Efinity falling wedge breakout targets.
* The purpose of my graphic drawings is purely educational.
* Never take my personal opinions as investment advice, you may lose money.
Hey fellow analysts, EFI has had a fascinating 100% run in the past month. It broke some significant resistances on its way up which fueled its short-term rally. Time for some serious correction to cement future growth, eh? :-)
As you can see on the chart, EFI broke out of the fallng wedge that formed after the significant price drop from it ATH levels. This is...
EFI Fundamentals are good, the team behind the project is solid.
T.A is showing a good opportunity on Efinity..
Entry between 0.33 & 0.38
STOPLOSS 1 DAY CLOSE BELOW 0.32
Tp1 0.54
Tp2 0.62
Tp3 0.69
Never use more than 5% of your portfolio on a trade.
I love EFI token, will it moon? no idea
but Microsoft just bough the worlds second biggest game company,
Microsoft work with ENJIN
ENJIN launched EFI efinity
and it's a gaming NFT blockchain..
I'm buying loads of it
DYOR
Fibonacci spirals could show us trend reversal points.
I will be watching the trend reversal in the middle of February and i hope uptrend will start with great momentum.
Let's see what is going to happen.
Not an investment idea. I just wanted to share my opinion.
Hello traders
EFIUSDT is interesting when it's cheap.
In last 14 days, we experiencing -%40.
IMO we can see new high for this pair.
Efinity is the world's cross-chain NFT blockchain.
Powered by the deflationary Efinity Token (EFI),
the network is environmentally friendly, scalable,
and built for games, apps, enterprises, and
creators to deliver their own...
Efinity is in a good channel right now. I expect a bounce from ~1.50$ level. And hopefully it will reach 2.6-2.7 area in next few weeks. So im a buyer here.
#EFI held the Fibonacci retracement 0.382 level and also bounced off the multi-month mirror level. Bullish movement to Fibonacci 1.272 level is likely to happen next .
Hello, i was an $ENJ investor. Efi is a project that ENJ team is working on it. So i really believe in this project. My goal is buying EFI from <1.40$ and maybe <1.26$
Patience is the key.
Efinity formed a descending triangle. Usually a bearish pattern. But it breakout two weeks ago with a low volume. Yesterday, EFI then tested the strong support line again at around 0.70$, and then successfully bounced with a metaverse hype all the way to the 1,22$. The ideal entry would be at the support line - at around 0.70$. So you can wait for this to happen,...
I have been long awaiting the launch of Efinity
I can't attest to what will happen with price action in the short term, but long term ENJIN and its surrounding ecosystems are posed to take over the NFT and Gaming crypto space.
Do your own due diligence and research into what ENJIN is building here with launch of Efinity and Jumpnet.
Small piece of information...
Efinity is one of Coinlist's newest projects to be released. A purpose built chain for NFT's destined for Polkadot at some point, I'm guessing they will try and get a parachain slot in the upcoming auctions. This chain is built by the team over at Enjin which are responsible for much of the NFT token standards currently pumping pixelated jpgs.
Overall seems...
