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ENGBTC

The Moonshot Was Staring At Me In The Face! (ENG)Well well well. After a bunch of flip-flopping, I somehow lucked out and managed to finally get back into ENG before today's rise. In my previous ENG analysis, I speculated that ENG could break back above its long term linear uptrend, and in doing so, produce a very powerful breakout towards the green zone. We hit my first target right on the money and have pulled back considerably. I'm much less of a short-term trader, and I tend to look at the mid-long term. Sometimes I swing trade, but that's about it. This breakout should be taken seriously. As long as ENG stays above the high 12000/low 13000 area today on increasing volume, it should be good to continue higher. One of the reasons I got back into ENG was because I noticed how long it was consolidating, relatively flatly, on its ETH ratio. This signaled to me that once it broke out on the ratio, it would begin a bit of a bull cycle. ENG/ETH chart shows clear attempt to break the range. We'll see if it can go higher: As for what could happen next, we may need to first retest the broken resistance level, so one could try to buy between 12600 and 13600, aiming for another push higher. I guess we'll see. It might not get that low, or it could retrace the whole pump, but I'm betting on moving higher. My goal with this trade is to ride out a potential bull cycle for ENG, which could indeed put it much higher than it is now. It doesn't have to play out in my favor, so caution is needed. This is not financial advice. Previous ENG analysis: -Victor Cobra
ELong
by VictorCobra
1
ENG/BTC - Playing fibs perfectly, retracing and huge potentialEnigma, the solid gainer all week. It’s had substantial gains over the last couple weeks with a few insane spikes going +25% in a day. It’s been great for wick-catching and proven to traders the bulls are in charge. On the long term chart, ENG is respecting the big fibonacci levels VERY WELL . The peak from yesterday stopped exactly at the first fib off the bottom, fib .236. From the touch of the fib, it’s retraced 15% already but could be due for some more downside on the short term. However, for us that’s great news as it’s making creating another great entry. By using 30min candles and throwing a fib-extension on the chart using the three extremes prior to the fib-touch (purple lines), we get the downside fibs and potential turn points. I’m targeting fib 1.618 on the retracement as the level to hold for bullish continuation. This coin got a LOT of potential to the upside, and we got a lot of indications of it already being bottomed out. I’m not calling it, but it’s not a bad idea to enter already at these levels, and stack your orders down to the 1.618 fibonacci. Above the fib it’s also a weekly level marked in dark blue which is another place you should have some orders for longs. Funny thing, a STRONG daily level is exactly on the 1.618 fib strengthening it A LOT . Targets for long term holding is market on the long term chart above with orange boxes. If you’d like some short-mid term targets specified, let me know in the comment section and I’ll provide them! If you like it and would like to receive future updates - Please, follow me on TradingView! If you follow me, I guarantee you will receive timely updates to this chart, and all other interesting tickers. This will allow you to stay on top of the assets current trend and hopefully maximize your profits! For support, sign up to Binance and Bitmex with these links for referral www.bitmex.com www.binance.com If you agree, please, Like this Idea - This would be the best feedback and encouragement for me!
ELong
by Pineapple1k
ENGBTC Enigma Starts To Move 500% Profits PotentialEnigma 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. Buy in: (1) 0.000083 – 0.000088 (2) 0.000075 – 0.000080 PREMIUM Targets for ENGBTC (1) 0.000094 (2) 0.000103 (3) 0.000130 (4) 0.000143 (5) 0.000163 (6) 0.000189 (7) 0.000218 (8) 0.000235 (9) 0.000264 Stop loss: Close weekly candle below 0.000061. "The easiest way to trade and the most successful strategy of all, is to buy low and sell high. Easier said than done? Not really.
ELong
by blockmandev
Enigma Faces Resistance, But If Broken, Look Out Above Enigma was my worst performing coin for a while. I sold it all for ONT a while ago, which was a good trade. However, I recently got back into ENG by reducing some of my Litecoin position. I wanted to post this trade now, since I'm going to generally be taking a break from charting over the weekend. In my last ENGBTC analysis, I suggested that 6000 was likely the bottom, after we had a flash crash that wicked heavily on the broken triangle resistance (in pink). You can see the link to that idea below. So far, ENG has risen nicely from its bottom and is trying to break out of the 12000-13000 resistance. I entered at 9590 today after the pullback (already a nice 10% rise), and I'm betting on this thing going a little wild. As I type this, it's rising pretty nicely, but ENG faces some heavy converging resistance (light blue and red). If we can break that and finally sustain some volume, I think ENG can really take off, and perhaps test its ATH on the Bitcoin ratio (maybe not an Enjin level pump, but who knows?) Fundamentally, I chose to stick with ENG rather than WTC because I see ENG as having more speculative value. Its team is comprised of some serious people from MIT and you can bet they're working hard. If you watch my most recent video post, you can see why ENG might be easier to pump than WTC. People need to get excited about a rise in order for it to sustain, and I think since ENG doesn't have a tarnished record (along with strong fundamentals), people are more likely to jump into a price rise than with Waltonchain, even if WTC does succeed. This is just a personal trade. May not play out how I want it to. I might end up holding this position for a while to see where it goes, or do some swing trading. This is not financial advice. What you do with your money is up to you. -Victor Cobra
ELong
by VictorCobra
1
Enigma Starts To Move [ENGBTC][550% Profits Potential]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 Masters Buy in: (1) 0.000083 – 0.000088 (2) 0.000075 – 0.000080 PREMIUM Targets for ENGBTC (1) 0.000094 (2) 0.000103 (3) 0.000130 (4) 0.000143 (5) 0.000163 (6) 0.000189 (7) 0.000218 (8) 0.000235 (9) 0.000264 Stop loss: Close weekly candle below 0.000061. Capital allocation: <10% DEALING FOR SUCCESS Deals are people, and with people we deal. Not all deals should be taken, because not all people are right for you. The right deal, comes with the right people. And the right people, is the partner that you can feel. So keep doing your dealing, keep growing… Soon you will find somebody like you. Namaste.
Long
by AlanSantana
7