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ENIGMA

Strategy for ENIGMA (ENG) Recent days in cryptoland have been pretty calm with relative low volatility and Bitcoin's resistance of $6.000 is still holding. Lots of cryptos have been ranging for about 1 month. It is very possible that Bitcoin and some Alts have been recently accumulated. We are therefor interested *IF* the market shows new positive momentum. It's still quite early to consider opening large open trades but it might be a good time to accumulate some of the most promising coins. ENIGMA (ENG): Enigma's proposal is to keep data private. It's technology enables nodes to execute computation over encrypted data thus keeping it private. Not all data is incoporated in blocks but rather in different nodes to permit scalling. They are pretty much hand with hand with OPAL, MIT Media Lab and recently partnered with giant Intel (and AION, Ethereum Alliance, Kyber, Napoleonx, ect) For the market to deliver strong momentum it's need to play with the resistance, that's how bigger players accumulate. The longer the better. *Open trade at $1.70 *Close opened trade: $1.18
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by albancouturier1
Enigma - Huge Long OpportunityENG day chart is a joy to watch. Crystal clear from a TA perspective. We have a massive bull flag which is a very profitable and successful bullish pattern. This pattern is preferred to be played out on the breakout among traders. Price retraced to the 0.618 at 0.00022100 which gave it the golden ratio bounce. The fact that all this is happening on the Day Chart makes the breakout stronger. BTC is going through a possible reversal but its most likely a pullback unless $7000 is broken. So at this point BTC might give us a couple of days to go sideways or maybe even go slightly more bullish. Sideways or bullish movement from BTC will result in alts rising in both volume and price. So from a risk perspective it may be slightly less risky and a stop loss should always be applied. Price formed a higher low and the stochastic confirms the trend is bullish. We have 4 possible profit taken areas: 0.00027279 18% 0.00028299 23% 0.00029950 30% (1:1 flag length. If TA is correct this price AREA is highly likely to be achieved) 0.00032620 42% Also they have their Enigma Testnet 1.0 Release today which may be the first push to going long. This analysis is not financial advice. Always do your own research.
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by itradearn
Enigma Forming Double BottomOn the 13th of June Enigma found the bottom, hitting the low at $1.17 and rejecting the 4/1 Gann Fan trendline. On a daily chart price seem to have formed strong support at $1.3, that has been rejected multiple times, and closing price always stayed above. Yesterday ENG/USD once again has tested this support level, and once again failed to break below. At this stage range trading could take place, as ENG also failed to break above the descending channel. Consolidation could take place between $1.3 and $1.9 levels, but only break and close above or below could shed some light on further direction. If someone is looking for a buying opportunity, perhaps it is reasonable to wait for a $2 breakout, that should potentially trigger a rally. Prior to that, price will either consolidate or go down to 78.6% Fibs, that $1, a very strong psychological support.
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by CryptoPAMM
ENG/BTC 4 Hr...Setting Up The Trade For The Long...Hello fellow traders to this update on Enigma. I have decided to post a new chart for everyone, as it appears I am not the only bull with this cryptocurrency :-) I have done my best to label the chart with as much information so that I can save posting a long speech here. A couple things to note: Could the C be in? It is definitely possible, and I do have it in on an alternate count. Also, many people do not factor in extreme wicks but I do. I ignore nothing in the chart; as I do not know what is intentional or accidental. This will certainly be an exciting trade to follow, so please stay tuned ;-) As always, this is for your entertainment only...And NOT a recommendation to buy or sell. longmoney
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by longmoney
7
ENIGMA: INTEL PARTNERSHIP - PROFIT = 29.66% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 19th of June 2018 . Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 29.66% PROFIT!!! The increase in price may also be explained by positive developments including: June 13: Enigma announces impending mainnet release in Q3 2018. June 20: Enigma announces partnership with Intel on research and development efforts to advance development of privacy preserving computation technologies. As a part of this effort, Enigma will utilize Intel SGX (Software Guard Extensions) in it's privacy technologies allowing for data to be protected while still allowing for computation over the data as part of a scalable, secure solution. The general uptrend in the crypto markets as well as the positive developments outline above - in particular Enigma's partnership with Intel. ***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
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by CryptoTradeSignals
Enigma VS Bitcoin Turning PointSince 15th of May, Enigma has been steadily loosing to the Bitcoin, while moving from the 36.4k down to 19.2k satoshis. Price broke below the uptrend trendline and Fibonacci applied to the corrective wave up after the breakout shows, that 461.8% retracement level has been rejected cleanly. Along with the Fib level, 4/1 Gann Fan trendline also was rejected suggesting the potential trend reversal. The key support area is seen between 18k and 19k satoshis, and as long as ENG/BTC stays above that area, the trend reversal or a correctional wave up could take place. There are few upside targets to watch, first is the 30k satoshis area, that corresponds to the upper trendline of the descending channel. If that level is broken, next target is 161.8% Fibs at 47k satoshis, which corresponds to the previous uptrend trendline. On a downside, if the 18-19k support area is broken, Enigma is likely to test 88.6% Fibs at 16k satoshis area, and even can go down to 13k area to form a double bottom.
Long
by CryptoPAMM
ENGBTC Zones| Enigma soon to rise with upcoming Testnet!The trend lines show the support and resistances. Enigma buy zones are shown in blue boxes . There is a big event coming at the end of June, the price may rise in close future. Crypformation: ENG - Upcoming Events 30 June 2018 Testnet released by end of Q2 2018. Validation: 89/92 PS: You can follow us from social media to be tuned with latest news and discussions by searching CryptoCholics. Disclaimer: This is not a financial advice, always make your own research and evaluate what we share here. CryptoCholics out, Peace out
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by KaptanFantastik
1
Enigma Critical LevelsEnigma has entered the stage of consolidation after it has rejected the resistance at 38.2% Fibonacci retracement level that is $3 area. The resistance has been rejected twice. The support at 23.6% Fibs, that is $2 area, has also been rejected multiple times along with the 200 Moving Average. Overall, there is no clear trend established by ENG/USD, but a clear range trading is taking place. Break above the resistance or below the support is required for the price to show further intentions. Break and close above $3.3 should send price up to 76.4% Fibs at $5.8. On the other hand, break and close below $2 could result in a downtrend continuation, potentially sending price down to $0.5 area.
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by CryptoPAMM
#ENG breaking out of the cloud...I'm very new to this, and in fact this is my first attempt at applying the very little knowledge I have of using the Ichimoku Cloud Indicator, so please feel free to correct me if I am misguided :) It appears that #ENG changed momentum on the 12th of April and then attempted to break through the cloud on the 4th of May, yet was rejected. It consolidated for a few days, unsure of which way to go, and then finally re-attempted a passing in the past 48 hours with success and now looking for a close above the cloud. The RSI looks well poised and in a strong position for forward momentum. Target 1: 38055 Target 2: 46799 Target 3: 57776 Let us see what big brother $BTC decides to do ;)
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by Loungeact