ENGBTCHi 👋 trader
Analysis of #ENGBTC
Price is trading inside a triangle we could see a break soon, usually if it smaller triangle I would have traded it for a breakout to the upside, but for this one, I prefer to wait for the price to decide
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ENGBTC Bear scenarioConsidering the daily time frame showing possible bullish divergence.
If we're following Elliott wave theory it seems a long WXY correction is not yet over. As it must respect Fibonacci ratios which are most the golden ratio of 61.8.
The bull scenario here if it will break out from the trend line
Enigma Starts To Gain Momentum (Potential Impulse Move)Enigma (ENGBTC) is starting to gain bullish momentum and we can see a potential impulse move happening soon.
For this move to happen we need to see volume increasing and preferably a close above EMA50 (0.00006902) on the daily time frame (less than two hours from now the daily candle closes. 00:00
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