We were bullish on ENJ and took a small loss just below 40c, now the opportunity has presented itself again.
Enjin is moving in an ascending, wide channel. Recently, the harmonic pattern ended, and ENJ broke the downtrend line too. Then ENJ reached the bottom of the channel and bounced off it. Let's hope ENJ breaks the minor downtrend line and see what happens.
We gave you a +100% trade set up with the perfect exit to the cent for ENJ. Now we're showing you the opportunity to buy at a 40% discount from that same exit. Above 40 we're accumulating, the closer you are to 40c the more you can manage your risk.
There's speculation about the end of the current bull run in August, with uncertain prospects of either a bust or a boom. ENJ (Enjin Coin) appears to be following a Wyckoff accumulation pattern, indicating potential accumulation by institutional investors before a possible upward price movement. While it's unlikely ENJ will reach the peaks of the previous bull...
We entered this trade in the community over a week ago. We are sharing this now because a break above the 40c level would give an opportunity for a second entry at a backtest of this level. I'd simply add it to my watchlist and have a notification set for a breakout, if a backtest happens you can take a long there. We will post a backtest trade if there is a...
It could be a new beginnings in the next few days and weeks for many Alts that DON'T ride the coat tails on the strength of BTC. Take ENJUSD and ZILBTC example on the weekly. Whales have already moved in for the Krill. We can see in the past where price had trouble breaking before it went ballistic, now we see price approaching into the same area on strength...
I think end will up to 1.3 the fist target is 0.7 BINANCE:ENJUSD I think it will bake to the all high maybe same month
ENJ has been in a downtrend for almost 645 days, could this be the time it finally breaks it or it could be just a deviation? What do you think?
Hi Traders ENJUSD (Daily Timeframe) Waiting for the upward break of 0.2989 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.2712 would cancel the bullish scenario. Trade details Entry: 0.2989 Stop loss: 0.2712 Take profit 1: 0.3160 Take profit 2: 0.3436 Score: 6 Strategy: Bullish reversal
Enjin is a software that gives developers the ability to create and manage virtual goods on the Ethereum blockchain. The idea is that by using blockchain technology to manage in-game items across many different properties, Enjin can help reduce the high fees and fraud that have plagued the transfer of virtual in-game goods and collectables. Toward that goal, Enjin...
Let me tell you why I will only give you ten reason why Gamification (not p2e) is the new narrative next year, it will foreshadow something that is big for 2025 to make a great comeback for p2e games. 1. Gaming is a $200B+ industry primed for NFT and blockchain disruption enabling true ownership of in-game assets. 2. High demand for using real-world IP from...
Beautiful parallel channel for ENJ. Another perfect example of Wycoff's methods. Getting ready for a great bull run!
Hi Traders ENJUSD (4H Timeframe) A medium-high probability, entry signal to go LONG will be given with the upward break of 0.337 after the market found support at 0.305. Only the downward break of 0.305 would cancel the bullish scenario. Trade details Entry: 0.337 Stop loss: 0.305 Take profit 1: 0.417 Take profit 2: 0.486 Score: 8 Strategy: Bullish wave LTF
ENJUSD broke out of a 2.5 year pennant after hitting strong support and is continuing up. I love this long here.
Hi Traders ENJUSD (1H Timeframe) A high probability, entry signal to go LONG will be given with the upward break of 0.3253 after the market found support at 0.3070. Only the downward break of 0.3070 would cancel the bullish scenario. Trade details Entry: 0.3253 Stop loss: 0.3070 Take profit 1: 0.3509 Take profit 2: 0.3780 Score: 8 Strategy: Bullish wave We2
Enjin Coin (ENJUSD) broke last week above the top (Lower Highs trend-line) of the Descending Triangle pattern that has been in effect throughout the whole year. This is a major bullish break-out signal and despite the rejection on the 1D MA50 (blue trend-line), the price action being similar to the June fractal, provides a strong short-term buy opportunity. Even...
On the hour chart the trend started on August 20 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 0.21 But we should not forget about SL = 0.248 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelieveInTrading