Descripción
⋅ 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: