Feeling lazy, this is going to be a short one.
- This is a 4 hr chart
- ENG finished 5 waves, we are now in correction
- Buy in at red box
- Target is the labelled green box on the top
(Previous targets for subwave 3 & 5 are the blue boxes)
*Please do not blindly follow my analysis. As a matter of fact, if you blindly follow anyone's analysis, you most likely...
Jumping out at 3650, based on basic triangular analysis along lines of resistance.
Ideas only, not advice, but open to comments.
Long term, nearing end of pennant, so expect consolidation along central line, watching for breakout either up or down.
Eng/BTC pair looking to make another big run.
On the 4h (not shown) we have plenty of room above the ICHI cloud and the SRSI is at 80, plenty of upward room
On the 15m (Shown) Purple lines are previous resistances.
Fibs are good areas to take profit, the TA length of the large wedge matches perfectly with the 1.618 Fib.
We have broken through the ICHI cloud,...
After being denied twice around 0.00041-42, ENGBTC has held support. The large volume coming in yesterday seems to have stabilized ENGBTC for another potential test of ATHs. However, failure at the support levels shown might indicate further correction is necessary and likely. Ideally, would like to see a solid volume move above 0.00045 for this play to...
Engima is my secret gem the one I stay I pour some of my profits into, I bought the majority of my portion at 18k satoshi because I really believe MIT is in the forefronts in this crypto-revolution. We've all heard of secret contracts which is the main selling point of Ethereum 4.55% , however Enigma's protocol brings to the table a "secret contracts!"
Enigma...
Fib, MACD, RSI, Support and Trendlines all indicate a bull market. I believe the price will continue to trend upwards. ENG is a highly innovative token with a solid team behind it and also has great potential as a disruptive technology. I view this coin as still very undervalued by the market. I am trading this coin to increase my holdings of ENG. I am...
BITTREX:ENGBTC
The reason I said is not too late to get in this trade: we tested the support at 17300, we might get another retest of the cloud which would be a good entry point(the reason for that is that Kijun Sen is still inside the cloud and there is a possibility of ranging which will take the price to the upper boundary of cloud support). The DMI, MACD and...
Relatively well defined triangle here, with resistance around 0.0002 - getting into a very tight range, so this should resolve one way or another soon. Sometimes false breakdowns can give good entries on these, so position sizing goes far. Daily/4-hour charts show very healthy consolidation at defined levels so risk management should be easy on this one.
I have a position in ENGBTC from 95k sats but i'll be looking to add more on the next breakout. If you check the buy wall on Enigma you'll see it's huge while the sell wall is very thin i.e. no one is selling!
This demand will drive the price up nicely, buy on breakout or accumulate along the bottom of the trendline.
For swing traders, the fib levels hold very...
Trending support is still holding here but volume is getting weaker. We have two possible scenarios - bullish breakout to new ATH or a potential retrace to lower support.
![ENGBTC: [ENIGMA] Bullish ABC Correction in Final Wave](https://s3.tradingview.com/5/52MZLXPc_mid.png "[ENIGMA] Bullish ABC Correction in Final Wave")
