AlanSantana

Can Enigma Grow More? 60%+ Possible If Support Holds

BINANCE:ENGBTC   None
Enigma (ENGBTC) has been printing some really strong bullish action, but this ended in a higher low... Can it grow some more?

We are seeing lots of bullishness right now for the altcoins vs bitcoin pairs.

We are also seeing many altcoins growing 4-6X in a matter of weeks.

Enigma can easily grow more as we are seeing huge volume going in favor of the bulls as well as great momentum.

I am driving the "line" at 0.00004500:
  • Above this level, ENGBTC goes bullish and higher.
  • If ENGBTC closes below-said level, it can easily correct lower before any additional bullish action takes place.

Multiple support and resistance levels are marked on the chart.

Thanks a lot for reading.

Namaste.

Previous analysis:

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