ENJUSD trade ideas
ENJ-Trade Reminder...LongStart your Engine and let's go....
Bullish and heading for TP1
30 days forecast = TP1
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ENJ 1-31-22moment of truth to see how strong the buyers are in control. possible breakout and retest of trend support.
ENJ Long..Trade Reminder30 days Forecast = TP1
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#Enjin Coin #ENJ weekly close and following week very importantEnjin Coin (ENJ) weekly close and following week very important.
There is a good chance to let the MA-Ribbon breakout be fakeout.
RSI needs to come back above the new resistance (old support). OBV still looks stable.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Enjin at important trendline!Enjin usually gets buying pressure at this legacy trendline. High chances of a big jump in my opinion!
ENJUSD is pricing a bottom. $20 long-term target.Enjin is trading below the 1D MA50 (blue trend-line) but is within a long-term Fibonacci Channel since March 2020 market sell-off. Based on the 1D Ichimoku Cloud and the LMACD, the current price is roughly at the same stage it was in late October 2020. I have a long-term target at +$20.00.
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ENJ, breaking the trend line.The following content is machine translation:
The pattern has bottomed out many times, and all of them have been supported and rebounded.
The rebound is currently breaking above the downtrend line.
The indicator macd deviates from the bottom, about to be a golden fork.
Bullish, target around 3.5.
ENJ/USD 4hr GannEnjin measured move is 3000% based on wave 1. Its finding support above bearish point of control on VPVR BINANCE:ENJUSD . Resistance looks thin to me. What do you think?
ENJ - LONGENJ is going to make an all-time high in 2022......Buy on 18th Jan 2022.
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ENJUSD . Is it time to restart Enjines ?Things have been a bit subdued in the crypto market of late. Macro trend is still Bullish although bears are finding some honey on BTC. It's possible we might see another wave down on BTC if you were on a 1 hour chart you might see it but if on a daily or weekly it will be just a blip on the radar. On the 4 hour chart price is sitting nicely on the 200 ema.
After ENJ first pump, I can see an ABC corrective wave right into our golden zone pocket. It my be wise to wait for a break of the upper trendline or calculate a small initial around this zone . BINANCE:ENJUSD
Will ENJIN Continue UP like this? An idea for ENJUSD,
A parabolic curve can be drawn from each bottom point
Perhaps this will be a larger curved trend that will hodl in the medium term (yellow)
Blue line is what I expect of this indicator if price does increase
Basic Idea 3d (Jan 2022)Enjin /USD rate (January 2022)
Haven't published a chart for Enjin, this is what I had come up with and have been watching for since about December 15th 2021. Sorry for the lack of detail, I definitely plan to come back to this one later.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Basic Idea 1D (Jan 2022)Enjin /USD rate (January 2022)
Haven't published a chart for Enjin, this is what I had come up with and have been watching for since about December 15th 2021. Sorry for the lack of detail, I definitely plan to come back to this one later.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Basic Idea 4h (Jan 2022)Enjin /USD rate (January 2022)
Haven't published a chart for Enjin, this is what I had come up with and have been watching for since about December 15th 2021. Sorry for the lack of detail, I definitely plan to come back to this one later.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Enjin Rejected Mid-Channel$ENJ is a great project with a bright future in the #NFT & #Metaverse space.
Short-term price movement likely to see bearish movement to $2.30 with chance of continuation to the bottom of the channel... likely candlewick to around $1.75 before reversing trend.
ENJ 1h longSetup: 1 hr higher highs and lows, just breakout, macd positve, 4h macd just crossover
Entry: Market at 3.26975
SL: 1 ATR below 50 MA at 2.842
TP: 3.89
REGAINING 75-125% BY APRIL 2022 uptrend seems to be going another 20 or so bars to 3.40 mid January.
90 bars $4.50 or even 5 atleast,ny end of February.
300th bar we will see past $4.00- $6.20
$5.40 BEFORE ANOTHER 5X before 2023 :D
<TradeVSA> ENJ Bullish Signal is Back !Sign of Strength in the chart:
1. 1. Strong markup in the background
2. Price back to 20/40ma with Green Pentagon
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Bullish engulfingThe chart of ENJ is showing a bullish engulfing. This is clearly the end of the downtrend so we take a long position with a stoploss below the yellow line.
Please move your stoploss with the trend on daily basis.
Do not get it twisted, this is a Bear Market RallyWe are indeed in the early phases of a bear market as higher level (weekly/monthly) timeframes on most cryptos have only recently entered bear market territory. I'm confident that we are poised for a large pop, which will be technically classified as a bear market rally. My sell target is around $3.60 on ENJ and I estimate this level to be achieved by early/mid January which corresponds with other crypto currency levels too, with the wedge pattern showing up on many other cryptos and even RIOT (one of the two major mining stocks, like Mara). I will go short with put options on Mara and Riot in January, latest February is my projection..
