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
$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 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...
Week chart for big picture. So far it looks like bottom and narrow channel price squeeze in meaning we should expect huge price action sooner or later.
Might pull back to 8150, than up to breakout trendline and reach 9700. Midterm target that may happen in one pump.
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
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...
buy: IF it goes above 10600sat (wait breakout confirmation)
Medium term target: 11400, 12600
Long term target: 16500, 22300, hold
Know the token:
Their roadmap includes the testnet release for contracts 2.0, independence and...
The Enigma project positions itself as a solution for traders and investors. The team has clear plans for project development. However, in our opinion, the idea is difficult to scale.
The coin is distinguished by low liquidity and a chart with poor data for technical analysis. On the positive side, we can note that trading volumes are at a constant level since...
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...