Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 19th of June 2018 . Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 29.66% PROFIT!!! The increase in price may also be explained by positive developments including: June...
Since 15th of May, Enigma has been steadily loosing to the Bitcoin, while moving from the 36.4k down to 19.2k satoshis. Price broke below the uptrend trendline and Fibonacci applied to the corrective wave up after the breakout shows, that 461.8% retracement level has been rejected cleanly. Along with the Fib level, 4/1 Gann Fan trendline also was rejected...
Enigma (ENG) in accumulation phase .expecting minor UPWARD move
The trend lines show the support and resistances. Enigma buy zones are shown in blue boxes . There is a big event coming at the end of June, the price may rise in close future. Crypformation: ENG - Upcoming Events 30 June 2018 Testnet released by end of Q2 2018. Validation: 89/92 PS: You can follow us from social media to be tuned with latest news and...
As it was finishing its Elliot correction waves a Descending wedge pattern formed on $ENG /BTC, it has broken out of the top resistance of the wedge. Showing bullish divergence on the MACD (orange line), we are looking to break out of the ichimoku cloud as confirmation (green circle). I’m looking at 30800 as a short term target and watching to see if it tests...
Downtrend test as we witness a positive EMA crossover on 1hr. Looking promise, tho they may be a possibility we find ground once more before breaking through. Stop loss 25230
Enigma is a buy to me right here. It may go slightly lower but I expect it to bounce off the support line and cloud it that happened. It has played out in this channel for quite some time now and I don't think that will end now. Strong upside to previous highs a couple weeks ago.
Enigma has entered the stage of consolidation after it has rejected the resistance at 38.2% Fibonacci retracement level that is $3 area. The resistance has been rejected twice. The support at 23.6% Fibs, that is $2 area, has also been rejected multiple times along with the 200 Moving Average. Overall, there is no clear trend established by ENG/USD, but a clear...
At the moment we test consolidation box where we moved sideways! Nothing complicated just simple breakout trade to the strong coin! Today in Consensus presentation also! Entry 0.000306 Good Luck!
Fundamentals-wise Enigma has been one of my favorite coins out there. It's been picking up steam in the last couple of weeks. Reaching a pennant closure with a breakout imminent it's time to scoop some up. Im feeling a $BTC dip today which will send alts down harder. Keep a close buy on Enigma and place your buy orders for the buy zone in the blue block.
Seems very likely that ENGBTC moves up to target Wave 3 finished almost exactly at a 1:1 extension of waves 1-2 A 1.618 Extension of Waves 1-2 lines up very closely with the .786 Extension of waves 1-4 so this area will act as a major resistance point. Buy in 32-28 area Sell targets Target 1: 34000 Target 2: 37000 Target 3: 40000
I'm very new to this, and in fact this is my first attempt at applying the very little knowledge I have of using the Ichimoku Cloud Indicator, so please feel free to correct me if I am misguided :) It appears that #ENG changed momentum on the 12th of April and then attempted to break through the cloud on the 4th of May, yet was rejected. It consolidated for a few...
Risk/reward on this swing looks great. No reason not to take this trade. Educational... ---longmoney
Enigma has ended the correction and the impulse wave has started. We can see that the price went above the uptrend resistance line of the consolidation channel, and fallen back to retest it in the 2 wave. The main uptrend support line from the beginning of the chart was also tested for support.
Reasons to buy on a breakout from the consolidation zone: Valid break-out pattern with a clear consolidation zone (squeeze) Steady accumulation and increase in volume High return on investment (81%) with 8.5:1 risk/reward Please leave a comment and a like if you agree with this analysis <3 Disclaimer: This is only my opinion, make of it what you...
The last time I took a 5:1 trade was with Litecoin. And although I was just shy of the top of the trade, it still was quite profitable none the less. Enigma is not a particular coin which I like. The same can be said for Litecoin, so when I see potential trade setups such as this one, it becomes a must take trade. Even if I had to get in at market price. Just my...
ENG if respecting the uptrend could have a nice potential cup & handle. Completely unique and absolutely un-related to ANY CUP AND HANDLE THAT'S EVER BEEN FORMED. Seriously, this is literally the first Cup and Handle on Binance that's EVER HAPPENED in the history of Crypto-Currency. Don't believe me? Check us out on Twitch, 24/7! I'll prove it! (P.S. Tell your friends)
Enigma a great project but will need a small pullback for new traders to get in unless alt season is upon us and we just touch the 20ma and continue to move up. I hold Enigma as a long term hold having sliced some at highs.