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ENG

Can Enigma Grow More? 60%+ Possible If Support HoldsEnigma (ENGBTC) has been printing some really strong bullish action, but this ended in a higher low... Can it grow some more? We are seeing lots of bullishness right now for the altcoins vs bitcoin pairs. We are also seeing many altcoins growing 4-6X in a matter of weeks. Enigma can easily grow more as we are seeing huge volume going in favor of the bulls as well as great momentum. I am driving the "line" at 0.00004500: Above this level, ENGBTC goes bullish and higher. If ENGBTC closes below-said level, it can easily correct lower before any additional bullish action takes place. Multiple support and resistance levels are marked on the chart. Thanks a lot for reading. Namaste. Previous analysis:
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by AlanSantana
1
LONG - ENG - Ascending triangleConsolidation at key level with big volume, breaking out at the moment, expecting continuation in the following days. Entry: 0.00003375 TP 1: 0.00003732 TP 2: 0.00004346 TP 3: 0.00005038 SL: 0.00003139 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
ELong
by ElMomento
Enigma Starts To Gain Momentum (Potential Impulse Move)Enigma (ENGBTC) is starting to gain bullish momentum and we can see a potential impulse move happening soon. For this move to happen we need to see volume increasing and preferably a close above EMA50 (0.00006902) on the daily time frame (less than two hours from now the daily candle closes. 00:00 UTC). We shared a trade for Enigma (ENGBTC) earlier this morning. Saw the chart yesterday when it was around 6100 satoshis but was away from my PC. Since then its value already grew by as much as 18%. Our first target is sitting at 7500 satoshis (0.00007500) while the second one is at 8190 satoshis (0.00008190) and finally 9000 satoshis (0.00009000) for our third target. Remember that this is a chart analysis/description, this can't be right or wrong... We are not sharing with such intention, the intention to learn and entertain ourselves with the goal of making money. If you enter a trade for whatever reason, you need to have a plan and a stop-loss. The action can always go either way. If it goes up, after we buy, we sell for profits. If it goes down, after we buy, and hits our stop-loss, we sell for a loss. Normally we take around 10-30% risk if our stop-loss is activated, with around 60-300% rewards if our trade goes well. So we remain open to all scenarios and prepare accordingly... This is the best way to trade, rather than guessing and betting that something will go your way. Regardless of what happens, we will be back and try again. So far the profits have been amazing and the bull market is just getting started. When it is hot, the only thing that you will have to worry about is how to spend your profits. Thanks a lot for reading. Remember to hit like. This is Alan Masters, and this is not financial advice. Namaste.
Long
by AlanSantana
Enigma Breaks Out Of A Falling Wedge (Facing Resistance)Enigma (ENGBTC) has broken through the first barrier (EMA10) and is now facing strong resistance... Hit like now, if you want to, and please allow me to entertain you for a few minutes... Thanks a lot for the support. Enigma has broken out of a falling wedge (red dotted lines) and is now facing the very strong resistance marked as MA200 (black line on the chart). If ENGBTC can break and close above this resistance, we can expect additional bullish action. Let's take a look at the signals and see what we've got: Volume is still very low, which isn't that bad in this case because there was already a break and close above EMA10 with no rejection, there was also low volume on the drop itself. So if the bulls follow up, we should start to see volume coming up now. There is a MACD bullish crossover. The RSI is starting up and gaining momentum and it broke its downtrend (green dashed line). ENGBTC price retraced to the 100% Fib. retracement level. The last bullish wave has been fully erased. Another Binance altcoin pair that is setting itself up for some nice bullish action in the near future. Thanks a lot for reading. This is Alan Masters... more to come... Namaste.
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by AlanSantana