🚀ENJUSDT Inverse Head & Shoulders: Major Reversal on the Way?💎 Paradisers, #ENJUSDT has formed an inverse head and shoulders pattern, enhancing the probability of a reversal from here.
💎 Currently, if #ENJ closes a candle above the resistance zone, it will validate the pattern, and we can expect a move up to the next resistance levels. Additionally, there's
ENJ "Frenzy Time: Seize the Opportunity for Wealth!"Enjin Coin (ENJ): Short Fundamentals, Recent News, and Disclaimer
Fundamentals:
Enjin (ENJ): A cryptocurrency used on the Enjin platform for creating and managing virtual goods within video games and other blockchain applications.
Launched: June 2018.
Market Cap: ~$2.4 billion (as of Feb 23, 2024).
Bearish Breakout Confirm:- ENJUSDT ??Trade setup:
Bearish breakout from Sideways Channel ($0.50 - $0.75) confirms Downtrend. Price could revisit $0.40
support, which was the prior low from June. set a price alert).
Trend:
Downtrend across all time horizons (Short- Medium- and Long-Term)
Momentum :
is Mixed as MACD Line is above M
ENJUSDT Falling wedge pattern Before Breakoutfalling wedge pattern detected in 4-Hour TF
In 4-hour time frame we can see perfect falling wedge pattern that may break any time. There is high chance of breaking the channel in upper direction but still not confirmed, so it's a good idea to wait for breakout and confirmation .
Condition: If 4-
💡Don't miss the great buy opportunity in ENJUSDT @enjinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.530).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ENJUSDT is in a range bound, and the beginning of an uptrend is expec
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related pairs
Frequently Asked Questions
The current price of Enjin Coin / TetherUS (ENJ) is 0.0881 USDT — it has fallen −6.89% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ENJ price chart.
Enjin Coin / TetherUS price has risen by 20.11% over the last week, its month performance shows a 38.70% increase, and as for the last year, Enjin Coin / TetherUS has decreased by −70.56%. See more dynamics on ENJ price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Enjin Coin / TetherUS (ENJ) reached its highest price on Nov 25, 2021 — it amounted to 4.8450 USDT. Find more insights on the ENJ price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Enjin Coin / TetherUS (ENJ) reached the lowest price of 0.0322 USDT on Mar 13, 2020. View more Enjin Coin / TetherUS dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying ENJ is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ENJ right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Enjin Coin / TetherUS (ENJ): today its technical analysis shows the neutral signal, and according to the 1 week rating ENJ shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Enjin Coin / TetherUS trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Enjin Coin / TetherUS (ENJ) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Enjin Coin / TetherUS is estimated as 8.77% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Enjin Coin / TetherUS, you can find more inspiration in our curated watchlists.
You can discuss Enjin Coin / TetherUS (ENJ) with other users in our public chats, Minds or in the comments to Ideas.