Clear explanation in my chart. Will hit the median line most of the time, has respected the rule thus far, so les gooo
Currently testing the middle line of the fork, according to MACD, appears it should break through and continue for a bit before falling back down to retest the middle line.
Almost done forming a bull flag, finally ready for the next run up for ENG. Unsure of target SATS, but should be above 50k. MACD is in agreement as well. Here we go!
Finally about ready for the next run up on ENG. Unsure of a SAT target price, but should be above 50k. Almost done finishing the bull flag, and macd is set up to fly for a while.
Chart text should speak for itself, hoping for 8000 sats by late Sunday (Jan, 7th) Just starting with pitchforks, let me know if i messed the whole thing up
So we've had a very up and down, and sideways day for Enigma. Once the roller coaster ended, we saw ENG test the lower support a total of three times, and the middle support twice. I believe that we will still have a couple more hours of sideways trading, but i'm calling $10/ENG within 48 hours from now. Time for the big spike. #NotTradingAdvice#IHaveNoIdeaWhatI'mDoing
So ENG broke thru the resistance at 35k sats today no problem. All the way up through 41k. Tomorrow is a potential dip if we break down the fib lines, but i'm guessing that's a 10% chance. Should see 70k sats by this time tomorrow, but either way this is a long hold coin, get in before it's $10. #NotFinancialAdvice #DYOR
ENG just broke thru the top trend line as well as an important older resistance line. If we can close this 4hr candle well above the trend line still, get ready for a fast ride up bois
Like i said above, get ready for some good bull action if this 1 hour candle clears above the .236 fib line. MACD was about to cross lines, but changed course last second. If the candle clears below, my guess is that we will still see minor bull trend, but have a correction to arond 16100-16500 sats, and then fully recovering and mooning. #ThisIsNotFinancialAdvice...
The 16000-22500 sat run was a pump from a facebook group, and unnatural. We're back in the healthy growth chasm and it loooks like ENG should get another organic pump shortly.
When BTC had that little pump action shotgun a minute ago, most alts suffered terribly. ENG took just a small loss, and has started recovering quicker and harder than all the rest. We have a support at 1600sats that we need to stay above, and then should have a good chance of breakup up past the .618 fib into better gain territory. Will update with better chart as...
ADA is currently battling on top of a VERY strong support line. Looks like it should be able to break out up above the yellow trend line shortly, based off of the spinning top candle, right before the most recent candle (just started). If not, and it does break down below the black support line drawn, look for a pull back to around 1600 sats.
SYS only needs to go up past 5375 sats to continue its moon 2017 run. It's been a slow bull run for the day, but as long as we don't settle under that 5k sat line, we should see significant gains tomorrow.
ENG is a good short term profit, or long term HODL at the moment. Broke previous resistance, now using it as support. Great time to get in and still easily double your sats, short term, or 4x long term.
Many people are split right now on whether or not BTC is either done with its "crash", or is heading down much further. This is my opinion, and I'm a pretty crap Technical Artist at the moment, so let me know if you have any comments about it. The .382 line is being tested hella hard, but i think we have a crash up coming very soon, due to just breaking thru the...
Using the 78%, 61% and "50"% fib retracement tool on the beginning of the uptrend, and following with the trend fib extension on the same points, I am attempting to gain 1200 sats/coin. After, I will sell all my coins, and do the exact same thing after the dip, for as long as the uptrend shows to continue.
I'm still super new to TA, and this is more or less a test run of where I think POWR should reach by the 25th, as long as it breaks the resistance line around 6543 sats. Let me know what you think, I'd love any criticism, even if it's just you telling me that this is rubbish :)