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Enzyme

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MLNUSD trade ideas

MLN 600 to 1000%+ in the short/mid termEnzyme is very low cap coin dated back to 2017 bullrun and it has superb chart. There are only 1.4/2.66M tokens in the market. First of all you can see that every 900-1200 days MLN faces strong bullish momentum. Price broke up falling wedge at the beginning of december and trading above trend line (same behavior as in year 2020. At the same time RSI moved higher 50 lvl and trading above it. There was fakeout in feb. 2024 when price did not find support above the trend line (only wicks) but now whole candle body is trend line. This breakout is legit. Targets: 1. At least to 2021 levels - 180$; 2. Until 2017 levels at 250$; 3. If we are lucky 280-300$.
KRAKEN:MLNUSDLong
by fugasok
3
MLN getting ready, let's GO!POSTED b4 IMO 3 overlooked #crypto gems $MLN #DEFI #assetmanagement This bad boy's HIGHLY manipulated IMO HUGE swings but = GREAT if you time them properly Volume is KEY! Usually @ support levels! Shows some accumulation #MLN been very fruitful --------------------------------- New post ZZZZZZZ Come on $MLN you know you want to MOVE! Just a lil more volume & trading above Red Mov avg! Should move early Dec Like small mkt cap & GREAT FDV(FDM) #cryptocurrency #crypto
COINBASE:MLNUSD
by ROYAL_OAK_INC
Enzyme - The strongest survivor of the 2018 bear marketMLN fell 99.3% both vs BTC & USD, in one of the most brutal bear markets. It had very few listings and was essentially only listed on Kraken, until the DeFi summer arrived. Enzyme was called Melon and it was one the oldest, smallest and most well managed ICOs in terms of how they spent their money. They really went through some very tough times and it was one of the projects I've been following for years purely because it was on Kraken and it was one of the oldest ones. Recently Melon evolved and its 2.0 version is much much better than its 1.0 version, hence why it has attracted so many listings like Coinbase & Binance, and before that Huobi. In 2019 MLN had an insane capitulation and then got in 1 year long accumulation zone at extremely low prices. Essentially sellers got destroyed and that's why when Uniswap and DeFi summer arrived, MLN had a monster run. Despite all its major listings it is still below its Summer 2020 highs and was a terrible performed up until the market crashed in May. In my opinion MLN was in accumulation both at the bottom in 2019-2020, but also in April-May 2021 as some people within Coinbase knew the listing was coming. The reason is that it showed a lot of strength and had a huge spike when the listing got announced, and those spikes keep occurring. Something very important to note is that it keeps having some major spikes that then tend to reverse, but not completely. Each time they are forming an equal or a slightly higher low and this way it keeps pushing higher. Now that it has formed a double top at 0.005-0.0055 and it has found support at 0.003-0.0035 (strong resistance turning into support), it could soon have another major spike to the upside. Of course due to the fact that the market overall does look a bit shaky and we could get a major correction either due to regulations or due to a stock market correction, MLN might take a hit in the short term, but it is definitely one I'd be paying attention to and want to add on dips.
KRAKEN:MLNUSDLong
by BitcoinMacro
2
Melon MLN Insane Percentage Increase %14000 - 30K TargetI have no technical or fundamental analysis for this prediction other than what you see on the chart and there being very low available supply. The potential for large holders to run this up into astronomical numbers is real. The tech is good. This brings the idea of DEFI to an entirely different level, Check out the tech. It's DEFI and we all know what's going to happen there. Up up up... Some of my insane predictions have been known previously to come true wether people like it or not. Do your own Due Diligence. ---This is not trading advice.
KRAKEN:MLNUSDLong
by CRYP7OR48817
6