Crypto Contest August 27: Enecuum

in blockchain •  4 years ago 

Enecuum (KuCoin: ENQUSDT) 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, ENQ began a red wave one advance on April 21. The red wave one finished on June 14, and the red wave two correction ended on June 21. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on July 30, and the red wave four (blue sub-waves a-b-c) correction ended on August 22. If this wave count is correct, ENQ should be heading next towards the July 30 peak in the red wave five.

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

Funnymentals

Enecuum is a mobile blockchain protocol for decentralized Web 3.0 applications. You can watch their August AMA below. Their main net will launch on August 28.

(Sources: https://enecuum.com/)

How Will Enecuum Trade?

Enecuum (KuCoin: ENQUSDT) 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.

ENQ will takeout the July 30 peak

ENQ will drop below the June 21 low

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

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ENQ will takeout the July 30 peak

ENQ will takeout the July 30 peak

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

Correct. Upvoted your comment:
https://steemit.com/blockchain/@blackyear/qhgrkk

ENQ will takeout the July 30 peak

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

Correct. Upvoted your comment:
https://steemit.com/blockchain/@calg/qhgrsh

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

Correct. Upvoted your comment:
https://steemit.com/blockchain/@coruna/qhgrnv

ENQ will drop below the June 21 low

ENQ will takeout the July 30 peak

ENQ will drop below the June 21 low

ENQ will drop below the June 21 low

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

Correct. Upvoted your comment:
https://steemit.com/blockchain/@faki/qhgsfy

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

ENQ will drop below the June 21 low

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

Correct. Upvoted your comment:
https://steemit.com/blockchain/@gretna/qh91vy

ENQ will takeout the July 30 peak

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

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ENQ will drop below the June 21 low

  ·  4 years ago 

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ENQ will takeout the July 30 peak

ENQ permanecerá en un rango de negociación entre el mínimo del 21 de junio y el pico del 30 de julio hasta el 2 de octubre

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

Correct. Upvoted your comment:
https://steemit.com/blockchain/@stnr/qh91mf

ENQ will takeout the July 30 peak

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ENQ will takeout the July 30 peak

ENQ will takeout the July 30 peak

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

Correct. Upvoted your comment:
https://steemit.com/blockchain/@m29/qh91em

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

ENQ will drop below the June 21 low

ENQ will drop below the June 21 low

ENQ will drop below the June 21 low

ENQ will drop below the June 21 low

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

Correct. Upvoted your comment:
https://steemit.com/blockchain/@futurra/qhgsg0

ENQ will takeout the July 30 peak

ENQ will drop below the June 21 low

ENQ will takeout the July 30 peak

ENQ will takeout the July 30 peak

ENQ will takeout the July 30 peak

ENQ will takeout the July 30 peak

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

ENQ will stay in a trading range between the June 21 low and the July 30 peak until October 2

$rewarding 77

ENQ will drop below the June 21 low

ENQ will takeout the July 30 peak

ENQ will drop below the June 21 low

ENQ will takeout the July 30 peak

ENQ will takeout the July 30 peak