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Enjin

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
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
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
✴️ Enjin Coin Highest Volume Since Mid-2021 | Bull-MarketYesterday's session produced the highest daily volume since April 2021. Every time we see a massive increase in purchase volume this precedes a bull market. This is no surprise, after the bottom is hit, the only place left to go is up. The bottom was hit December 2022 for this and many other Altcoins, so the path is clear for growth. Notice back in 2021 the massive increase in volume... Volume flat through late 2020 and then a sudden jump preceding a bull market. The same is happening now. Volume completely flat through late 2022 and a sudden jump happens yesterday... There is potential for so much growth. Namaste.
Long
by AlanSantana
2
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 ENJ price moves along its routeWhile most cryptocurrencies are thinking: "to fall or not to fall", against the background of yesterday's statement by the US Department of Justice, ENJ buyers decided that this is a great moment to pump the price up by at least +20-30%) The entire speech of the US Department of Justice can be summarized in one thesis: "although crypto is still poorly regulated, any cybercrime, such as darknet trading, money laundering to circumvent sanctions, or any other offshore manipulations using the anonymity of blockchains - "will not pass". The United States and its partners in Europe and worldwide are watching this." Back to the Enjin Coin price: As we have already drawn on the chart, the ENJUSDT price has entered the resistance zone, where we believe, that the number of sale orders will be increased. Therefore, we assume that the price will not be able to gain a consolidation above $0.40-0.50 from the first time, and a price pullback to the $0.30 area is possible. However, in the medium term, the growth of the ENJUSD price to the range of $0.71-0.91 is more than realistic _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
40
ENJUSDT 1DENJ appears to have bottomed at 0.2424 where it touched and quickly returned to the middle of the Keltner channel. At this exact moment it is at the lower edge of the channel, being able to visit the one at the edge of the triangular wedge at 0.2516. The biggest possibility is that it will go back to the channel's median to meet the MM200 at 0.2743. Remember that the asset always seeks the MM200. Enjin Coin (ENJ) is an ERC-20 token built on the Ethereum blockchain. It is designed to be an in-game currency to buy in-game items. It also adds value to game features. Here are the supports and resistances: S: 0.2564 / 0.2529 / 0.2424 R: 0.2608 / 0.2666 / 0.0.2743
by ferulianov
2
🕹️ ENJIN -NOT CLEAR YET 🍊ENJIN is a project I am emotionally attached to. Then again it's great that the chart saves me from some emotional mistakes: Chart demanded short positions here: Chart demanded more short positions here and an unhappy face here: AT this stage, ENJIN has NOT Broken higher yet but chances are increasing My Trigger (alert and Buy orders) ar at 0,319 with a stop loss at 0.298 I think that very soon it could be time to feel that 'Start your ENJIN' excitement. One Love, The FXPROFESSOR
Long
by FX_Professor
7