$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...
$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.
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
$ENG, 30% from the UCTS buy signal and descending channel breakout.
#ENG Currently hodling at 10600sats, EMA200 is next support. (SL).
RSI coming out from overbought levels & RSI bear divergences on the 12h chart. Volume looks really low for a bounce... wait for now.
Enigma, the solid gainer all week. It’s had substantial gains over the last couple weeks with a few insane spikes going +25% in a day. It’s been great for wick-catching and proven to traders the bulls are in charge.
On the long term chart, ENG is respecting the big fibonacci levels VERY WELL. The peak from yesterday stopped exactly at the first fib off the...
Enigma was my worst performing coin for a while. I sold it all for ONT a while ago, which was a good trade. However, I recently got back into ENG by reducing some of my Litecoin position. I wanted to post this trade now, since I'm going to generally be taking a break from charting over the weekend.
In my last ENGBTC analysis, I suggested that 6000 was likely the...
$ENG Break above the descending channel on the chart. After some multiple tests of the support at ~8222sats. MACD & RSI rising. Volume looks really low for a break, so I wouldnt take this trade now.... anyway potential targets are in the chart if you are risk tolerant #ENG