BINANCE: ENGBTC
-Enigma broke the ascending channel to the downside
-We can see an upward trendline of support breakdown
-If this Bearish price action continue and see a follow-through
-The downside target is around 3600 sat zone
-The green zone is a confluence of previous support turned resistance
-So I'm expecting high demand in those...
ENG/BTC
-After a strong pump last few days ago
-The price started rolling back by -25% its value
-If you are looking for a good risk to reward bounce play trade
-3500-3400 sat region is perfect for potential Buy entry
-I recommend to open a Buy order provided there is Bullish signs
-This will help you reduce the risk involved
ENG/BTC
-the price broke the 200D MA but today it has retraced back
-this pullback is actually healthy to continue a strong uptrend
-it will likely to retest the 200D MA and new support area
-if this level will hold for the next 5 days or so
-a breakout of the resistance trendline at 3588 range
-is perfect to enter a Buy position or look for pullback retest...
ENG/BTC
-a strong breakout above the local resistance
-followed with a big bull volume
-new immediate support is set at the 2300s
-next key resistance is 3100s
-we might see a little consolidation
-before potential leg up
-but the bulls must keep the price bullish area
-market sentiment is ready for a potential reversal
ENG/BTC
-ENG started trading above 12&20MA
-Forming bullish broadening descending channel
-New potential local bottom support at 1544 sats
-Upside target is up to 2900 sats area
-Stoploss is below trendline support at 1544
-No major red flag yet
ENGBTC now boom boom
we bought at 4000 satoshi
and now 40% profit from our entry.
next target would be 7200 satoshi and after bullish
so guys hold with tight stop loss
Support : 5000 Satoshi
Resistance : 7200 satoshi
#ENGBTC Chart Update:
If this Symetrical Triangle we will break then we can expect #ENG/BTC to the moon.
Targets is given in chart.
#ENG Now Looks Good for Long.
I am Accumulating here.
3800-4000 Satoshi my strong Buy zone
Support 1 : 3540 Sat
Support 2: 2989 Sat.
Targets = Resistance
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Thank you
Enigma has broken out of a bull flag and is expected to reach the 0.618 Fib Level.
CCI has crossed to the Green on the 4 hour chart.
First target is 36800
Good Luck!
wedge
ema formation
bullish MACD & rsi
Remember who gave it first & remember the name
Come back & Follow me if u have made nice profits out of this trade
