enigma.co Looks like we are to start a grand journey to the wave 3! Incredible opportunities are facing this protocol. Short term 100% gain, and we can reach 500% YoY ~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational...
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...
New signal! ENG/BTC Bittrex Entry 0.00027 (wait price to reach this level) StopLoss 0.000250 Rating 3.5/5 Profit goals1: 0.000285 (Take 50%) Profit goals2: 0.000295 (Take 25%) Profit goals3: 0.000310 (Take 25%) When T1 reached: New Stop loss for remaining position moves to 0.000255 When T2 reached: New Stop loss for remaining position is entry point...
After the impulse wave ended we are seeing a correction in an ABCDE manner inside a triangle. As the E wave will end on the resistance line, more downside is expected.
4 hour Double bottom waiting on confirmation with bullish engulfing candle- 33% target
The price of Enigma escaped the upward channel from the downside and is putting a lot of selling pressure on the 0.236 Fibonacci retracement level. When the price crosses it from below and judging by the momentum it probably is, the next target would be at 0.00018617. I believe that this will be a straight drop to those levels, but an alternative scenario would be...
The 4HR chart indicicates a potential breakout of the downtrend. Waiting for next candle. MACD and RSI levels support the breakout
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.
ENG looking bullish going into Consensus
It looks like Enigma is in a falling wedge, and that the correction will be an ABCDE, which would be sub-waves of a WXY, and the handle from a higher time scale pattern. I am expecting the price to go up to 0.236 Fibo level which would be a D wave, and then down again the approximately the levels of the 4 impulse wave.
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.
ENGBTC is looking good on the higher time frames. Bullish diversion on the RSI and the Histogram MACD is crossing on a low point. 55 (golden) EMA is crossing the 8,13,21 EMA. This suggests ENG could see a nice breakout to the upside. Entry 30167 Stoploss 28200 1 target 31400 2 target 32500 3 target open