ENJ CAN BLAST SOON #ENJ Trade Line Breakout Going On & #ENJ Have 50 EMA Strong Support So #Enj Can Blast Any Time
Enjin
ENJ: Going to make an AHT? 70% profit!The previous resistance is now working as support!
The triangle has broken out and retested!
Just look at the nice bull flag!
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ENJ/BTC: Higher Lows, Looking for Further Momentum 2D (Aug. 13)X Force Global Analysis:
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In this analysis, we look at Enjin Coin's (ENJ) 2 day chart, identifying key trend lines and areas of support.
Analysis
- ENJ has been creating higher lows and higher highs, until recently it has had a corrective trend
- Prices bounced on historical support, marked by the blue area
- It is currently trading below the 0.382 Fibonacci resistance, and has tested the 0.618 resistance with a wick
- However, as the overall trend is bullish, we could expect further bullish price movement from ENJ
What We Believe
Given that Bitcoin ranges sideways for a while, Bitcoin dominance will drop accordingly, providing opportunities for a bullish altcoin market. The overall cryptocurrency market is bullish, just as ENJ's overall trend.
Let us know what you think in the comment section below
Trade Safe.
ENJIN breaks key resistance. Parabolic moveENJIN clears 0.21 cents and this major resistance zone, this is a VERY GOOD sign. As long as it stays over on the weekly, this looks primed to make a parabolic move. The chart looks very similar to LINK and LEND. Simply put I’m expecting ATHs for ENJ and a major move up over the coming weeks / months. Patience
Are we there yet?There is a chance that 100 daily MA is now acting as support. It could take a couple days to confirm a clear bounce. It is also possible to see a drop to 200 MA. Might be ideal to wait and confirm 100 MA.
Ready to break outThe price of ENJ has mostly been going sideways since may. RSI and Stoch RSI might be signaling reversal. If price can stay above purple line it's possible that will act as a higher low.
Substantial retracement here definitely ideal to stay above 0.236 Fib level.
The last rally saw 400% gains
An interesting pair ENJINENJ/BTC and ENJ/ETH
Both forming H&S patterns
Could a hidden truth be possibly found within these pairs structure, regarding ethereums decoupling from bitcoin?
Comment below if you spot anything or if im just an ETH fanboy
A chart for the USD pair
I recently added more of this coin!
ENJIN Long IdeaA few rising wedges have formed, along with a falling wedge that led to a large break to the upside of the major rising wedge
looking for a breakdown of this current price structure into a H&S pattern to the bottom of the wedge, this is the best opportunity for long.
Its also a good opportunity to go long at the middle of the wedge trend, i have listed this point.
Forming a H&S on the BTC pair so it seems appropriate to form a H&S pattern on the USD pair
I am long this project
ENJIN Head and Shoulders FormingHead and shoulders formation
It could go parabolic and break the formation
Here is where i first identified the H&S
ENJ 18 JULYWE ARE IN NICE BULLISH CHANNEL AFTER DUMP TO ICHI CLOUD ENJ START GROW UP TO TOP OF THE CHANNEL.
Enjin Bounces of Ascending Channel Support - Buy OpportunityI really like this set up for Enjin vs BTC. The price action has been moving within this ascending channel since 2019 and recently confirmed support, giving us a nice bullish continuation setup. I outlined an inverse head and shoulders set up in green. It actually looks like we already broke the neckline and completed the pattern, but the price has returned back to the neckline which gives us a second chance to buy some before lift off. The MACD is bullish, holding above the zeroline with a near cross over the signal line. I'm long here! Look for resistance at the top of the channel, but don't be surprised if we bust right through it.
NEXT LEND IS #ENJ BTC ???#ENJ Currently Trading at last 4 months Support Line and trying to break last 16 months trade line After that #ENJ Have a major Resistance , where #ENJ Rejected 10-15 time to break this resistance . After Breakout of This Resistance I m fully Bullish for #ENJ .
Bull continuation ENJINENJINBTC
Forming a H&S within a broadening wedge
A scythe can also be seen
The scythe pattern
ENJIN Alligator AnalysisENJIN analysis
Alligator is opening up bullishly
Similar price action can be seen in green boxes (1)
Go long!
Enjin LongGoing long on Enjin
A large symmetrical triangle has formed
Similar to augur in many ways
A cup and handle is possibly also forming
#Enjin $ENJAnticipating breakout soon through descending TL. This should hold above lower TL and then target upper TL post-breakout.
Stoch RSI looking for a reset here. Potential support on RSI trend as well.
ENJ/USD- Retesting Break - Potential Entry IdeaENJ broke briefly from trend and is now retesting original break price.
I'd like to see a candle close above resistance before taking a position here and will be running a reasonably tight SL.
Target will be 20% from break if confirmed.
Alternate entry at the lower end of the channel or lower support line.
As always not financial advice, just thoughts and TA.
Bingaz
Easy Loot | $ENJ/ETH Weekly TradeBINANCE:ENJETH | Estimated Time: 2 Weeks
Snipe Entry: 68202
Fomo Entry: 69802
Easy Loot Target: 75577
Target: 79970
Stop-Loss: 68104
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