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AlanSantana
Mar 28, 2020 3:01 AM

Enigma Going Bullish? New Low + High Volume (350%+) 

Description

Let's take a quick look at the daily chart for Enigma (ENGBTC)

  • Here we can notice a new low being hit just days ago on the 24th of March.
  • We can also appreciate really high volume (a big green volume bar came up today).
  • Prices now trading above EMA10.
    (Hitting a new low just to bounce strong and break above EMA10 on high volume, are all signals that can indicate a bottom forming and a potential change of trend)
  • The MACD indicator is showing a bullish cross (the blue line [MACD] crossed up the orange line [SIGNAL]).
  • We can also notice over 350% of potential profits just by looking at a few short-term targets.


Thanks a lot for reading.

Namaste.
Comments
Aborangin
what was that flash crash?
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