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Long

Enigma : Breaking the Down Trend

BITTREX:ENGBTC   Enigma / Bitcoin
Enigma was in a downtrend correctional move since Jan 9 high at $93200. On the daily chart if it can close above the resistance line it will be moving to the 23.6% fib level at 24039.
Fundamental Analysis also showing good news after the team posted on a report on their latest roadmap.
Indicators
RSI around 57 and MACD started to move. Volume needs to spike.
Opportunity is open for long term trading.
Mar 22
Comment: ENG still in showing a good strength. Volume showed a good spike and RSI still good. It reached 22800 sats so far. Our resistance and first portion sell target is at 23880 sats.
Mar 24
Comment: Just as we predicted ENG bounced and passed the upper resistance trend line and reached 25994 sats so far. It is now almost at our resistance level of the 23.6% fib level. If it can close above this fib level it will be heading to 30516 sats. Our call was made @ around 20000 sats and 29.97% profits so far. We will update you after the closing and new candle formation. With Regards. Team TWA.
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