We've successfully reached the initial target I previously mentioned (100% extension at 0.264), but an important observation is the lack of RSI divergence. This suggests the likelihood of experiencing another downward movement. I'm considering the possibility that wave 4 might still be in progress. However, it's important to note that my analysis remains...
Digital assets in the form of NFT's will become extremely important / popular over the course of the next two decades. With the gaming sector continuously growing, and the introduction of NFT's as gaming assets, I believe ENJ will serve an integral part of the upcoming digital asset gaming economy. Accumulation time is in.
We already have a leveraged trade for Enjin Coin, is active, valid and already in the green... This trade I shared a while back and consolidation has been taking a while. It is getting closer to the big move, the bullish breakout, so I thought that a reminder would be nice, great timing. The targets can be seen on the chart. You can define your own risk,...
Looking at Crypto. There is a nice ascending triangle forming in Enjin against USDT. With a price of 0.30 as entry and target 1 as 0.38 it would be a nice little 26% pickup with no leverage people. I would put a stop around that 0.2790 level In this market you need to minimise your downside Price = 0.3066 Target = 0.38 then re-evaluate based on RSI when you...
YO! check out the volume profile visible range indicator! IN @ 0.304 & OUT @ 1.20 a 300% + move! ARE U READY!
I got in @ $0.304 and out around $0.369 a 21% move! ENJ will RISE!
I will get in around 0.282 out around 0.37 a measured move 31% smokey smokey lol
Hi Traders ENJUSD (Daily Timeframe) Waiting for the upward break of 0.3364 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.2664 would cancel the bullish scenario. Trade details Entry: 0.3364 Stop loss: 0.2664 Take profit 1: 0.3796 Take profit 2: 0.4496 Score: 6 Strategy: Bullish reversal
I initial shared this one 23-June but the chart setup, which is the important part, is just as good today... Just that the wait would be shorter. Enjin Coin (ENJUSD) | We have all the classic bullish signals: - The RSI bullish even though prices are really low. - Trading above EMA10 with a full green candle. - The 1,2,3,4 Steps Pattern - And the long-term higher...
Let's look at it differently for Enjin Coin. We have the same lower low vs higher low situation described in previous trade ideas; The candle wick, June '23 vs Dec '22, ended in a lower low while the candle closure is higher. And we made sure to mention that the candle closure, the daily/session close, is more important/relevant than the candle wick. Since we...
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
🚨 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 📉💰
Gaming/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
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...
Hi 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: 0.468 Score: 7 Strategy: Bullish breakout
It is expected to rise to the shaded area, including the beginning of a new discharge
#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
#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.