Enjin Coin (HitBTC: ENJUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, ENJ began a wave one advance in November 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in March this year, and the red wave two (blue sub-waves a-b-c) correction ended in November. If this wave count is correct, ENJ should be heading next towards the March 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).
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Enjin offers an ecosystem of integrated products for managing, exploring, distributing, and integrating blockchain assets. BlockchainBrad interviewed Enjin Co-Founder & CTO in October this year.
(Sources: https://enjin.io/)How Will Enjin Coin Trade?
Enjin Coin (HitBTC: ENJUSD) weekly 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.
Answer the question at dpoll.xyz.
