Enigma ENG Jan 23 Technical Analysis - Consolidation Phase in Wave 2 Primary. Long Term Projection 80K Sat @ 100% Gains
Wave 1 done, Wave 2 consolidation (ABC) in process, Wave 3 target 80K+ Satoshi @ 100% Gains
We see five waves up followed by a consolidation period with a potential H&S forming.
Assuming this 0.618 fib level holds for this wave, we can project a basic 1:1 extension minimum for wave 3 at target 80K satoshi / 100% gains.
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 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
Lesson 3- Let's learn Moving Averages
Lesson 4- Let's Learn Relative Strength Index RSI with Advanced Strategy
Lesson 5 Let's Learn MACD and Histogram
Lesson 6 Let's Learn Margin Trading Long, Short, Leveraging
Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
Lesson 9 Let's Learn Fibonacci Extension Part 2
Lesson 10 Let's Learn Laddering
Lesson 11 Let's Learn Time Frames
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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.
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Thanks @philakonecrypto... as you say, many altcoin charts are starting to look similar... probably as they are paired with BTC.
Good analysis Philakone, BTS next Please..
great video. love how you break things down in terms I can understand. anythoughts on BNB