This is a very fascinating coin at the moment!
Price at the weekly uptrend support zone!
Even though (technically) the overall structure is bearish but we can ignore the presence of such a strong weekly support!
If the price bounces northwards then this might be a very good indication for bullish moves on ENJIN Coin!
Enjin Reach $25- $32 , Bull Market will end in 2 months from now but i believe we will see Crazy Bullish Candles we never experienced since 2017 !!!! After October we will get in a small bear market for 6-8 months then continue to another bull market and new highs
Dow Jones due for a correction it will pull all markets down with it i believe from the charts it...
CRYPTO - ENJ - Another Wyckoff Accumulation with the hard yards behind us. We have moved through to the test phase.
RSI setting higher lows showing selling strength is weakening.
Volume is increasing.
STO has bottomed out and is heading back towards 80 for another run.
We should head towards 1.80 for the sign of strength phase of the wyckoff and then back through...
Similarities observed between Enjin and MATIC
Both are displaying a symmetrical triangle, then a large breakout to the upside
MATIC won in the % breakout to the upside, but that doesn't mean Enjin can't catch up, (plotted with bars pattern (line in green))
I see enjin coin about to signiciantly increase in price potentially 10-25x within 3-4 months, macd is over sold, and 50 day ema is about to cross over 200 day ema, i see $25 price point within 3-4 months, something big is coming
ENJ has been lagging behind when a lot of alt coins have had some massive gains recently. Now I think it could be ENJ’s turn to make a move.
You can see on the daily chart here that it is testing the neckline in an ascending triangle. If it can break the neckline the dashed lines would be areas of target prices. Hope this helps!
Hello Trading Community!
Here is my quick analysis of ENJ recent price action...
I started following ENJ about two months ago and posted an idea (see in the links below) where I first noticed the occurrence of a strong breakout.
Since then ENJ has been performing nicely, bucking the uptrend. As you can see on the chart, ENJ has been diligently working to...
Enjin Coin broke up this triangle 📐 and I think ENJ can go to 2.37 and even higher. I'm already in. Ladies and gentlemen, the race just started! 🏎️🏁
ENTRY : local high @ 1.999
SL : local low @ 1.93
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 2.37
RRR : 5.4
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!