ENJUSDT trade ideas
Patience helps. Still not time yet.Same chart and same lines. It feels that there is still some correction left. Patience would serve well to buy after ENJ dips further nearer the weekend.
ENJIN looking to complete H&S form before heading to the upside?Good evening friends today we are going to look at Enjin, I have been following Enjin since it's big initial pump back in April.
We can see that Enjin is almost done forming a head and shoulder form. Head and shoulder position is usually a selling indicator, but when its done forming I assume it will hit 3+ USD afterwards.
I think it will hit below the support line to establish the forming of the Head and Shoulder before continuing towards the upside!
What do you guys think? I'm always looking for input and other opinions!
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Have a great day!
The king of Nfts will break all records just patience,with Avex partnership now and longtime sideway. now Enjin is ready to go next
- first target $4
and easy to get $10 at the end of June
ENJUSDT UPDATE!!!!Hi Traders,
ENJ has currently formed a Head and Shoulders formation on the Daily timeframe. The second shoulder has failed to provide any volume with creating a lower high and a lower high shoulder compared to the first one. As this has formed not he daily timeframe it must be regarded as a strong formation and therefore a large move is due. Volume has tailed off significantly on the second shoulder and continuing to create lower highs. We will look for volume from either side as indication of where it wants to go. The first zone is our first line of support as there is a concentration of volume held in there and the 100MA can be seen within the zone. If this fails to hold as support expect prices to fall into the second zone.
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MS
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ENJUSDT, 4hIt may breakout.
If breakout we will see 3.15.
EMA 20 Going to cross the EMA 50 in 4h Time.
ENJ USDT Idea'ENJ' forming a symmetrical triangle and if it breaks out from topside it can run a lot
wait for breakout and retest the green line with increases the volume
Enjin (crash-update)The entire market (crypto and traditional markets such as the NASDAQ composite and the DOW JONES) took a down-ward turn earlier yesterday. There are MANY reasons for this, interest rates being a major one. However, the crypto market seems to have bounced back almost immediately from this drop. From the handful of other altcoins I've studied, including Eth, they have ALL seemed to have formed an ascending triangle (after the down-ward dip.) Most other altcoins (that I've studied so far) are also retracting back up to the previous numbers they were at (before this down-ward trend started.)
If you take this into account, and the recent "ideas" I've created on the previous time-charts (4-hour,3-hour and 1-day), as long as we stay above $2.30 things are still looking good. If ENJ goes above the price target of, $2.50, I would expect the upward trend to continue and bust-out of the LARGER ascending-triangle it was previously charting.
BONUS findings: I've only found a couple of other al-coins that've "recovered" from this dip with a symmetrical-triangle pattern. I am personally trading these as a stronger move, as those seem to have a faster "recovery rate."
Enjin Coin / ThetherUS downward trendit makes a head and shoulder pattern that would decrease to 1.0 $
Is Enjin(ENJ) gonna be great again ???Hello everyone ! I am here with wider analysis. As you can see in the big picture Enjin coin goes in parallel channel which comes from January. Currently it is in the down trend with purple line. RSI is also in down trend in daily chart. If it breaks, It can be the Enjin's time to go for new records. This scenerio can be happening if BTC is going for new ATH. Have a nice one !
