ENG/BTC The falling wedge pattern has formed A reduction to the support line is allowed From the support line I consider it logical to make a purchase Fibbo immediate target 78.6 The main goal is at Fibbo 61.8
Entry: 9951 Target: 10990 (10.5% profit) Stop-loss: 9514 (4.25% loss) Risk:Reward = 1 : 2.5
T1: 0.000130 T2: 0.000150 Departure target: 0.000230-0.000250
Hello Lads and Ladies, Welcome back to TJs Daily TA session, this time requested by the Elite Trading Group, we will be looking at ENGBTC on the daily timeframe. As you see with the last TAs we are on a GEM-HUNT and getting all coins that are pretty bottomed out together and posting them here with nice targets so some lazy readers can simply follow it now and...
Nice TA here for the bulls
Recent days in cryptoland have been pretty calm with relative low volatility and Bitcoin's resistance of $6.000 is still holding. Lots of cryptos have been ranging for about 1 month. It is very possible that Bitcoin and some Alts have been recently accumulated. We are therefor interested *IF* the market shows new positive momentum. It's still quite early to...
ENG day chart is a joy to watch. Crystal clear from a TA perspective. We have a massive bull flag which is a very profitable and successful bullish pattern. This pattern is preferred to be played out on the breakout among traders. Price retraced to the 0.618 at 0.00022100 which gave it the golden ratio bounce. The fact that all this is happening on the Day Chart...
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...
Hello fellow traders. Hope everyone has been successful and trading safe. I wanted to post this earlier but it was so early in the am and I had too many other trades going on. Just wait for your alarms. Let them do the grunt work ;-) We have been nailing some difficult Enigma trades lately, so it continues to stay on the watchlist. Here's a brief overview of the...
Hello fellow traders... As promised, here is an update on our beloved Enigma. Our last swing in this trade was great. We've yet to start an impulse per Elliot Wave Analysis--falling just short of reaching 100% of a potential 3rd wave. Thus, we have not discredited a bullish count just yet, but nonetheless, we are affected by our BTC spread. Stoch RSI is...
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 $BTC dip today which will send alts down harder. Keep a close buy on Enigma and place your buy orders for the buy zone in the blue block.
Risk/reward on this swing looks great. No reason not to take this trade. Educational... ---longmoney
For now ENG is stuck below the Trendline Resistance. Needs a clear back above. Not the best setup for now for going LONG but ENg lovers may consider pullback entry around 23000 after 26000 Break is confirmed
In my opinion, considering bollinger bands, elliot waves count and retreacement + fib retreacement there are some visible head & shoulder patterns in this 1h timeframe graph. It looks like waves C are the most bullish for this asset but I think we just finished wave C. It will depend also on BTC price action, if BTC will drop around 6900-7200$ then we could see...
Although I am long-term bullish on Enigma, I had to revert to alternate targets. Confluence ended up signaling lower prices, with the obvious first target at the 786. The prices are not much lower, and our longer term targets are much higher--which doesn't justify shorting. Unless you're pockets are that deep ;-) Educational purposes... --longmoney
Self explanatory chart as always! We will most likely see re-tracement here. No need to enter. Like for support - always appreciated! Do not invest what you can't afford to lose. We are not your financial advisors.
enigma.co Just posted to get head start. Less work later. Preliminary analysis and some fundamentals.