ENIGMA (ENG) has the potential for big gains ever since its broke past the weekly 21 EMA and a long term trend line\resistance.
For now, its one asset that has my attention and a small position on it. I will be buying pullbacks on it and this one is a longer term play.
I have the 1st target as per the chart.
Please give me a like or tick for this...
Enigma (ENGBTC) is now moving above EMA50 on the weekly timeframe... This signals strong growth to follow next.
In the chart above I've marked the next targets with up to 219% of potential profits.
Once the MACD moves above zero, we will see big green candles and huge growth as other altcoins that have been growing strong.
Previous chart: Enigma (ENG) Is On The...
Enigma (ENGBTC) has been consolidating but continues to print higher lows... Which is a bullish signal.
This chart here is telling us that we will get mainly higher prices... But things can always change.
If prices drop below the 0.382 Fib. extension level on this chart, we could see more red but at the moment ENGBTC has gone bullish with prices trading above...
Under MA cap
Many alt coins look 'healthy' and are sitting above this level
Is this the key to a coin purge?
Personally i am long this due to its partnership with Intel
Or is it simply dipping underneath?
Feel free to leave comments below
BINANCE:ENGBTC has finally managed to break above the MA200 on the daily chart after 5 long months. Seems like it finally wants to enter the alt season territory with everyone else, with this also happened a kumo breakout on the daily cloud. Expecting a retest of previous support before going in.
Target 1: 0.00004245
Target 2: 0.00005162
Enigma has formed a large ascending scallop relative to the hourly time frame.
The upper resistance of this is looking to break.
I've included some chart patterns the major one is the bump and run
Where price "bumps" above the major trend, and then "runs" back to the trend.
I really like this coin.
ENG is showing an under-over pattern. Below support the most volumes were transacted meaning this was likely a reaccumulation range. Right now it has reclaimed the previous support and has shown a retest on the weekly and twice on the daily. With the possibility of a 66% and 130% move to the upside this level has low risk to take a position. A stop below the VPOC...
ENG looks ready to break the downtrendline which started in Januari 2018, right before the burst of the Crypto Bubble.
If ENG breaks this trendline, it's off to the races. I'd wait for a close above 3100.
Enigma (ENGBTC) is now gaining momentum while moving above EMA100 (blue line).
EMA100 is a very strong level for the altcoins within the crypto markets.
When you see prices above it, a bullish jump can follow (green arrow).
First, prices moved above EMA10 (green line) and then EMA50 (bold magenta line)...
We had a break below support and prices quickly...
ENG has been repeatedly trying to break the MA200, while at the same time being in a bullflag formation, and at the same time entering the 4h cloud with a TK cross. RSI is also looking pretty bullish. There's just way too many bullish signals on this one to miss out.
Target 1: 0.00002181
Target 2: 0.00002291
CryptoCue is not...