Enjin is trading below the 1D MA50 (blue trend-line) but is within a long-term Fibonacci Channel since March 2020 market sell-off. Based on the 1D Ichimoku Cloud and the LMACD, the current price is roughly at the same stage it was in late October 2020. I have a long-term target at...
An idea for ENJUSD,
A parabolic curve can be drawn from each bottom point
Perhaps this will be a larger curved trend that will hodl in the medium term (yellow)
Blue line is what I expect of this indicator if price does increase
hey traders, there is Enj, we need a closing above the blue line for 1D bar to get the green lines and the stop loss is a close under the red line for 1D bar
trade carefully guys and don't forget the risk management.
#Enjin Cup and handle formation is complete a high probability of Testing $6.30 in the near term.
Traders should follow strict stop loss as gaming projects space is overheating.
#SAND an exception as it is supposed to deliver on the 29th Nov 2021.
A large curve (or parabola (I think)) can be drawn on the ENJIN chart, showing a previous point of resistance turning directly into a point of support
This point of support is further emphasized with a golden cross right on the line
This suggests the bull movement is not over, and price will continue to rise
The main structure can also be drawn as a symmetrical...
Can ENJIN reach (Ripple XRP?
Our guess is YES, it should pass it to say the least.
facts: ENJIN will need to x16 from where it is today to catch XRP
Enjin has been and will be one of our top-5 favorites.
The price can keep growing (we see a target of 7$ for the next 5 months).
Well here you go, this is a message from my direct communication...
The 4-hour chart shows that the Enjin cost has opposed odds in the past few days. While most coins have slammed, Enjin has kept a somewhat bullish pattern. It is even only a couple of points beneath its most elevated level this year.
The coin has additionally moved over the rising, It also seems like it is forming an ascending triangle pattern. This pattern is...
ADJUSTED TARGET AREA OF VALUE ON THE CHART
1813H +8 SINGAPORE
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
COMING UP TO OUR TARGET EXITS
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING...
$ENG/USDT have managed to hold the fib channel 50% line after testing it for several times. Thus this behavior doesn't show strength, but the fact that the correction held the 50% and not reaching the 38.2% is a good indication. Initial target insight is 7$ per coin, and if the market had a super cycle, we can go up to 40$ per $ENJ.