As for now we have an opportunity of a buy trade since previous resistance has turned into support. However, we need a retest to the newest support to confirm the buying bias otherwise stay out of the trade but I think a short term correction with upwards momentum could be possible in the short term. Noticed we are in the oversold condition too and to add even...
September has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. Enjin Coin ENJ has a negative overall...
ENj is awesome candidate for long since: ⭐️ BTC bullish ⭐️ Domination looks bearish ⭐️ We have 5 days of accumulation ⭐️ Spread is getting lower ⭐️ 4th approach ⭐️ Volume increases at top ⭐️ 50 ATR ⭐️ Over VWAP Will enter when price slowly squeezes to the levelon 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% -...
Hi everyone, Professor here and time for announcements: I have decided to take it easier with charts for the next period and focus on education. In my time here at Tradingview I have met a lot of (mostly) nice people striving to 'find out' what will happen next and how they can trade and make money. 💭 Allow me to say that the vast majority (90%+) fail to do...
#ENJ $ENJ -GARTLEY PATTERN - Daily Frame #This is my technical opinion and not a recommendation to buy or sell
0.710 seems like a wall for Enjin at this stage. 0.66-0.64 area is where I would dare to go Long on this one. In general, ENJIN seems to be very quiet this period and despite the fact that i hold bags from 44cents it kinda feels like i could had used this buying power in better ways... Then again in many occasions great things happen in due time so i rather...
Market becoming Bullish early this week as you have been informed: I think this time is ok to FOMO: US printing money to fight inflation.. take a wild guess what that can do to Bitcoin (🚀🚀🚀🚀). BTC Technical analysis: Still in ascending channel . The Top (resistance) is just below 25k . I see 70% chances of breaking over the channel and off to 28k Resistance...
I love ENJIN, it's one of my favorite but remember: The most common mistake is not taking profit (and/or not going short and hedge spot holdings at resistances): My first target of 0,743 was checked: Allow me to say it worked perfectly. What do i do in this cases? Sell some spot and try a short position...The wait for support to take profits from short and...
It may depend heavily on how BTC performs, but im feeling pretty bearish on ENJ as it stands. As the title states, ENJ rejected off the resistance almost perfectly while simultaneously reaching the top of its range; on the dot, i might add. Personally im looking for short entries on ENJ. But as always.. time will tell. If this continues to sit sideways and isnt...
Simple uptrend showing a recovery being posed by ENJIN Similar formations can be seen in white rectangles
ENJIN is one of my favorite ALTS and i do have high expectations. At the same time, failure to rise and test the key 74 cents Resistance brings worries. Price is in an ascending channel, similar to Bitcoin's The 49 (technical) - 50 cents (psychological) Support is strong but we do live in very uncertain times. Thus the 31 cents scenario is not to be crossed...
It's a video, watch it. See how my TA did today and hear what i would expect next: Key levels for BTC Key levels for AAVE, ENJINM FANTOM, AVAX A few tips for everyone. one Love, the FXPROFESSOR
Hello everyone, market is bullish and might as well remain that way until fundamentals kick in (I expect GDP on the 28th and not so much rate hike on the 27th to slow things down). For the time being I want to protect my Long positions from the past 3 weeks, it's going great but hedging might be needed today. here is the chart, use it as you know best. One...
Potential Breakout and looking to repeat the success we have had recently with : Matic: (look how many good entries we posted before the Pump) Fantom: (picked today's winner at a perfect entry again) AAVE: It's the way my trading is designed, always hedged, always looking for breakouts and always monitoring the developments in the market..... oh, and...
ENJUSDT Technical analysis update ENJUSDT is currently trading at $0.554 Buy zone: $0.540 - $0.556 Stop loss : $0.49 Resistance 1 : $0.605 Resistance 2 : $0.66 Resistance 3 : $0.75 Always keep stop loss Thanks Hexa
Updated Professor chart on ENJIN. 0.564 is Resistance. Will the price be able to breach higher and off to 0.743 or will it need to dip a bit lower and check support? Well...it depends on Bitcoin. Let's not FOMO and take it easy now. I am taking some profit and waiting a bit. One Love, the FXPROFESSOR
Unclear again as support at 0,498 stands but 0,484 would trigger a further drop to 0,45 or lower. Market as such is volatile and will continue to be that way so one needs to be careful and patient. One Love, the FXPROFESSOR