ENJIN ON DAILY TIMEFRAMEThis is how I see BINANCE:ENJUSDT on the daily timeframe. Nothing has changed from the previous post on weekly timeframe, the bullish bias remains the same for now till otherwise.
PREVIOUS ANALYSIS
OTHER ANALYSIS
ENJUSDT trade ideas
#ENJ/USDT#ENJ
The price is trading in a large descending triangle
About a year and a half ago at the level of 0.2150.
There are bearish reversal triangle patterns inside the large bearish triangle
Finally, the falling trend was broken and the rise began
Expected goals: 0.5800 From the current price 0.2600
Which represents 200% of the current price
All of this is backed by a big volume rally
ENJIN (ENJ) JOINING THE ALT SEASON PARTY
I should have posted this earlier, but didn't have the chance however it is not too late because from the current price to the wave 5-yellow target is a 100% potential. Price action is solid, the coherence between volatility and volume on the relative strength index and chart is strong as well.
Based on Elliott wave theory this spike up could definitely be the wave 3 of an impulse that could take price to $1.5.
Whatever decision you make have it in mind that this is an accumulation phase for a mid to long term gain. Be wise, do not go all in like a degenerate, delegate your portfolio and DCA for the ALT SEASON that has already began but still at the early stage.
OTHER ANALYSIS
ENJ PODE CORRIGIR AFIM DE PEGAR IMPULSOENJ atinge todos os alvos espelhado da perna de correção de Dezembro - 23 à Janeiro - 24. Podendo realizar agra uma correção até região dos 0.4200.
Essa correção pode caracterizar a onda 4 (Possivel lateralização pré rompimento de MM200).
Forte alvo possível para onda 5 em região de 0.9480 - 1.1100.
#ENJ/USDT is rejecting from the Diagonal Trendline in 4-Hour TF!#ENJ/USDT is rejecting from the Diagonal Trendline in 4-Hour TF!
NYSE:ENJ looks heavy and looking good for short position. The local resistance level is PDH $0.55 and the local support level is $0.496-$0.469. #ENJUSDT needs to hold this level to gain bullish momentum.
$ENJ #EnjoinCoin Trading IdeaENJ EnjoinCoin struggles to break through its massive resistance zone to be able to move forward. Full send after a breakout. The next target could be $1.2818. All the juices are on a bigger timeframe.
#ENJ#ENJ
ENJ, the native token of the Enjin gaming ecosystem, is poised for a breakout, according to technical analysts. The cryptocurrency has formed a falling wedge pattern, which is a bullish reversal pattern. If ENJ breaks out of the wedge, it could rally to $.8 in the near term.
ENJ/USDT planning bullish ride from support| 🚀ENJ Analysis💎 Paradisers, take note #ENJUSDT is on the move, breaking past resistance and setting the stage for a bullish trajectory. A successful retest turning resistance into support could confirm a strong bullish push past the $1.0165 resistance level.
💎 On the flip side, if $ENJIN upward momentum falters and it dips below the $0.5464 support, our focus shifts to the lower support at $0.4240. The rich liquidity at this level presents an opportunity for a powerful bullish strategy upon contact.
💎 Vigilance is crucial: a breach below this secondary support could signal a deeper dive as market sentiment leans towards selling. Stay alert, traders, as we navigate #ENJ's market dynamics.
ENJUSDT long after flat diviationLooks like a flat with diviation and EQH. Trying to take long from full fill gap on 15/30m and take on highs swip
ENJUSDT: Poised for a Breakout - Entry, Stop-loss, and Target LeENJUSDT is currently in an upward trend and has the potential to experience significant growth if it breaks above this region.
Entry point: $0.6667
Stop-loss: $0.6546
Target: $0.7368
Due to the high risk associated with the market, consider taking profits at $0.6910 and holding the remaining position until the target is reached.
To confirm entry, you can utilize the RSI (Relative Strength Index) indicator. A closing value above 58.18 on the 1-hour timeframe can serve as confirmation.
Market sentiment remains bullish for ENJUSDT, with an 88% positive sentiment.
The Fear & Greed Index stands at 82, indicating "Extreme Greed."
This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research before making any trading decisions
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ENJ/USDT Breakout the Key area, Indicating Bullish Momentum!💎 ENJ has recently encountered significant market dynamics. Currently, ENJ has successfully broken above the supply area.
💎There may be a retesting phase at the demand area, which was previously the supply area, before continuing its upward movement and possibly reaching our target area.
💎 During the retesting phase, it is crucial for ENJ to bounce from the demand area if it wants to sustain its upward movement. However, if ENJ fails to maintain the demand area, there is a possibility of a breakdown below the support area, leading to a return to lower price levels.
💎 At the support area, it is imperative for ENJ to bounce and reclaim the area above the resistance for continued upward movement. Failure to do so could signal a bearish trend for ENJ, potentially leading to further downward movement in price.
Currency analysis #ENJAccording to the previous analysis, she touched 4 targets and is currently registering her last target, so far she has given 200% interest and has up to 50% more.
#ENJ 100%Soon you will see this price pumping higher
It took a lot of time
The time has come now
Just wait 30 days or less
Enjin 0.61 Hello Korea and Gaming Metaverse i think this will be the driver for metaverse as Koreans are so serious in gaming and have been very active in the crypto
those Korean movies are so intense and epic this should be as intense as well
ENJUSDT 3D LONG📈Hello everyone. Timeframe 3 days. ENJUSDT is at strong support and has formed a triangle. The output can be strong. I am considering going long on a breakout/retest of a trend line. Marked goals and levels.
ENJUSDT IDEAHey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about ENJ
ENJ Moving Exactly As Expected & Running In +70% Profit So Far Still Have Long Way To Go
ENJ ROADMAPFirst of all, pay attention to the time frame. The time frame is big and time consuming.
Our big triangle starts from where we wrote "start" on the chart.
After the E wave ends and the triangle pattern is completed, we see a diamond diametric.
We now seem to be in the middle of wave E of this triangle.
Do not enter the position without confirmation and trigger and capital management.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
$enj trading plan 2hello everyone,
our first trading went awesome. I can tell it did its bull run for now. after a pullback Im planing to buy some. pls check the chart for prices.
ENJ Coin ARE YOU READY , Please take a seat and watchIf we break area 1 be ready for price explode and enjoy nice profit cheers , please follow me to get my analysis notifications
ENJ/USDT Could ENJ break the pattern or downward to the demand??💎 ENJ has recently experienced significant developments in the market. Currently, there's potential for ENJ to reach the demand and initiate an upward movement.
💎 However, if ENJ breaks the pattern without a retest at the demand, it may undergo upward momentum, targeting the supply area. A successful breakout of the supply area, probability could lead to an easy movement toward our target on the bearish OB.
💎 On the contrary, if ENJ fails to break out of the pattern, there's a likelihood of continued downward movement. Retesting the demand area becomes crucial for ENJ to gain momentum, break the pattern, and resume its upward trajectory.
💎 In the scenario where ENJ doesn't exhibit a positive response at the demand, lacking a bounce or favorable candle formations, it raises concerns about losing demand. This bearish momentum could lead ENJ to continue its downward trajectory, revisiting the bottom support levels.
