ENIGMA (ENG): Nothing Mysterious About Attaining 0.001128 BTC (140% Profit Potential)
SUMMARY
Once a bottom is found, the original trend resumes and this can be measured using Elliott Waves and Fibonacci ratios. The below chart depicts a rounded bottom pattern which is quite common for correctional bottoms. Once wave 1 is established, it ca heavily be used as a reference to delineate the remaining waves. Those details can be found in my Elliott Waves tutorial. The waves 3 and 5 are placed per Fibonacci ratios to wave 1 and the target can be identified as 0.001128 BTC. I've added the subwaves of wave 3 which targets 0.000964 BTC.
Here is the ENG/ETH. A rare event to identify a double handle pattern and it has been in the cryptos where such unusuals have been identified. Cryptos are quite different in personality than stocks as they adhere beautifully to the directions of sentiment.
The higher degree of trend for ENG/ETH shows a target of 0.0257 ETH. There is a typo in the chart, it should show it as ETH and not BTC target.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Eng is a hodl coin .
Just got in on ENG today. I like the fundamentals of this one. And in this market $500M market cap actually feels kind of low with a lot of room to grow.
yup seriously , easily a 5B coin in long hold . Check out PRL too only 100 M .
I'll have to do some research on this one.
I'm reviewing todays trades and I have one question - how long can @haejin pun these great titles?
Could you please do an update on Omisego?
I'd like that too, but the OmiseGO team is also solid, and OMG is one of 6 cryptos that I'm hodling for the long-term. I don't think you'll go wrong hodling this one even if it doesn't hit Haejin's PT in the short-term. Their team photo reminds me of a young Google btw.
Well, Maestro! Great news! Thank you!
We create already 26 member's crypto millioner's ! Wanna be next ?
Here you have form ! Don't wait and do it same .
https://goo.gl/forms/oa4xYs6WcHVDqiVp1
lol
Thank you again @Haejin!
Nice
Thanks you for Share this.
Haha First!
First to do what?
Big respect to you and your community and I hope it will be a great year for all.
I would appreciate if you can technical analys (GRS) or (COB) :)