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Cryptosuf
8. Jan. 2018 20:07

ENG/BTC - looking like a breakout 

BITTREX:ENGBTC60
Enigma / BitcoinBittrex

Beschreibung

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ENG / BTC is looking bullish. It seems to have held up very well against the market dip earlier today!

You can see that the blue impulse has started and is currently finishing wave 2. We should see wave 3-4-5 coming up!

This was requested by @JasonChahine

Please feel free to ask for any coin analysis everyone :)

Kommentar

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everything looking good so far! Good job to everyone who is in this one
Trend AnalysisWave AnalysisChart Patterns
Kommentare
melvininc36
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Hey bud,

I trade them on Kucoin.

but here is a link to BNTY --- coinmarketcap.com/currencies/bounty0x/

and RPX coinmarketcap.com/currencies/red-pulse/
Cryptosuf
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@melvininc36, sorry I couldn't find a good chart to analyze for it :( its not on trading view
vapecaster
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@Cryptosuf Really nice forecast! Thanks! One question though, did you predict this pattern before ETHlend and Enigma partnership news or after? Obviously, this partnership had the major impact on the breakout
Cryptosuf
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@vapecaster, thank you very very much! :) I didn't even hear about the news lol. I have no clue about the coin honestly. I do strictly TA ( technical Analysis ). Listening to the news is part of fundamental analysis. Elliott waves states that a a news or event shall arrive to justify the forecast. That news you mentioned may have been the news to arrive already.

But just from me analyzing this chart I could see that it could go up by using chart patterns and Elliott Waves combined with Support and resistance levels to try to determine price points for the future :)

I have no idea when the news came out but I made this post about 24 hours ago! its interesting to see that Elliott waves are able to help predict prices before the actual news comes out :) My mentor @Haejin always talks about this phenomena .

Goodluck!
vapecaster
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@Cryptosuf, impressive! Yep, the mystery of nature and trading patterns :) The news came out much latter than your prediction, so well done ! blog.enigma.co/enigma-and-ethlend-partner-to-bring-secret-contracts-to-decentralized-lending-5d983dc6dc0d
melvininc36
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Good Morning Crytosuf - what do you think of BNTY and RPX both trading on Kucoin?
Cryptosuf
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@melvininc36, good morning :) sorry I didnt see this earlier. I will get to it later today hopefully
Cryptosuf
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@melvininc36, hey friend. I cant find either of those? are they not on Trading view?
melvininc36
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@Cryptosuf, coinmarketcap.com/currencies/red-pulse/
melvininc36
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BNTY?
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