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ENJUSD trade ideas

✴️ ENJ Trade Signal (7X)I initial shared this one 23-June but the chart setup, which is the important part, is just as good today... Just that the wait would be shorter. Enjin Coin (ENJUSD) | We have all the classic bullish signals: - The RSI bullish even though prices are really low. - Trading above EMA10 with a full green candle. - The 1,2,3,4 Steps Pattern - And the long-term higher low. We are active on this one with 7X. Good luck. Good profits... Now & always, keep this in mind... You deserve the best! Namaste.
DYDX:ENJUSD.PLong
by AlanSantana
1
✴️ Enjin Coin | Also Set To Recover (7X Lev. Today)Let's look at it differently for Enjin Coin. We have the same lower low vs higher low situation described in previous trade ideas; The candle wick, June '23 vs Dec '22, ended in a lower low while the candle closure is higher. And we made sure to mention that the candle closure, the daily/session close, is more important/relevant than the candle wick. Since we have both, a lower low and a higher low, the higher low is more important. The candle/session close is marked with the dashed line. The candle/session high/low is marked with a full line, this is true on all my trade ideas. But we will look at ENJUSD differently. Notice January 2023, ENJUSD moved above EMA10/21 and a bullish wave followed, we are in the same situation today. After a very strong correction ENJUSD is back above these two levels, EMA10/21 and we can expect another bullish wave. Spoiler alert, I've opened a trade with leverage on this signal... I believe it will grow. Thank you for reading. Namaste.
CRYPTO:ENJUSDLong
by AlanSantana
7
ENJUSD hit the 1W MA50 after 1 year! Eyeing 1.0500.ENJIN (ENJUSD) is having a major bullish break-out today as not only did it break above the 1D MA50 (blue trend-line) for the first time in more than a month but also hit the 1W MA50 (red trend-line) for the first time in a year (since April 02 2022). The chart on the right displays ENJ during its 2018/2019 Cycle and even though we need strong fundamentals to back such a strong and quick rally to the 0.786 Fibonacci level, a closing above the 1W MA50 now may be enough to initiate a steady rally to the 0.5 Fibonacci level, which is a little over 1.0500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:ENJUSDLong
by TradingShot
2
ENJUSD 1st step made towards $1.50. 1D MA200 broken.Enjin (ENJUSD) broke today above its 1D MA200 (orange trend-line) for the first time since February 09 2022. Even though that is technically a major bullish break-out, the price is still inside a Channel Down pattern that started on the June low. We ideally want to see a closing above that Channel to call for the new Bull Cycle and the reason can be found back in 2018. As the chart on the right shows, ENJ also marginally broke above the 1D MA200 on December 22 2018 after a multi-month period but as it didn't close above it, it failed and got rejected to one last (Higher) Low before the next leg delivered the first rally of the Bull Cycle, a rally that peaked at an incredible 0.786 Fibonacci level (just below). Interestingly enough, the current levels of the 1D RSI are similar to that of February 26 2019 but the price is nowhere near the 1W MA50 (red trend-line). As a result, this time perhaps we should be suited for a less aggressive 1st Bull Cycle rally, technically more natural. The Golden Fibonacci Ratio of 0.618 is at $1.50 and that is our target for this year. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:ENJUSDLong
by TradingShot
1
ENJIN Coin Short term Correction ! As for now we have an opportunity of a buy trade since previous resistance has turned into support. However, we need a retest to the newest support to confirm the buying bias otherwise stay out of the trade but I think a short term correction with upwards momentum could be possible in the short term. Noticed we are in the oversold condition too and to add even more confluence it's a level of support that's been proven previously several time to push price higher + trendline area. Still could be broken so wait for a retest to enter in the breakout.
BINANCE:ENJUSDLong
by KinaStar