ENJUSDTENJ ~ 1W #ENJ If you have Conviction on this Coin,. This is the right time to make purchases in stages.Longby CryptoNuclear113
ENJUSDTENJ ~ 1W #ENJ If you have Conviction on this Coin,. This is the right time to make purchases in stages.Longby CryptoNuclear6
DreamAnalysis | Key Triggers for ENJ Futures and Spot Trading✨ Welcome to today’s analysis! In this session, I will analyze Enjin Coin (ENJ) and review its key triggers in both futures and spot markets. The entire crypto market is currently in a significant zone, and how the price reacts here could set the direction for the coming months. 🧩 About ENJ and Its Role in Crypto Gaming If you’ve been involved in crypto gaming, you’ve likely heard of ENJ (Enjin Coin), but you might not know exactly what role it plays. Every game is built using a game engine, such as Frostbite or Unreal Engine, used in major games. However, these engines are complex and expensive, which makes them impractical for crypto projects. ✨ Enjin Coin provides a simpler, blockchain-specific game engine, which is why it has become one of the top projects in this space. It has even partnered with notable names like CoinMarketCap, Binance, and Atari. 🔍 Now that we know what Enjin Coin brings to the crypto space, let’s dive into the chart and explore important triggers. The analysis is conducted in the daily and 4-hour timeframes. 📅 Daily Timeframe Analysis On the daily chart, ENJ has been in a downtrend from its $0.6556 high, falling to the $0.13 support level. It has since entered a range-bound phase, moving between $0.13 and $0.1778 for the past two months. A confirmation of an uptrend could be seen if the price stabilizes above $0.1778, with RSI needing to break through 59.61 and market buying volume increasing to confirm bullish momentum. 📈 If the price breaks through $0.1778 or $0.2054, it would be a good opportunity for spot buying. Targets for this move would be $0.2645, $0.4098, and $0.6556. 📉 On the downside, if $0.13 support breaks (likely coinciding with RSI falling below 42.48), it’s advisable to activate stop-losses if you already hold ENJ. The next support below would be at $0.0921. ⏳ 4-Hour Timeframe Analysis In the 4-hour timeframe, ENJ is stuck in a long consolidation range, which limits the effectiveness of momentum indicators like RSI, so I won’t use it here. 🔼 The price recently broke above $0.1543 and is now pulling back towards this level. If the upward move continues, the next target would be $0.1658, with the final target at the top of the range near $0.1823. If you don’t have a position open, consider entering a long trade on a break above $0.1658. What’s encouraging here is that volume is increasing, signaling strength in the bullish move. 🔽 For a short position, a break below $0.1398 would be a suitable entry point. If the price confirms and holds below this zone, we could see a move toward the $0.13 support. The main short position would be triggered after a break below $0.13. 📝 Overall, I currently see a bullish momentum in the market for futures and prefer opening long positions. ❌Disclaimer This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.Longby DreamAnalysis3
Alikze »» ENJ | Ascending channel - 4H🔍 Technical analysis: Ascending channel - 4H - It is moving in an ascending channel in the 4-hour time frame. - A Double Bottom pattern is formed in the range of the green box by creating higher floors (HL). Meanwhile, the creation of higher ceilings (HH) can be met with a correction in the 0.14 zones or the bottom of the channel with demand and create a newer ceiling (HH) up to the supply zone. - Currently, in the middle range of the channel, it can continue its growth with a correction in the range of 0.14 to the supply area. 💎 Alternative scenario: In addition, if there is a stabilization below the 0.14 candlestick area and if the correction continues up to the specified areas and the green box, there is a possibility of breaking the green box area. Therefore, if the correction is sharp, the bullish scenario is invalidated and can form a new floor. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:ENAUSDT Longby alikze224
ENJUSDTHi friends.. in ichimuko & order block strategy, you can check this one too!! please analyze it yourself friends best regardsLongby the_blue_osprey3
ENJ Price Action: Will the Momentum Hold Above Support? ENJ is currently trading around $0.1697. From March the price of ENJ is in a downtrend, after rejection from the resistance zone marked with Purple at $0.6617 to $0.6850. Now the price has broken out from the descending trendline and the resistance zone marked with Grey at $0.1512 to $0.1584, now this zone has become a support zone. The next target for the price is the resistance zone marked with Green at $0.2037 to $0.2108, if the momentum continues the price could reach the next zones marked on the chart. The price might retest the support zone Grey and the descending trendline, if this area fails to hold the price it might fall to the next support zone marked with Yellow at $0.1294 to $0.1372.Longby TheCryptoCity12
ENJUSDTENJ ~ 1W #ENJ If you have Conviction on this Coin,. This is the right time to make purchases in stages.Longby CryptoNuclear115
ENJ Long IdeaEnjin Coin is making its first attempt to break the diagonal resistance after a 6-month correction. A breakout from the downtrend could signal the start of a new rally. Futures positions at these levels are quite risky, but all pullbacks should be considered opportunities for spot purchases and averaging positions.Longby Alex-Whale5
#ENJ Getting Ready for a Major Move | Key Levels to WatchYello, Paradisers! Are you ready for what could be a major move in the #ENJ market? Let's discuss the latest analysis of #EnjinCoin: 💎We’re seeing a strong potential for a bullish continuation from a critical support zone at $0.132. For those tracking #ENJUSDT, the setup looks promising—#EnjinCoin is showing signs of preparing for a bullish breakout from the descending channel formation, and it could take off soon. 💎Currently, #ENJ is following this descending channel pattern, and if a breakout occurs, we could see prices soar. The first key target after a breakout is the minor resistance at $0.232. If #ENJ manages to hold steady above $0.132, we might be on the verge of a significant rally. 💎In the past, we’ve seen similar setups lead to explosive moves, and a breakout above the critical $0.232 resistance could open the door to even higher resistance zones. 💎But let’s not forget—caution is crucial. If momentum weakens near this key demand zone, we could see a pullback to the lower demand area around $0.113. A daily close below $0.113 would invalidate this bullish setup and could lead to further declines. Stay focused, patient, and disciplined Paradisers. MyCryptoParadise iFeel the success🌴Longby MyCryptoParadise_Simon9
ENJ Target 0.60 USD Short Term ENJ nin zıplayacagını dusunuyorum bınance desteklıyor ve fıyat cıddı bır sekılde 0.60 a yukselebılır ızleme lıstesıne alan buyuk balınalar var eger bunu gorurseler 3 dolar kacınılmaz olur Longby IDEAINVESTMENT2
Alikze »» ENJ | 1H ascending channel🔍 Technical analysis: 1H ascending channel - It is moving in an ascending channel in the 1H time frame. - After the formation of a triple roof in the area of the canal roof, it has been modified. - A demand has been created in the range of the green box. - Therefore, with a short-term correction, it can grow first to the middle of the channel and then to the ceiling of the channel. 💎 Alternative scenario: In addition, if the green box is broken, it can continue the correction step until the correction request area. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:ENJUSDT Longby alikze1
ENJUSDT price approaches critical demand zoneENJ/USDT is undergoing an extensive correction, with the price nearing a critical support area. This zone is expected to hold and potentially trigger the start of a new impulsive wave. A short wave formation is anticipated as the first leg of the major move. The chart provides full details, including a tight stop-loss strategy in case the critical support breaks. Share your thoughts on this altcoin with us.Longby wesladUpdated 3322
Keep an eye on the #ENJ/USDT Diagonal Trendline in 1-Hour TF!Keep an eye on the #ENJ/USDT Diagonal Trendline in 1-Hour TF! Wait for BO for Long Position. NYSE:ENJ needs to hold PML $0.1347 as a strong support. The local resistance level is PWH $0.1685.Longby TraderAAG116
ENJUSDT it time to buyENJUSDT looking Bullish, It time to buy the coin. The Reason making of Double bottom in 1 hr. Breaking of Neck-line Breaking of resistance making HH and HL Longby limitissky77446
smart money concept analysissmart money concept analysis: Don't get caught in whale traps. 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 authorby IQgroupsUpdated 2
$ENJSorthing this coin with tight stop loss. Little bit risky. Please dyor before take a position and make a decision. Always use stop loss whatever your position.by B56786766785031
ENJUSDT.1DAnalyzing the ENJ/USDT daily chart, several key technical elements stand out, offering a detailed perspective on the current market conditions and potential future movements. Technical Analysis Observations: Support and Resistance Levels (S1, R1, R2): Support Level 1 (S1): At approximately $0.1351, this level has been tested multiple times and has held as a significant support. A break below this could signal further downside. Resistance Level 1 (R1): Located at $0.2696, this level represents the immediate resistance and a potential target for any bullish correction. Resistance Level 2 (R2): At $0.3995, this higher resistance level marks a more substantial recovery target if the price can break above R1. Trend Indicators: The green trendline, slightly ascending, has been serving as a support line. Its validity and strength will be tested if the price continues to hover near it. The descending red arrows indicate the overall bearish trend that has been dominating the price action recently. RSI (Relative Strength Index): The RSI stands at 21.52, indicating that the asset is heavily oversold. This suggests that a potential reversal or at least a consolidation phase might be on the horizon as buyers look to capitalize on the undervalued conditions. MACD (Moving Average Convergence Divergence): The MACD lines are below the signal line, and the histogram indicates ongoing bearish momentum. However, the MACD's flatlining suggests that bearish momentum might be weakening, potentially setting the stage for a reversal. Conclusion: The ENJ/USDT pair is currently navigating through a critical phase. The strong support at $0.1351 is a key level to watch. Given the heavily oversold condition indicated by the RSI, a short-term rebound might be in play. However, the overall bearish sentiment underscored by the MACD means that any bullish moves could be limited unless accompanied by significant volume and momentum changes. For a more secure entry, I would look for a confirmation of reversal signs, such as a bullish divergence in the RSI or a bullish crossover in the MACD. If the price manages to break above the immediate resistance at $0.2696, it could open the door for a move towards the higher resistance at $0.3995. Conversely, a decisive break below $0.1351 would suggest further downside, necessitating close monitoring of price action for new support levels. As always, prudent risk management is essential. Setting stop-loss orders below key support levels and targeting profits near established resistance levels can help manage potential risks and optimize gains in such a volatile market environment.Longby MarsSignals5
ENJUSDT is BullishPrice was in a strong downtrend, however, the bulls are trying to win control and have managed to break previous lower high, and instead printed a higher high. If this is broken we can expect a bullish rally. Targets are mentioned on the chart.Longby Fahad-Rafique442
ENJIN COIN: The Native Token Of Enjin Blockchain1. Weekly chart price sitting on channel support with nearly oversold rsi and mac d. If here was ever a time to buy Enjin Coin it would be now imo. 6/20/2024 - Never invest more than you can afford to lose. Not financial advice. BINANCE:ENJUSDT Longby DjvybeUpdated 12
Enjin Coin / ENJ analysisThe price of ENJ is $0.45 today with a 24hour trading volume of 202 million dollars. This represents a 9% price increase in the last 24 hours and a 88% price increase in the past 30 days. Enjin Coin is a cryptocurrency for virtual goods created by Enjin. Enjin is gaming community platform with over 250,000 gaming communities and 18 million registered gamers. The Enjin team is designing the coin completely around gaming with the goal of it being the most usable cryptocurrency for the industry. The project includes the Enjin Coin as well as a suite of software development kits that developers can integrate into their games and communities. Enjin partnered with some big companies last year, Samsung (keystone blockchain) , Microsoft (Azure Heros), Atari and Unity (games dev) and BMW (app). but now lets look at the chart,we have a GOD monthly candle which shows bulls turned on their engines and ready for higher levels now as you see enj is at its fist resistance 0.45 and trying to break it, if bulls manage to break it then the next target is 0.55 and 0.6 Longby moonyptoUpdated 7726
Market Maker End GameIn daily chart there is an rsi positivity and it is also below 30. At that point this Falling Wedge MUST HOLD! If it doesn’t happen we see another Crash(0.14$). I believe Market Maker hold this 3 year’s support level. Longby kutaytrade552
Looking to long on a similar PA from previous daily range play.Previous daily range had this play, now something similar might be in play. my target is the hypothetical mid range, it could align with the 100/200 EMA and s/r trendline. Will go long on a 4hr bullish bos at the lows if i gat a PA like this. Everything depends on BTC and ETH of course. I'd spot buy if price breaks above the target and then above the 100/200 EMA. Longby oCe3451