ENJ
ENJ/USDT : One of my favorites now ! dBINANCE:ENJUSDT
Hello everyone 😃
One of my favorites at the moment - price attempted to breakout but failed and is now holding at the upper range level.
As long as 1.7 remains as support, I'm expecting a break to the upside over the next day or two.
But there will be some other scenarios to happen !
- There is a stiff resistance zone above the current level which has rejects the pair recently.
- #ENJ is forming a bearish order block on daily TF, So current candle is important.
- The rejection below FIB's level is happening, So we need to care about that.
On other side :
- The S/R line has been captured by the movement !
- The 50% FIB's level can be a good support for #ENJ ATM.
- MA200 is reaching the movement, Which has been broken recently and it can become another support for #ENJ.
- There is a bullish trendline, Which has formed buy recent wicks at the mid-dip for #ENJ.
#ENJ can manage to pullback from stop-hunt zone if any dive happens... ( If #BTC rejects to hold the current support and dive to 44K level ).
There will be to levels to enter :
- At support on Stop-hunt zone with confirmation !
- After a hold above resistance zone.
🔴 If BTC continued to dive, Then it won't be a good idea to stay on bullish scenario, So the rejection is also possible !
Any rejection below MA200 and trendline will confirm the dive to $1 level or lower.
Hope you enjoyed our analysis about ENJ's possible directions🙌
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Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is fluctuating close to the support line. We are currently waiting to see which direction the price wants to move. If the price penetrates into the support line and stabilizes, we consider the fall to the next support line. But if the price can break the resistance line and stabilize above the line, it can touch the target.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ENJ to test $2.30 this weekend?We've been creating Higher Highs & Higher Lows since the 19th & may very well continue this pattern heading into the weekend, if we do we may test $2.30 this weekend.
If we hit the $2.00 resistance we may find ourselves in a Consolidation phase heading into the weekend around $1.90 & $2.00 which would be a healthy consolidation for the coming week.
ENJIN: increasing gaines possible (NFT HYPE)Hi traders,
We are looking at the 1 hour chart of ENJ /USDT
We could see a bull flag forming if we take out the "emotional exaggeration".
Visa: "NFTs mark a new chapter for digital commerce"
Furthemore;
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. (source: coinmarketcap.com)
Enjin focusses on "online gaming".
"China" called online gaming "opium for the mind" which means:
1. People will use the opium;
2. Online gaming is a real threat (competition for attention)
Previous ATH was $3,4 (daily close)
Keep sharing your thoughts in the comments section and enjoy
ENJIN - Gaming Crypto landscape has changedEnjin had gone SO well for us and thank God we have the good habit of taking profit and re-investing.
AXIE INFINITY, Sandbox, ALICE, have all taken a piece of that pie (NFT/Gaming) and Enjin seems to be struggling for direction.
A lot needs to happen to see new all time highs but we still love our ENJIN and we carry some.
I did not buy Enjin because of the NFT craze. I bought it because of the research showing only good things about them but for the time being Cardano is a better option for my money, my opinion.
A nice one about Enjn here : Enjin Coin: All About Fake Swords, Fake Real Estate, And NFTs Near Future
ENJ - Breaking out of a Massive PennantI've been waiting for this breakout. The price could move quickly once we get past that white dashed resistance area.
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has been able to break its resistance and stabilize above the line. We have drawn a support line for you dear ones that can support the price. And we intend to be able to reach our goal over time.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ENJ to test $1.80?We've been in a strong sell-off & now testing the upper resistance, what makes me think we will see a Uptrend unfold is the RSI, we have created a Triple Bottom which usually leads to a bullish trend.
If we were to fall to the $1.50 resistance then we would see a Consolidation or Bearish trend unravel Tuesday into Wednesday.
ENJ/BTC { ENJIN COIN } - BULLISH SETUPANALYSIS 🔎
- ENJ/BTC is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.00003655)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has started to move higher after approaching the support line again and we intend to be able to touch the target. We expect the support line we have drawn for you to support the price again in the event of a fall.But in case of falling below the support line and stabilization, we can consider more fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Why Log charts can be helpful in the crypto marketAs you can see, previous peaks almost disappear and become irrelevant as each new bull move occurs
Log charts provide a more detailed perspective of price action
Its crazy to think ENJIN could be $140, if that $140 price was hit, would tower over the current peak which is already massive
ENJ 4 Phase UptrendHere I have created what I call a 4 phase Uptrend, it's us creating Higher Highs & Higher Lows. But I got a little fancy with it, but it's why I do believe we will see some type of pullback maybe even another Inverted Head & Shoulders.
Our next resistance is at $2 so we have a possibility to see that this weekend if this Bullish Market sticks around.
ENJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has hit the support range and we intend that the price can start moving towards our target if we do not see weakness in the trend. But if the price can not be supported, we consider the fall to the next support.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!






















