ENG is currently retesting a previous resistance zone around 9000-9500 that was the flat line of resistance for an ascending triangle pattern that ENG was in before breaking up above the flat line of resistance and going on a massive run. ENG has since pulled back, and we are now retesting that prior flat line of resistance as new support around 9000-9500. So far,...
$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...
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 (ENG) Overview
Enigma is building a privacy layer for the decentralized web. Our protocol enables scalable, end-to-end decentralized applications.
Enigma (ENGBTC) Trade Analysis
- Moving upward after completing a retrace.
- Bullish RSI.
- Long term potential.
Enigma (ENG) Trade Instructions by Alan...
Welcome to this updated analysis on ENGBTC / Enigma Let's get right to it!
ENGBTC moving for weeks with potential break out resistance line,
and building a privacy layer for the decentralized web. Our protocol enables scalable, end-to-end decentralized applications.
but what I see in ENGBTC has Bullish RSI and Long term Potential.
If ENGBTC with a...
$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...
hey guys. i guess we're going to hold the como-cloud support line for now and have a nice bounce to our first resistance area 13350-14000 in 3-5 days. RSI looks Good, also MACD looks good .
before doing any trades, DYOR and Follow capital management.
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.
ENG/BTC has been performing well, however, closed the daily candle within the range. I expect a retrace to the bottom of the range, where a buy may make sense.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
Well well well. After a bunch of flip-flopping, I somehow lucked out and managed to finally get back into ENG before today's rise. In my previous ENG analysis, I speculated that ENG could break back above its long term linear uptrend, and in doing so, produce a very powerful breakout towards the green zone. We hit my first target right on the money and have pulled...
Update on $ENG, EMA200 was tested succesfully. Now ~10580sats is acting as support (R/S).
Next target would be ~13200sats (around 20%).
Remember that we have Mainnet testnet and Mainnet launch on the upcoming months... #ENG