Enigma great project. ENGBTC moving in triangle with potential break out resistance line. Now we are in accumulation zone, I see some big volume in this zone. Also I want to note that the last time before the pump, there was a squeeze. My recommendation look at this coin, and gain a position, the growth potential is huge
Enigma (ENGBTC) is starting to gain bullish momentum and we can see a potential impulse move happening soon.
For this move to happen we need to see volume increasing and preferably a close above EMA50 (0.00006902) on the daily time frame (less than two hours from now the daily candle closes. 00:00 UTC).
We shared a trade for Enigma (ENGBTC) earlier this morning....
$ENG / $BTC
Crossed over resistance at 5400sats showing some volume (low for now)...
UCTS Buy signal on the 6h.
If manages to retest this level succesfully (flipping it to support), aiming for 7K sats is a valid opportunity...
$ENG Broke with good volume over resistance at ~6k sats...
UCTS Buy signal confirmed on the 1D chart
Volume increasing over the las 3 days
Targets on chart (Fib levels and common sense)
If you are looking for an entry, wait for a flip or retest, buying now seems risky =)
Enigma (ENGBTC) has broken through the first barrier (EMA10) and is now facing strong resistance... Hit like now, if you want to, and please allow me to entertain you for a few minutes... Thanks a lot for the support.
Enigma has broken out of a falling wedge (red dotted lines) and is now facing the very strong resistance marked as MA200 (black line on the chart)....
$ENG Trying to reverse current trend at ~9300sats support...
Last candle looking like an inverted hammer...
Volume slowly increasing
Stoch coming out from Oversold lvls
ABCD Bullish pattern can be in play
I would like to see better confirmation prior entering...
$ENG Reached ~10k Sats support where it is looking to reverse current trend after a 40% drop..
Sitting at .786 fib level / EMA200
Selling volume looking exhausted
Stoch RSI coming out from oversold, MACD about to cross
You can wait for breakout signals prior entering...
SL buy set at 1715= my entry point
once this has filled SL = 1500
Be careful and do not take this trade if you cannot keep up with it or you believe BTC is at upper resistance! If BTC price holds at its present level or higher will Help ENG gain a large leg up. Move SL once T1 is achieved for possible higher returns.