ENG Rebound on DailyNice support trend line from January, high probability long here in my opinion with good entry point right now.
Stoch also has the room to turn up and 4H RSI turning up. Price bounced off the .786 retrace, primed and ready.
ENIGMA
ENGBTC - Good position/Watch to see break directionENG I would watch and see if breaks above the solid blue line or break down below. A break below could get bad quickly. Keep an eye out and see which happens first.
ENG After Double Elliot wave combo! 200% profit longENG: Very great coin Fundamentally and have been waiting for it's correction to finish. RSI Very oversold. Macd Very low and histogram showing bullish divergence
Buy : 200 - 250 satoshi
T1: 330
T2: 390
T3: 450
T4: 555
T5: 650
No stops, very strong coin.
ENG/BTC New uptrend?Enigma bounced nicely off BTCs 6k dip and rallied higher after that forming what looks like a nice impulse wave up. The count you see is my primary count i'll present my bear scenario as an update. Currently I believe we are in wave 2 down so a buy opportunity is presented to us. 4H MACD and RSI indicate we can expect more short term downside so a touchdown around the 0.618 fib looks good (buy zone and targets on the chart).
4H INDICATORS
RSI: More room to go down
MACD: Bearish divergence
1D INDICATORS
RSI: Bearish divergance
MACD: Has curled back down after a brief bullish crossover.
Targets anywhere between 0.00048000 and 0.00060000 for a 70-120% return
Please note this is a medium term potentially by 1st of March but likely sooner so please allow for it to play out. Also make sure to like and follow if you wish to follow this educational hypothetical trade . Overall I am very bullish on Enigma fundamentally also so be sure to check out the product and use case.
*This is not financial advice and is intended for educational purpose only*
ENG: Potential Breakout ImminentObservations
ABC correction bounced at the 0.618 - 0.650 fib golden pocket territory.
Impulse wave anticipated with wedge formation on Wave 2.
If wedge breaks up with strong volume then impulse wave should continue upwards to respective waves.
If wedge breaks down then we would possibly see an impulse wave failure and see if a WXY correction forms instead.
Target price points are 50000 and 62000 satoshi respectively if breakout upwards is confirmed.
Wave projections do not indicate time at which price targets would be met.
Disclaimer
For informational purposes only and not deemed as financial advice
Good chance for breakout for ENG. Easy profit :)Dear traders, investors, and so on.
There is a very clear ascending triangle on the Enigma 1H chart. Furthermore, volume looks good and RSI looks very reasonable.
You are very welcome! Don't forget to like if you make some profits :)
Enigma // Great potential.Enigma has some positive fundamentals behind this chart. They will be presenting at Neo DevCon in a couple of days. Backed by a strong MIT team and a great vision. If it can charge through the Ichi cloud in the circled area, then we could see some strong growth. If it is rejected it will likely fall to hard support at the bold red line.
ENGBTC is it time to enter?With a great project and team from MIT behind it, it is maybe a good entry point as it breaks the wedge and the resistance. In any cases it is a great long term hold coin.
ENGBTC bullishLooks bullish.
it can fail if BTC price falls. Keep your stop loss
FYI: I am just a beginner. Do your own research before investing!
Enigma: Breakout Above Resistance Open Doors for LongsPrice broke above the downsloping median line set signaling a change of behavior. Another median line comes into play defining price path to the upside. In case price retraces to retest the sliding paralle of the pitchfork we better watch for a buy setup completion.
All the best,
John
$ENG #ENIGMA - likely on downtrend $BTCSaw a question on twitter about Enigma $ENG going to the moon and while looking at the chart I started to draw some lines and one thing led to another...
I'm not invested in ENG but know there are lots of people interested in this coin so just wanted to share what I see on the day chart.
possible downtrend started already. currently this could be a bull trap to attract more buyers in.
long term I see this coin retracting to old levels.
So if you want to invest in this, you might want to wait a bit to confirm that this is not indeed going down.
Enjoy!
Thanks for your likes, comments, follows.
Follow me on twitter as well for more updates.
ENG bullish reversalENG :)
decentralized privacy coin. great previous bullish action, bright looking future
you can see this nice beautiful descending wedge which price has respected and broke out of
another reversal indicator was the RSI setting a higher low, while price set a lower low. this would have been an entry signal if you happened to be watching
i'd expect a reasonable target of 91k sats over the next month or two.
if you like this idea or are bullish on ENG please like and comment so others can see it.
Enigma (ENG) still in ABC correction waveIf you wanted to invest your money in enigma, its not the time for now. I think you should wait untill the ABC correction is over and buy-in at around 25000-26000
ENG - Enigma BIG Long term PotentialThis is one of the few coins that I am long term bullish on. Market cap is still relatively low for a coin that can unlock billions in value across multiple industries. Expecting the bullish price action to really ramp up once the Bitcoin markets rebound.
Technical Analysis:
Long term trend: Bullish
Currently sitting on support within the buy zone
Fundamental Analysis:
The main goal of Enigma is to transform the way that data is transmitted using their network. Many cryptocurrencies offer a safe, decentralized protocol. A decentralized protocol is a data stream that is not controlled by anyone or group. Enigma operates on an off-chain data network and will be able to store a large volume of information that is securely transmitted and utilizes decentralization to ensure that there is no single point of failure. The promise of Enigma lies in its unique technology that protects privacy of data while still allowing for computation. Nodes in the Enigma network do not see the data they compute over, yet they can publicly prove that they run a computation correctly. This opens the door for a new type of Smart Contracts – dubbed Secret Contracts, where the underlying data processed in the contract remains encrypted at all times Their first product to be launched on the new Enigma protocol is, of course, Catalyst.
Partnerships: Kyber Network, Ether Delta, AION, ETHLend
ENG Ready to Breakout?Looks over sold, and MACD is about to crossover. Triangle ascending.
I'm choosing to chart more ETH pairs since btc is still so slow to move around, I hate trading twice when I need to take profits. What strategies do you guys use?
ENIGMA SHORT POSITION ON HEADS AND SHOULDERS REVERSAL - FORMING HEADS AND SHOULDERS FOR POTENTIAL REVERSAL PATTERN
- EXPECTING PRICE ACTION IN ABOUT A DAY
OPENING SHORT AT 0.00027274
TAKE PROFIT 1 AT 0.00018057
TAKE PROFIT 2 AT 0.00006906
STOP LOSS AT 0.00034261
GOOD HUNTING FELLOW TRADERS.
TRADE SAFELY.
And now for the disclaimer!
** This information is for educational purposes only and is not advice for trading **
Enigma getting ready to rise it appears!Enigma seems to have completed a whole Elliot wave sequence and has just begun another. Wave 4 in the 1st sequence aligning perfectly with the C wave correction. Wave one and two appear to be completed and it now seems to have entered wave 3.
I am new to chart reading so take my information with a grain of salt and don't invest on solely this information. Any critique is welcome. Good luck!
ENIGMA - On track to go WAY higherENG is pushing right along the major trendline without over exhausting itself. This is a very healthy bull run that has not yet had a moonshot. I'm staying in till I see those long wicks or it breaks this trendline. Looks like ENG is having a great day.
ENG ENIGMA-- ENIGMA --
TD Sequential 9 Green candlestick showing a potential reversal. Good luck, happy trading.
