ENJIN (ENJUSD) is having a major bullish break-out today as not only did it break above the 1D MA50 (blue trend-line) for the first time in more than a month but also hit the 1W MA50 (red trend-line) for the first time in a year (since April 02 2022).
The chart on the right displays ENJ during its 2018/2019 Cycle and even though we need strong fundamentals to...
This chart is about ENJIN ENJ Coin Price Prediction and Forecast in which you can see daily resistance has been broken to the upside at around $0.5215, Now it is retesting.. Possible buy?
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ENJ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
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ENJ Looks like it's ready to make some crazy moves off this Logscale Bullish Cypher as it's Broken Free from a Downtrend after Confirming 3 White Soldiers on the Weekly Timeframe at the Logscale PCZ of a Bullish Cypher.
Enjin (ENJUSD) broke today above its 1D MA200 (orange trend-line) for the first time since February 09 2022. Even though that is technically a major bullish break-out, the price is still inside a Channel Down pattern that started on the June low. We ideally want to see a closing above that Channel to call for the new Bull Cycle and the reason can be found back in...
While most cryptocurrencies are thinking: "to fall or not to fall", against the background of yesterday's statement by the US Department of Justice, ENJ buyers decided that this is a great moment to pump the price up by at least +20-30%)
The entire speech of the US Department of Justice can be summarized in one thesis: "although crypto is still poorly...
#ENJ Seems like Correction phase almost Done & Ready for Bounce Back...
Falling Wedge Formation in the Higher timeframe..
Pretty Decent Buying Volume Coming in..
Expecting Breakout Soon.
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Trading Setup:
A Trading Signal is seen in the ENJUSDT Enjin Coin.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.425
⭕️SL @ 0.410
🔵TP1 @ 0.465
🔵TP2 @ 0.495
🔵TP3 @ 0.536
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas,...
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...
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...
#ENJ
A break above the range formed over the previous three months could be an great sign of further continuation.
Set up some alerts in case it decides to go for it.
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(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...
ENJ is in a Symmetrical Triangle and Haven't done a Break out Yet! So We can Not Determine Whether It's gonna be bearish or Bullish We Have to wait and see what will happen. in Bullish case The Price will Reach 1$ Which is also a Strong Resistance as well! In Bearish Case The Price will Reach 0.5$ which is also a Strong Support For ENJ ! The Expected Movement...
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?
