Enjin Coin (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, Enjin Coin began a wave one advance on November 3, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 5 this year, and the red wave two (blue sub-waves a-b-c) correction ended on April 7. If this wave count is correct, Enjin Coin should be heading next towards the January 5 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Enjin Coin is a customizable cryptocurrency and virtual goods platform for gaming. Hardly Difficult published a coin review on May 7.
(Sources: https://enjincoin.io/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Enjin Coin will takeout the January 5 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Enjin Coin will drop below the April 7 low".
If you think Enjin Coin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Enjin Coin will stay in a trading range between the April 7 low and the January 5 peak until June 18".
You can upvote the comment until 3 PM EST May 16 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
Bonus
I will be sending one Trophy Token (@trophy-token) to everyone who manages to get these crypto contests right seven times in a row. If/when you accomplish this, please contact me at Steemit Chat with your BitShares address.
Enjin Coin will takeout the January 5 peak (22 voters as of 3 PM EST May 16: bleujay, steemquestions, bentleycapital, allyouneedtoknow, sanjay91422, bxlphabet, ace108, fitinfun, dirty.hera, me-do, reconnectnature, komischername, koskl, barbadosso, mister.green, carlosdaniel, portillo, kunschj, faroel, stalexmkl, cosminblaga, easymoney202).
Enjin Coin will stay in a trading range between the April 7 low and the January 5 peak until June 18 (34 voters as of 3 PM EST May 16: positivebalances, gregory-f, revelationquotes, soundmoney, sukhothai, simonjay, glennolua, misalen, mgood, jznsamuel, rothberg, flemingfarm, lucasgabd, steem-d-anlovnit, cryptotem, starline, maverick0524, diogosantos, qmarpot, mirda, richard78624, toofasteddie, nicolaepavelean, coolthings, galasek, nordina, utkarshvarma, mihail.tsvetkov, andy23, mitrado, ragnaros, criptorafa, askeb, heidelbaer).
Enjin Coin will drop below the April 7 low (8 voters as of 3 PM EST May 16: sqlinsix, skepticology, steemit.nemesis, vicspics, tzap90, catchup, sporttr, photo-moment).
You won.
Enjin Coin will fall below the minimum at any time, it is very limiting to control and may completely lose the reason