Market insights
₿ ENJUSDT 1D ₿ : 29.Oct.2021 (Update)52% Profit after 2 weeks ... Also, the price has been successful in breaking the static resistance and is still advancing ...
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 29.Oct.2021
⚠️(DYOR)
ENJ 1D : WEEKLY W PATTERN INCREADIBLEHello Everyone, If You Like The Idea You Can Support With A Like And Comment .
Keep In Mind ❗
🔴 Purple structure -> Weekly Structure
🟢 Green structure -> Daily Structure.
⚫️ Grey structure -> 4h Structure.
🟡 Yellow structure -> <4h Structure.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
ENJ BreakoutENJ/USDT
1D/8H
ENJ has broken out of a symmetrical contracting triangle on the daily having initially rejected off the upper structure within daily supply and creating a falling wedge reversal triangle that created a new higher high and higher low and started a new uptrend. We rejected off the daily supply with a rejection wick on both the 1D and 8H and consolidated below mitigating the sell side pressure above before continuing its upwards move breaking out nicely with little sell side pressure and supporting volume. Momentum on the MADC daily still showing healthy upwards motion as we cross the centrline and volume increases whilst the histogram remains bullish.
Expecting a continuation into the 1.272 fib and into the next level of daily supply where a reaction is expected.
We don’t predict, we react to what the market is showing us.
ENJUsdt gaming ecosystem for profitENJ i before analyse i think now break trend resistance line and can big move little patient for pullback after that entry position
gl
Entry Point:
1.873
Supports:
1.735
1.554
1.214
0.993
Resistance:
2.263
Targets:
2.951
4.305
6.963
For HODL:
12.852
17.687
28.002
GL
ENJUSDT Technical Analysis⏳ Spot
💎 ENJUSDT has formed an ascending channel and the price has been making HHs and HLs. After several green candles we might see a Pullback before the price continues the move in the channel
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.700 - 1.780
☕️ TP1 2.000
🍺 TP2 2.280
🍻 TP3 2.510
🍾 TP4 2.800
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 1.555
Good Luck 🎲
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enjiusdtenji is still holding above that resistance line i mention a few days back, but got rejected at main downtrendline, which i didnt see, until now, i think as long as enj stay above that line around 1.72 it should try and break resistance, stop loss should be moved to around that level yo break even if this coin crashes for whatever reason.
ENJ CHART ANALYSIS UPDATEENJ broke the trend and also got past the resistance around 1.7$
Personally, I bought some when we broke the trend.
I expect it to go to the next resistance level at 2.05$ in the next few hours/days.
If we do break the next resistance level, then I think we can see a new ATH for ENJ in the next few weeks.
Personally, I am aiming at these targets.
TP1: 4$ I take 50% profit
TP2: 7$ I take 25% profit
TP3: 10$ I take 25% profit
This is not a financial advice, I look for long term benefit it's my strategy.
ENJUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 2.5 and 2.7
after first target reached move ur stop to breakeven
stop: ~2 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3.5
Good luck everyone!
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