Bottoms are in. Time to moon again. The Williams Vix Fix Indicator as well as the PPO PctRank indicator have both found bottoms on the hourly chart... a huge sign that this is probably as low as the dip will go. The RSI is already seen passing the EMA, which in combination with finding TWO bottoms is an extremely strong bullish sign. If you're not already in on this amazing project, now is probably the last chance you have.
ENGBTC trade ideas
ENG to $10 within 48 hoursSo we've had a very up and down, and sideways day for Enigma. Once the roller coaster ended, we saw ENG test the lower support a total of three times, and the middle support twice. I believe that we will still have a couple more hours of sideways trading, but i'm calling $10/ENG within 48 hours from now. Time for the big spike.
#NotTradingAdvice#IHaveNoIdeaWhatI'mDoing
Bullish Convergence on ENGFib, MACD, RSI, Support and Trendlines all indicate a bull market. I believe the price will continue to trend upwards. ENG is a highly innovative token with a solid team behind it and also has great potential as a disruptive technology. I view this coin as still very undervalued by the market. I am trading this coin to increase my holdings of ENG. I am trading with 20% of my ENG holding. The other 80% I am holding long term.
ENGBTC Rising wedge + top of a pitchfork - short term correctionEnigma has had an amazing bull-run the past few days, but is seemingly running out of momentum. The price is forming a rising wedge while nearing the top of our pitchfork-trend. RSI is also telling us that the higher high has been made on lower momentum, indicating a short-term reversal.
Shortterm traders might look to place a stop-loss, but I'm holding enigma for the long term and will not be selling. Rather I'm looking for another buy-in at the median or bottom of the blue zone of our pitchfork.
Enigma symmetrical triangle still not too lateBITTREX:ENGBTC
The reason I said is not too late to get in this trade: we tested the support at 17300, we might get another retest of the cloud which would be a good entry point(the reason for that is that Kijun Sen is still inside the cloud and there is a possibility of ranging which will take the price to the upper boundary of cloud support). The DMI, MACD and RSI are supporting a long trade.
At the Kijun Sen or a little below, entry from as low as you can get like 17300 - 18150. The target is 32200.
ENGBTC ascending triangle formingRelatively well defined triangle here, with resistance around 0.0002 - getting into a very tight range, so this should resolve one way or another soon. Sometimes false breakdowns can give good entries on these, so position sizing goes far. Daily/4-hour charts show very healthy consolidation at defined levels so risk management should be easy on this one.
ENG clears this candle above the .236, Lambmoon timeLike i said above, get ready for some good bull action if this 1 hour candle clears above the .236 fib line. MACD was about to cross lines, but changed course last second. If the candle clears below, my guess is that we will still see minor bull trend, but have a correction to arond 16100-16500 sats, and then fully recovering and mooning. #ThisIsNotFinancialAdvice and #IHaveNoIdeaWhatI'mTalkingAbout
Enigma sell wall is very thinI have a position in ENGBTC from 95k sats but i'll be looking to add more on the next breakout. If you check the buy wall on Enigma you'll see it's huge while the sell wall is very thin i.e. no one is selling!
This demand will drive the price up nicely, buy on breakout or accumulate along the bottom of the trendline.
For swing traders, the fib levels hold very well and can give you 5,10 and 20% swings.
DYOR, not financial advice, your capital is at risk.
ENG/BTC Potential 50%+ Profits- ENG is approaching an ascending wedge
- About to cross on the MACD
- RSI looks good
- Support on the fib retracement
- MA shows support and bullish (21 over 50)
- Ichimoku Cloud could have a better signal but we will have to watch
I have set a buy order around 17500 sats with the end target at its ATH, each other target will be around the fib levels
Would love to hear your feedback and thoughts on this.
If you want to tune into any livestreams, find me at twitch.tv/ryon or twitch.tv/rollinincrypdough
ENG/BTCEnigma is a decentralized computation platform with guaranteed privacy created by a very competent team most of which are MIT graduates. I really encourage YOU to read the white paper which based on a publication with over 100000 download, as a published scientist I can tell this project is very professional and definitely worth investing into. Trading volume is very low but you can see some very strong support levels. I opened my trade position at 18000 satoshis and will add more to my position if it dips to second resistance level. Definitely a project that will see massive returns in the coming years.
White paper: enigma.co
ENIGMA (ENG/BTC) 64% PROFIT SETUP, BREAKOUT=POSSIBLE 164% PROFITEnigma is a great project lead by many smart young MIT Students and advised by professors, and investors. The project itself is new and is headed to break resistance at 26000 sats.
Entry: 15500-16000 Sats
Targets:
26000 Sats: 54% Profit
41000 Sats: 164% Profit
Good Luck.
ENGBTC Cup and handle on the 4hr chart! (120+% trade opp)ENGBTC has formed a cup and handle formation following a breakout to new highs on the bittrex chart. Look for a break of the 20,000 satoshi level. Ride the middle bollinger band (the red line), any break of it and its a sell signal. Targets include 30,000 followed by 44,000!
ENG holding up well against BTC runWhen BTC had that little pump action shotgun a minute ago, most alts suffered terribly. ENG took just a small loss, and has started recovering quicker and harder than all the rest. We have a support at 1600sats that we need to stay above, and then should have a good chance of breakup up past the .618 fib into better gain territory. Will update with better chart as we progress.