Hi Traders,
We are looking at the 4 hour graph of Enjin/USD
It could be possible that we have just seen the third wave of the Elliot Wave theory. Currently in a consolidation fase as we can see from the falling wedge, which is a healthy sign. If the Elliot Wave is indeed forming, we will see another move up.
Furthermore, the non fungible token (NFT) industry is very hyped now. Digital things are being sold as never before and it's getting quite some attention online.
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
If we are on the verge of a new hype which is here to stay, then buckle up. According to PWC, the gaming and esports sector has prospered during the pandemic with the market expected to grow 7% over the next four years.
This is not financial advice, I am not a financial advisor.
We are looking at the 4 hour graph of Enjin/USD
It could be possible that we have just seen the third wave of the Elliot Wave theory. Currently in a consolidation fase as we can see from the falling wedge, which is a healthy sign. If the Elliot Wave is indeed forming, we will see another move up.
Furthermore, the non fungible token (NFT) industry is very hyped now. Digital things are being sold as never before and it's getting quite some attention online.
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
If we are on the verge of a new hype which is here to stay, then buckle up. According to PWC, the gaming and esports sector has prospered during the pandemic with the market expected to grow 7% over the next four years.
This is not financial advice, I am not a financial advisor.
Comment:
target: $2,13 (0,618 FIB range)