Enigma ENG - Jan 30 Technical Analysis - Potential 90% Gain @ 50K Satoshi

in #enigma7 years ago

Enigma, A Very Healthy Chart with Solid Potential


We are likely to find support at the 27K satoshi range where an impulse break up can occur. Therefore it is important to watch ENG closely over the next few days.

If we find support in this region, we can use fib retracement levels as possible impulse wave 1 targets for a possible 90% gain @ 50K satoshi.

Take this next part with a grain of salt as there isn't enough data to extrapolate accordingly, though based on limited data, longer term:

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Please consider these videos:

Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Tutorial Part 15 Automatic Stop Sell/Buy Executions

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Youtube - https://www.youtube.com/user/philakone1

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The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

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90% potential !
Pilakone you're a real gold finder

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.youtube.com/channel/UCeu9yMweVfTCftF9gvnuGeA

ITS HAD FOR ME TO UNDERSTAND THE GRAPHS SOMETIMES

when you look at them enough, it'll be second nature. please don't stop learning!

Thanks man, always insightful info!

Thanks for everything! Been learning so much from your videos <3

awesome stuff!!

Looks like a massive head and shoulders

Enigma! There are so many cryptos! Somebody just gave me a random tip about COSMOS(ATOM). After looking into it might actually be good! Its the internet of blockchains! Whatever that means, lol!

Also what do you think of KuCoin? I cant find find it on trading view to do any TA on it. Anywhere else I can look? Thanks!

i can't say i've looked at it yet but i appreciate the tip!

Thank you <3

Yes, ENG. Ladder in them buys. Eng will be having a talk on Feb 2nd on weChat to promote their product as well.

crypto tanking pretty hard right now because of tether FUD, is it the right time to buy? or wait one or two days? good analysis btw, iam holding enigma

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin9911.620$-11.73%-9.28%
ENGEnigma3.304$-18.72%-22.63%
ETHEthereum1054.180$-10.27%6.77%
LTCLitecoin161.910$-10.27%-9.12%

This is the BEST ELLIOTT WAVE TUTORIAL I've seen. Your videos are getting better and better. Thanks!!!

I appreciate the kind words!

This rocks. Cleared up a number of little questions I had about EW. I tend to struggle with the time interval I should be counting waves at...i.e. thinking a primary wave is finished by counting 5 waves only to realize in hindsight that the waves were of a lower degree. Is there any tips/guidelines to help with this? Thanks!

keep up the works thanks for the info