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Enjin Coin / TetherUS

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ENJUSDT trade ideas

ENJIN COIN WARMING UP ITS ENGINESGood morning all We will be looking at the ENJ/USDT pair this time around Lets begin! In our previious analysis we pointed out regions where price could bottom out for enjin coin, as shown below; Price is trading at that level currently and we have ourselves a Regular flat correction in play judging by the price action. In theory a regular flat has it's C wave to be 61.8%, 100%, or 123.6% of wave AB. So far we have a 100% retracement leaving us with our worst case scenario zone aligned with the 123.6% fib support level. That said, this is a very good buying opportunity (don't take my word for it) Our targets for the 5th wave fall within the $12-$15 dollar range depending on where the bottom will be. Past analysis linked below PLEASE APPLY PROPER RISK MANAGEMENT! If you agree with the idea, pls like, share, and comment your thoughts below. As always, feedback is appreciated!
Long
by RektMyMom
8
ENJUSDT wants another breakout?After the previous idea where we made more than 24%, the price had a breakout from the weekly support on 1.17$. at the moment the price is in the consolidation phase below the resistance and wants to retest the lower trendline of the falling wedge. How to approach? The price could create a new bear flag between the previous support now new resistance and the dynamic resistance, so, if the price is going to have a breakout from that structure, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
2
WHERE IS THE BOTTOM FOR ENJ? - ENJIN COIN ANALYSISIn our last enj analysis we talked about how price needed to reach at least the 61.8 retracement level of correction wave B as shown below Now that we have reached and bounced from the 61.8 level, what comes next? It appears our currect wave C has created a falling wedge pattern, which could soon be confirmed as a Running flat pattern 3-3-5 correction if we get another leg down. Levels to watch out for buying are the 76.4, 85.4 & 90.0 fib regions. Have some orders at the 100% retracement level too(0.735) but i'm doubtfull of it. Global View: Should the above scenario play out, We will have ourselves targets ranging from $10-25 1st Target- Previous ATH 2nd Target- $10-13(1.382) 3rd Target- $17-25 (1.5-1.618) If you agree, pls like and share your thoughts in the comments. Always manage your risks.
Long
by RektMyMom
4
ENJUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ENJUSDT The price had more decline when it lost its support line. Now it is moving toward the first support line. In fact, we must wait and see what happens. Either it will move upward to the first resistance line in case it is supported, or it will have more fall. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
by MarsSignals
The BUY is OVER!!The Recent BTC pump as always had a strong effect on Altcoins. Enjin being the Alt I trade at the moment saw a move to a 4HR supply after a brief sell. And Also with BTC trading at a Supply zone I believe we are in for a sell to correct the imbalances and Liquidity lying below. ✅Potential Supply Zone ✅Failed Reaction ✅Bearish Change of Character Formed on 15M ✅Imbalances and Liquidity below to be cleared Apply RM ✅SL=(-1%) ✅TP=(6.74%) RISK🟡 Leave a like and also share your ideas
Short
by SpellzcfiMedia
1
ENJUSDT Attaractive chart.I spent a fair amount of time walking through airports on Saturday, and almost every single advertisement I saw was about cryptocurrencies. I’m serious. Grayscale this and Gemini that. I was reminded, naturally, of the year 2000, and all the Super Bowl ads for dot-com companies that would be bankrupt within a year. It’s the same now. Yesterday was supposed to be the “crypto bowl“, with all the fat-with-cash worthless firms pushing their crap on people, and I suspect most of them will be destroyed in due time. As I look at the alt-coin charts for ALGO, ATOM, CRV, ENJ, FIL, LINK, SNX, and SOL, all I can say is………….this entire space is going to be battered for a long time.
by ariandvrn
ENJUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 2.1 - 2.4 - 2.9 after first target reached move ur stop to breakeven Stop: 1.3 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
1
ENJUSDT is creating a dalling wedgeThe price is testing the daily support on 1.3 inside a falling wedge after a rejection from the 4h resistance. Daily support is a key level. On the bigger picture, we can spot a demand zone above the weekly support on 1.176$ How to approach? the price could have a pullback until the previous 4h support now resistance on the dynamic resistance as well. If the price is going to have a rejection, we could see a new bearish impulse until the weekly support. The scenario is going to invalidate if the price is going to have a clear breakout above 1.4 ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
2
Enjin (ENJ) Buy ZoneEnjin (ENJ) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium Once again following risky our market condition, Enjin has retested to mid-term support of $1.3 zone before heading once again above our most important mid term level. -------------------- $ENJ/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 1.295 - 1.265 TP 1 : 1.32 TP 2 : 1.36 TP 3 : 1.39 TP 4 : 1.415 TP 5 : 1.45 TP 6 : 1.49 TP 7 : 1.54 TP 8 : 1.61 Stop Loss : 1.24 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
ENJ - This horse is no more🚧- BTC is bearish - Trend is bearish - Level is clearly visible - 4th touch - Level is 50 days old and historical - Under VWAP - Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster. What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel