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moonypto
Jan 28, 2023 4:08 PM

Enjin Coin / ENJ analysis Long

Enjin Coin / TetherUSBinance

Description

The 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


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the daily time frame shows that it still hold its uptrend and if we have pullback we can back to 0.4$

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we hit the first target ✅

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Trade closed: target reached

Trade closed: target reached

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wait for breakout

Trade active

Comments
InkyGrip
thank you for sharing your outlook. ENJUSDT wants to go up
moonypto
@plancton0618, moon soon
SwallowPremium
Very professional work! A clear chart with a good description of the scenario. Thank you for sharing!!
moonypto
moonypto
@SwallowPremium, you are a good trader
b82161
Beats a pull back to 0.23
moonypto
@b82161, dont think so
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