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...
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
hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ENJUSDT 1W chart) Below 0.563 is likely to be a mid- to long-term investment area. The new Heikin Ashi low and the MACD's 'Buy/Sell' indicator fell at the same time and touched. Therefore, if...
As you can see, Bitcoin has now reached an important range to taking some of your ptofit , so if you buy at a lower price , close part of your position here! And pay attention to how it reacted to the Institutional Support indicated on the chart after the last analysis. The next important range for re-taking the profit will be in the range og $ 22,300 to $...
We have this pattern on the Enjin Coin vs Bitcoin (ENJBTC) chart which we saw recently on the Solana (SOLUSDT) and Polygon (MATICBTC) trading pairs. We have a low 12-May followed by a lower low 13-June. While the MACD and RSI print higher lows giving us bullish divergence. Right after the lower low on 13-June we have accelerating growth. We now see prices moving...
The Gaussian Channel top band has provided a consistent support area for price on this Monthly timeframe Currently price is tested this area The question is will this area hodl as it has in the past?
ENJ and many altcoins was recently oversold in our RSI and hit Trendline Support. I think this is a high possibility to bounce in this area and hit TP before squeezing its way to what ever direction. Trade Safely.
ENJ rejection after hit resistance bullish flag trendline , and also any inverted head and shoulders pattern now correction to make right shoulders IHNS will valid if rejection not breakdown the support potential breakout and continue upward movement Buy zone : 0.635 - 0.585 - 0.5 Target : 0.7 - 0.744 - 0.784 - 0.837 - 0.904 Stop : 0.47
hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ENJUSDT 1W chart) Below 0.563 is likely a long-term investment area, so you need to trade cautiously. (1D chart) In the short-term and medium-term perspective, it needs to move above 0.744 for...
ENJUSDT Technical analysis update ENJUSDT currently trading at $0.69 Buy level: Above $0.725 (only buy after the price breakout) Stop loss: we will update once we see the breakout Resistance 1 : $0.78 Resistance 2 : $0.86 Resistance 3 : $0.92 Resistance 4 : $1.00 Always keep stop loss. Thanks Hexa
$ENJ has hit support and make a strong rejection , Consolidation movement we can swing in this situation . in lower time frame potential make a IHNS pattern Indicator like RSI and stochastic showing oversold , we can setup entry Buy zone : 0.666 - 0.646 - 0.625 Target : 0.695 - 0.712 - 0.742 - 0.774 - 0.876 Stop : 0.6
Good morning all We will be looking at the ENJ/USDT pair this time around Lets begin! In our previious analysis we pointed out regions where price could bottom out for enjin coin, as shown below; Price is trading at that level currently and we have ourselves a Regular flat correction in play judging by the price action. In theory a regular flat has it's C wave...
📍the asset draws another wedge. Now it's too early to talk about the entrance, the figure is not drawn to the end. We have already taken profit on this asset when breaking through a large wedge. Now we will act in a similar way: if it breaks up, you can buy. If we go down, we will most likely enter a sideways movement at the level of $1.19. 🀄Watching
In our last enj analysis we talked about how price needed to reach at least the 61.8 retracement level of correction wave B as shown below Now that we have reached and bounced from the 61.8 level, what comes next? It appears our currect wave C has created a falling wedge pattern, which could soon be confirmed as a Running flat pattern 3-3-5 correction if we get...
long buy 1.20 sell at 1.55 40% profit wait the fear and buy it good luck boys
ENJ/USDT Entry Range: $1.37 - 1.46 Take Profit 1: $1.72 Take Profit 2: $1.90 Take Profit 3: $2.20 Stop Loss: $1.25