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Enjin Coin / TetherUS

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ENJUSDT trade ideas

ENJUSDT Signal for HODL : 01.30.22 $ENJAll the important levels of support and resistance are marked on the chart. In this analysis, we will identify good entry points for you so that you can buy in these ranges when the market falls further . 📊 First Entry Point : $ 1.19 - 1.39 (Range) 📊 Second Entry Point : $ 0.74 - 0.94 (Range) Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 30.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
1
🕹️ ENJIN = Metaverse HQ + Enjinstarter 🍊 Enjin, has announced that it is launching its brand new headquarters in the Bloktopia metaverse . This new space is designed to show off its growing NFT ecosystem and projects. As more and more organizations pour into the metaverse, it is fast becoming trendy to have a dedicated office in the virtual world. Forget remote working, virtual working could be a key feature of 2022. Entering the metaverse by setting up its headquarters in Bloktopia is an interesting way to host events and explore new ways of keeping ongoing community engagement. In November, Enjin launched a dedicated $100 million US Metaverse Fund to support individuals and organizations working on the Enjin ecosystem, metaverse projects, gaming and NFTs. The team at Enjin works with pioneering projects that are immersive, decentralized environments. Enjinstarter – A Next-Generation Launchpad For The Metaverse Built on the Enjin Jumpnet Blockchain, Enjinstarter ($EJS) is a blockchain gaming launchpad initiative focused on growing the Enjin ecosystem and the metaverse. Current and potential members have the opportunity to take part in the movement to decentralize the Metaverse and bring NFTs to Polkadot (DOT). Due to being built on the Jumpnet blockchain, the platform has no gas fees, the NTF’s are carbon-negative and are supported by smart contracts. Enjin as an entity, enables creators and game developers to execute capital-raising campaigns and build communities using blockchain technology. One Love, the FXPROFESSOR
Long
by FX_Professor
2
🌳ENJ's Expected Movement in near FutureHello every one ENJIN COIN / TETHERUS ENJ is a Great Asset Which Has been quite Profitable in The Past few months But Right now a Heavy Correction wave has been Accrued. We can See Some bullish Signs on the chart. as you Can See The Price is Now at It's Major Support zone which is quite a Strong Support as well around 2$. The Bearish Trend Line (White Line) Is Gonna Cause Some Problem For Bulls Because If we Consider The Trend Line & The Support zone, we Can come To a Conclusion That The Price is in a Descending Triangle. But It's Not That Bad, because There is a Regular Bullish Divergence (+RD) On MACD which Suggest a Bullish Movement Is Coming. So If ENJ manages To Break The Bearish Trend Line, It can Easily Reach the Resistance Zone Drawn on The Picture. (around 3.5$) What Is Enjin Coin (ENJ)? Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores. Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value. Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018. Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users: Infuses them with a reserve value Ensures their transparency and scarcity Gives them instance liquidity Provides utility in games and apps Anti-inflationary Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within. 🔴This is only an idea and not a financial advise ( NFA )🔴 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
5
ENJUSDT Wave Analysis (GLOBAL VISION)Hello friends. Please support my work by clicking the LIKE button👍 (If you liked).Thank you! Everything on the chart. Without many words. Globally, we are in the running triangle (wave of 4). Main target zone: 5.5 - 6.5$ cancellation of growth, consolidation below 1$ 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
4
ENJIN- Urgent Update w LevelsBad News: Bitcoin tumbled in an extended selloff for cryptocurrencies, falling past $39,000 to its lowest level in more than five months. The largest token sank 5.6% on Friday, marking a three-day downturn. Other cryptocurrencies were similarly in the red as investors offloaded risky bets in a volatile week for global markets. Ether fell below $3,000, losing as much as 8.8%, while Solana, Cardano and Binance Coin also slumped. Here is our chart with updated levels. Remember to keep your cool and deal with every situation in the best way. One Love, the FXPROFESSOR
by FX_Professor
ENJIN COIN RE-ANALYSIS (GLOBAL TARGETS)In our last Enjin coin analysis, we talked about how the price could go up to $6 dollars. Today we will be talking about higher targets in our re-analysis. Visit the previous analysis for inights(will also be linked below) As we can see, price action is in a large ascending channel, one which price has continuously respected on each touch Currently in a larger degree ABC correction wave (wave 4 correction wave) we can see that price hasn't yet touched the 0.618 fib level of our wave AB, which should be the first step to determining which type of correction we're currently in. Wait for price to come back down to the .618 region before making any buys, and wait for the touch of the channel support before going long. If you agree leave a like and share your thoughts and views in the comments. Feedback is always appreciated.
by RektMyMom
3