ENJ - Expecting further downside
The corrective movement that began in February is expected to continue down to at least the 100% AB extension, around 0.265 (21% below current levels).
This scenario invalidates above 0.46
Key stats
Market capitalization
333.818MUSD
Fully diluted market cap
333.818MUSD
Trading volume 24h
8.804MUSD
Circulating supply
1B
π¨ ENJ has a beautiful bearish structureπ¨ ENJ has a beautiful bearish structure and offers a nice sell setup with a 3.45 ratio. Not bad! My orders are already in place. #ENJ #cryptotrading ππ°
ENJ long setupGaming/meta play. Looking to scale into position on 15/30 min chart flat support levels. Target 1 127% fib extension, target 2 161% fib extension
ENJUSD hit the 1W MA50 after 1 year! Eyeing 1.0500.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
ENJUSD (1H) - Bullish breakoutHi Traders
ENJUSD (1H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 0.433 resistance level. Only the downward break of 0.411 would cancel the bullish scenario.
Trade details
Entry: 0.433
Stop loss: 0.411
Take profit 1: 0.446
Take profit 2: 0.4
Reviewing post done day ago $ENJ $FARM $ETC moving#crypto that ran, sold off & basing
OR slow movers
SO FAR
$ETC closing in on 10%
$FARM up almost $2
$ENJ did 10%, look at volume!
Others are stagnant for the most part
#cryptotrading
Enjin update today bullish and bearish scenario#ENJUSD
-See the important defense zones.
-Red colors for sale zones.
-Green colors for purchase zones.
*Breakout of the region with confirmations initiates a countertrend of the indicated zones.
ENJUSD 1st step made towards $1.50. 1D MA200 broken.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 t
ENJ Bear Flag on the 1D.As the market shows continued caution staring into the face of a bear flag on the one-day time frame. Please exercise caution as the bottom is anyone's guess!
Not trading advice... Please DYOR!
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
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