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Enigmabtc

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
Long
by modernpicasso
$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.
EShort
by TheBigNova
ENG set to break outEng has been following an elliot wave perfectly. Right now wave 4 is cresting right about wave 1, if it drops below it will fall out of elliot wave and all bets are off. It has a very strong support floor, though, so I don't think that's likely. Right now is the time to buy (highlighted in green), then ride the 5th wave up as us traders do. Enigma is traded on Bittrex and Binance, which is helping boost visibility too. Expect 10% in the next week at the very least.
by EricDraht
Enigma (ENG) is heading to the MOON!Enigma ( ENGBTC ) is ready for a breakout These patterns come up time and time again. The reason they come up is because of the way whales accumulate coins. They use bots to do this which causes very specific patterns to emerge. You can take advantage of this as a trader if you keep an eye on the coins. The pattern is as follows: Huge impulsive increase in price, supported by huge volume . Then a (sometimes long drawn out) consolidation period where the price action usually falls into a symmetric triangle (sometimes it's an ascending/descending triangle too). As the price converges to the apex of the triangle, the volume drops off. Usually the price will go through an A-B-C-D-E 0.49% wave, followed by a A-B-C correction with a shallow C wave, because there's so much buy pressure. Then we get another breakout after this correction is complete. I've witnessed this with so many coins, but here I'm publishing my first idea ahead of time to show that it really is happening. Whales are accumulating A LOT of altcoins at the moment. If you are smart, you can spot it and take advantage.
Long
by alexcheema
10