Crypto Contest July 4: Enjin Coin

in #blockchain6 years ago

Enjin Coin (HitBTC: ENJUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, ENJ began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 28, and the red wave two (blue sub-waves a-b-c) correction ended on June 27. If this wave count is correct, ENJ should be heading next towards the May 28 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Zooming out in the weekly chart, I believe ENJ is currently in the red wave three (blue sub-wave iii). The blue sub-wave iii began on March 13.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Enjin Coin is an Ethereum-based cryptocurrency used to directly back the value of "next-generation" blockchain assets. Coin Bureau reviewed the token three months ago.

(Sources: https://enjin.io/)

How Will Enjin Coin Trade?

Enjin Coin (HitBTC: ENJUSD) daily chart by Tradingview.

(Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

ENJ will takeout the May 28 peak

ENJ will drop below the May 10 low

ENJ will stay in a trading range between the May 10 low and the May 28 peak until August 9

Sort:  

ENJ will stay in a trading range between the May 10 low and the May 28 peak until August 9

Hello to all the steemers participating in this contest...

First of all I want to thank you for buying some more time & taking part in the contest, it's encouraging to see you fighting for crypto adoption and that's so thrilling and for that I have decided to tip the winners of today's contest.

@maarnio you know how we get down. just drop the names of the winners and I will tip all of them.

More giveaways & sponsorships coming your way, I will try my best to tip the winners of the contests held daily by our kind buddy @maarnio so we can engage more and create awareness on crypto adoption.
Till then, see ya at the finish line.

Universal crypto tipper, donor & sponsor

Tony.

$trdo

Here are the winners:
novelcoronavirus, steem-d-anlovnit, simonjay, dine77, yorra, eii, siphon, vaco, diogosantos, hn13, coruna, moneyandmoney, calg, futurra

here are the tips to the winners plus a double bonus tip to the contest holder 👍

IMG_20200817_211952.jpg

Congratulations @tonytrillions, you successfuly trended the post shared by @maarnio!
@maarnio will receive 0.00039488 TRDO & @tonytrillions will get 0.00026325 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

ENJ will stay in a trading range between the May 10 low and the May 28 peak until August 9

ENJ will takeout the May 28 peak

ENJ will takeout the May 28 peak

ENJ will drop below the May 10 low

ENJ will stay in a trading range between the May 10 low and the May 28 peak until August 9

ENJ will stay in a trading range between the May 10 low and the May 28 peak until August 9

ENJ will takeout the May 28 peak

ENJ will stay in a trading range between the May 10 low and the May 28 peak until August 9

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.096
BTC 64688.63
ETH 1883.70
USDT 1.00
SBD 0.38