ENJ seems to have a great use case for the gaming industry and technically we seem poised for higher prices. An extrapolated move out of the triangle could yield 120-150% gains over the coming weeks. Pure speculation. NFA, DYOR.
ENJ is clearly signaling a bullish pennant on the weekly chart. It is also nicely holding the 50W EMA for its history.
Looking for rising volume and a breakout of the pennant pattern to the upside, which looks to be around the 0.382 Fib level at approx $2.
The next Fibonacci targets above the ATH are $6, $9.20, $12.50 +
Signal: Blue-> Green, set alert
ENJ, ENJIN, ENJINCOIN ENJUSD , ENJUSDT ,ENJUSDTP,CRYPTO,CRYPTOCURRENCY
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Enj shows inveted head and shoulders.
In the chart the resistance level and support appears.
So if enj succeed in break the neckline resistance, we may show profit until the next resistance.
This is just an idea.
Not financial advice.
This formation of moving averages layered 50,100,200 is a great candidate for bullish action
This is shown in right slide, which is BTC's legendary run to 20K in 2017
Enjin on the left is showing the same MA state hinting at bullish potential
As its easier for price to move upward with MA's like this, the path of least resistance is taken
I am long ENJIN
whats up ? did you take profit from the market this week ? put comment if you anyone take profit
In here after we break the key , the upward trend was started and now we are in upward and we had a sensitive zone that we broke it successfully and now in days ago we pullbacked to it for continuing the trend in upward , and we are in good situation for...
I did the weekly and daily analysis of Enjin Coin. I think the rising trend will continue, so I took a position in the 1.60 region for the targets I specified.
Those who wish can place orders in the $1.45 - $1.60 region, and those who wish can buy markets. Let everyone manage their own risk.
$1,780 can be considered as a profit buying point for short-term traders...
Hi every one
ENJIN COIN / TETHERUS
this is an update on the last analysis of ENJ/USDT. So as you can see the price has reached our expected target which was around 2.1$ ! ENJ has completed the crab pattern and now it's time for correction. The correction can be up to the 0.382 line of Fibonacci and note that after the correction ends the bullish trend can...
* Long-term parallel channels on the weekly chart for both price and RSI.
* Cup and handle completing along the trendline from mid-cycle top to top of the mid-cycle consolidation phase.
* 21W EMA crossed above 20W SMA.
* If ENJUSDT holds above $2.18, preferably closing a weekly candle above this level, then this bodes well for ENJUSDT.
* If weekly RSI holds above...
whats up ? everything is okey ?
We are faced with a complicated chart
The trend of chart is downward trend and in here we are encounter with the first support
when the trend is downward we should take short position but because of market that is bullish in few months later we should buy and hold and take long position in sensitive area
ENJUSD is about to complete the correction and breakout from the falling wedge.
As a rule wedge has a 5-wave pattern, however to go long, wait for the breakout from the wedge and go long.