Enigma is in a good position to buy at the moment.
1) It is possibly in an uptrend channel of wave 3,
2) It will probably be supported by EMA 50 (blue line)
3) Stochastic is at level 20, almost oversold.
4) set your stop loss below EMA50 (blue line)
5) buy, TP at Fib 1.618 or above (you decide)
This is just a simple analysis, take it as a pinch of salt and I...
Currently TRX is building a falling wedge and building divergence as per MACD and AO. It is also oversold in Stoch RSI.
After it has completed the wedge, it will go into MINIMUM of fib 1.618.
Buy at current price;
SL at 0.00013. if it breaks 0.0013, please exit the trade as this idea is not valid anymore. We will have to wait another pattern to build up.
Exit...
