at 1.27 yesterday, and took some profits at the tops of the ellipses. Holding some for a potential run up to $4.40, and some I have a 5% trailing sell on.
ENJ correction pattern formingHello traders,
ENJ broke old ATH and is forming corrective pattern to shoot again higher. Old ATH can become new support. Stay carefull and might the pips be with you!
BullRobin
Microsoft further supporting ENJIf anyone has been following the news, Enj was implemented into one of the most popular games, Minecraft. Further fueling the potential of this coin.
Looking for some feedback from the community on this chart, does the target of about $4.72 seem reasonable and the possible formation of a new channel?
Totally not a financial advisor.
Can't post an article from coindesk about MS + Enj. SMH
ENJ - Well Oiled Enjin - In a Pit Stop before Taking off!Hello Traders,
Take a look at the accumulation happening on Enjin.
It's been holding and hovering the 50 EMA/ 4HR since March 26th, slowly climbing.
NFT's have taken a short breather but over the next 30-days, we should see another strong climb to the upside, presenting some serious potential with any of the bugger NFT projects you can buy into.
ENJ is giving us a good chance to DCA some of our purchase orders in. If you can buy-in from the current price down to $2.33, you should be good to hold for the next couple of weeks to realize gains.
Good luck!
ENJIN: BULLS LOOKING STRONGExpect to break diag and horiz resistances then retest horiz res after breaking diag res before shooting to chase ATH
ENJ-USD Binance Using Elliot Wave Theory and Basic Trend Lines to establish a basic forecast for ENJ.
Crypto Market & ENJUSD Technical Analysis & Predictions 3/23/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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$ENJ smudge more redAs eager as we are to get back to the pure sugary ride to ATH, we unfortunately have to pucker up and put up with the sourness of a bears for a little bit more. Looking at the RSI we continue to have lower lows and no sign of bullish divergence to signal trend reversal. I do think it is possible for us to hit as low $1.75, especially due to the market conditions with ETH/BTC are really testing their support lines.
'Would love to read your discussions.
ENJUSD - Short Term Downtrend - Hoping for bounce higherI hold ENJUSD and would like to see it head up. It has to meet a few criteria to get there - see chart.
ENJ Exiting Lower Bounds of Price ChannelEnjin Coin has fallen out of the lower bounds of a price channel going back to March 1, 2021.
ENJUSD Symmetrical triangle nearing completion on 4HENJ USD looks very similar to many other crypto pairs right now, with a large symmetrical triangle forming on the 4H chart that's nearing completion. Looking for confirmation of direction on the move sometime in the next 24-48 hours.
Volume is declining and is very low right now, so a high volume breakout indicates a large move measured by the impulse from the bottom to the top of the triangle.
Bullish breakpoint looks to be around $2.62-$2.66, with a first target of $3.18, and a secondary target of $3.78
Bearish breakpoint will look for a 23-47% correction to the downside.
ENJUSD - Look for Upside Trend after a retraceFollowing ENJUSD hoping that it gets some momentum to break UP. It may take a quick u-turn down and test support before
making a stronger bullish uptick.
