ENG is doing well as it has maintained this trend for well over a week.
Indicators suggest it needs a pull back with a Bear Div showing on the 12Hr RSI
- It may break trend to consolidate for a little bit before pushing up again.
I have done a Fib Extension with a chance of a 1:1 target of 12K which would be a nice earner.
- I have ignored the massive wick...
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...
SO, i got all bunch of Fractals firing of right now.
Look at this pattern that just begging to breakout.
It could fizzle, but the risk reward here is just so nice.
Look at that previous pump.
Look at the project and the team. So unless this is a scam, this is one the better shit coins i have ever seen.
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.
ENGBTC ENTRY AND TARGETS
LOOK VERY BULLISH ATM
REGIONS : ( GREEN = ENTRY) , (BROWN = TARGETS) , (RED =EXIT POINT)
GAINED SUPPORT FOR THE FIRST TIME SUGGESTING TREND REVERSAL TO POTENTIAL RETRACE TO EXIT POINT.
MOSTLY LIKELY TARGETS WILL BE HIT IF BTC STAYS STABLE
MY CHARTS DO NOT DEPEND ON TIME BUT ZONES OF SUPPORT AND RESISTANCES.
I HAVE BEEN...
Enigma has been one of the worst performing coins during the bear market, retracing nearly its entire pump. However, we did reach my exact bearish target, which was around 6000 (you can see this in my previous ENGBTC analysis). The stop hunt that sent us down to the 900 area actually wicked right on top of the previous broken triangle resistance. You can see this...