Daily Bullish Signal $ENG #ENG (23 Jan 2019)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
ENGBTC
So from 6$ to .29c in 1 year on a MIT Team? u JK!SO, i got all bunch of Fractals firing of right now.
Look at this pattern that just begging to breakout.
It could fizzle, but the risk reward here is just so nice.
Look at that previous pump.
Look at the project and the team. So unless this is a scam, this is one the better shit coins i have ever seen.
coinmarketcap.com
Market cap of 20mil, how long before it will be a 100 mil?
that means the value should be around 1.5$.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~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 purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
Can Enigma (ENG) Prove It Has Long Term Value?Enigma has been one of the worst performing coins during the bear market, retracing nearly its entire pump. However, we did reach my exact bearish target, which was around 6000 (you can see this in my previous ENGBTC analysis). The stop hunt that sent us down to the 900 area actually wicked right on top of the previous broken triangle resistance. You can see this clearly in my chart. Since then, we bounced all the way up to the 10000 resistance before consolidating around 8000. This looks like it has the decent chance for a bullish reversal. The entire crypto market seems to be on the verge of confirming at least a slow, healthy growth period (if not the start of a new bull market). Since I feel this is the case, I decided to post a new ENG chart, and give a couple of potential bullish targets. The zones I'm looking at are in green. I've always liked this project. It now makes up a fairly small portion of my portfolio since it's tanked so hard, but I might decide to increase my stack through swing trading if we get some volume going.
Potential Setup:
BUY: 7800-8200
SELL:
13000
15000
18000
23000
STOP LOSS: Below 7800, 7000, or wherever you see fit.
This is not financial advice. I'm just posting this chart to see how it plays out, and whether any of my targets are reached or surpassed. This is really for my own educational purposes, as I enjoy keeping track of this market.
-Victor Cobra
ENGBTCENG/BTC
The falling wedge pattern has formed
A reduction to the support line is allowed
From the support line I consider it logical to make a purchase
Fibbo immediate target 78.6
The main goal is at Fibbo 61.8
The Enigma that is EnigmaLike WTCBTC, this was one of the worst performers in my portfolio during the bear market. However, it finally seems to have bottomed out, although it still has room to fall another 50% or so towards 50k sats. Right now, it seems to have formed a good long term support. Last year, it had a parabolic rise, which is why I chose to chart this in the log scale. This scale also happens to align well with current price action, as the overhead resistance is just overhead in this chart, but not in the linear scale. This explains why it keeps getting pushed down. Even though it's been a bit frustrating recently, I redistributed some GVTBTC profits to ENG at 9500 recently. Ultimately, I think it will pop to the upside soon, along with the rest of the market. Last year, it increased nearly 20x in BTC value during its parabolic move. I also just really like the name and its use case.
BUY:
9100-9500 has proven to be good short term support
8000 retest of bottom
5000 potential new bottom.
STOP LOSS: below 9000 (not recommended since there can be a quick supply test that eats through stops and leaves you in the dust, as I've mentioned before. I prefer manual exits in crypto).
Potential SELL targets :
14000 resistance
17000
20000
30000
50000
1540000 (19.3x from 8000 bottom)
This is not investment advice. This is one of the last coins I will be tracking for now, as I have charted all the major coins in my portfolio at this point and I don't want to drive myself crazy.
-Victor Cobra
#ENG Channel Spectation.
Entry: 9951
Target: 10990 (10.5% profit)
Stop-loss: 9514 (4.25% loss)
Risk:Reward = 1 : 2.5
Enigma is preparing for departure.. Hope no delay!!T1: 0.000130
T2: 0.000150
Departure target: 0.000230-0.000250
ENG LONGSomeone hold price with big sell walls on Binance. SL 8200 - TP1 - 10317, TP2 - 11568, TP3 - 11873, TP4 - 12658
ENG testing support and may grow from here
I'm really interested to see how ENG will act now. It has solid support at 9200-9300 and if it bounce, it should go up to the border of current channel, which is approximately 9800 but may eventually climb up to 10200. If it goes up to 10200 than 9800 will become a support allowing it to continue growth to 11000.
Therefore, this may be a good trade. Just need a confirmation that current support level can hold the pressure and test is coming soon.
$ENG, Music To My Ears…
Weekly
Looking at our trend timeframe we see price continuing to head in our downtrend with no clear signs of reversal. Resistance found at 10000, this weeks candle now looking for support. Possible reversal pattern on smaller timeframes. Last time we were at this price was back in late December 2017.
Daily
Shifting over to our pattern timeframe we see price stuck in a consolidation zone between (8200-9575). Stochastic RSI showing momentum is in favor of bears with no signs of reversal. A daily close above/below our shows levels indicates our next direction.
ENG - Bollinger Squeeze CandidateWe have a six-month period where our current moment is minumum width between the upper and lower Bollinger bands - indicating a squeeze candidate, and an RSI indicating an upward price move is due. Plus, we don't have significant volume on days with negative price action in the lead-up to the squeeze. We can watch band expansion (upward band going higher) for signs of an upward move.
ENG breakout comingEnigma ENG
buy: IF it goes above 10600sat (wait breakout confirmation)
Stop-Loss: 7900
Medium term target: 11400, 12600
Long term target: 16500, 22300, hold
Know the token:
enigma.co
s3.amazonaws.com
Fundamentals:
Their roadmap includes the testnet release for contracts 2.0, independence and scalability of dApps. But only in the end of 2019 Q1
#ENGETH needs to retest before hype!-First target: 0.00215
-Possible second target: 0.00375
-Possible second target: 0.00155
ENG reached the bottom, now is a good time to buyThe price of 3 weeks is kept at the level of 0.000096 - 0.0001. I think it's worth waiting for the growth in purchase volumes
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ENG gearing up for possible 22% PROFIT - CryptoManiac101ENGBTC TRADE
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.