Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about ENJ
ENJ Trend Line Breaking out in 2D Timeframe✅
Expecting Massive Bullish Wave📈
#ENJUSDT
UPDATE
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about ENJ
ENJ has breaked the main Falling Wedge pattern and getting a good bounce from this support . We can see gain here upto 50%+ soon✍
ENJ after the pullback can continue the uptrend. It might get rejected from 0.3200 and continue to go up.
🔵Entry Zone 0.3086 - 0.3201
🔴SL 0.2902
🟢TP1 0.3455
🟢TP2 0.3709
🟢TP3 0.3975
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not...
Enjin is a major platform for creating online gaming communities. It supports thousands of different games, and the total number of players in the communities already exceeds 20 million.
Against the backdrop of the growing demand for NFTs and blockchain games, the project's token has significantly appreciated, becoming one of the most sought-after products in the...
💎 Paradisers, take note of #ENJUSDT as it showcases a noteworthy pattern, securely positioned at an essential demand level, signaling the possibility of a bullish turn.
💎 In reviewing #ENJIN's recent movements, a pattern of descending to new lows has been observed, indicating a bearish trend. Yet, it's important to highlight that prior to this, ENJ was tracing an...
Welcome to the Spatial Computing Narrative!!!
Enjin Coin (ENJ) is the native token of the Enjin ecosystem. Built on the Ethereum blockchain and compatible with multiple gaming platforms, the Enjin Coin is an ERC-20 token that allows the in-game items created on the platform to be traded with real-world value. The ENJ token has a maximum supply of 1 billion coins.
Enj is around 30% down from recent highs. This can be a good entry point at 0.3. As gaming coins have a huge potential in this bull run, if ENJ goes back to its all time high it will be a 15x from this point. This is a long term hold til 2025.
Price is overall moving in an uptrend and it recently left an area of equal lows at $0.36 where it had moved up from. MACD is showing some bearish momentum, RSI is neutral and EMAs are bullish. Price is expected to liquidate the equal lows and tap into the discounted 8h demand zone before continuing its upward movements towards the daily supply around $0.44.
1. Currently, the coin is within this ascending channel, and we are anticipating a breakout for a potential trade.
2. A robust upward movement is expected at the moment.
✅ Stay updated on market news and developments that may influence the price of Enjin. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and...
From where I inserted START on the chart, it looks like a large degree triangle has ended. It seems that we have an ascending diametric.
Price is pulling back down to test the FLIP range. In the green range, you can buy/long position.
The targets are clear on the chart.Closing 1 4-hour candle below the invalidation level will violate the analysis
For risk...
