- This consolidation is taking too much time, it is not worth to speculate on a bounce from the support, i think it is too dangerous now
- Breakout of the rectangle is much more probable
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Hey guys
As shown in the chart, a triple bottom pattern is formed in the daily time frame. Also, a positive divergence is evident in the MACD indicator. If the neckline is broken, the price can go up to the specified target
EngineeringRobo and I are fully bearish about ENJ at the moment.
If you are holding ENJ at the moment, it would be advisable to sell now and buy again with EngineeringRobo buy signals or buy at the support level (0.115).
If buying with EngineeringRobo buy signals, be sure to watch for EngineeringRobo sell signals!
If you are interested in using EngineeringRobo, DM me!
Hello and welcome traders to another trade idea with CRYPTO_BAHADOR!
ENJ Uptrend will soon take over.
Small time frame support will act like wedge.
Buy Zone: 1400 - 1520
Sell at: 1750 - 1900 - 2050
SL: 5%
I find price to be in Nested Wedge Patterns.
You can see two wedges on the chart. Bigger Wedge is more important as the Mid point of the Bigger Wedge and Intial Point of the Smaller Wedge are coinciding so they mark a important support level.
Price usually respect the mid-point of any wedge before any reversal or resumption.
Breaking below the Support will give...
There are 3 SELL signals present at the moment. I'm BEARISH and I don't think this is a good time to buy now.
If you want to buy again, we have 3 options;
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.17) for 1D to buy,
3- You can buy when candles touching the support line...
Hello tarders,
Enjin is forming an bullish accumulation and is indicating that possibly it will continue its upward movement soon. Would be a good coin to buy if it close candles above the triagle.
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Moon, buy2 and green robo signal signal . Here is my analysis:
2. We can buy at support = 0.2usdt
3. We can buy when resistance turns to support (1D open & close above 0.22usdt) = 0.22usdt
We can use sell2, sell1 or hell signal for sell decisions. Otherwise, we can also sell at resistance depending when you buy.
if this respected trendline breaks to the upside we might see some moves testing previous highs. Watch BTC simultaneously , chances of breaking lower first. Alerts on both upper and lower trendline.
To make it as simple as possible, after breaking first major resistance line we formed second one lately. so i guess if we close this week candle above second major resistance line, we can see positive price action. ENJ looking promissing! GL
The previous resistance is now working as support!
The triangle has broken out and retested!
Just look at the nice bull flag!
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X Force Global Analysis:
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In this analysis, we look at Enjin Coin's (ENJ) 2 day chart, identifying key trend lines and areas of support.
Analysis
- ENJ has been creating higher lows and higher highs, until recently it has had a corrective trend
- Prices bounced on...
I have 4 positive signals
If you hold this coin wait EngineeringRobo ' s sell signal or you can sell at the resistance line( $ 0,2132)
ıf you want to buy it wait for turning resistance line to support line then you can buy it around $ 0,21- 0,22 and watch carefully EngineeringRobo' s signals.
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