JustChartThings
Panjang

$ENG.X #cryptocurrency #ENGBTC building for a breakout

BITTREX:ENGBTC   Enigma / Bitcoin
After being denied twice around 0.00041-42, ENGBTC             has held support. The large volume coming in yesterday seems to have stabilized ENGBTC             for another potential test of ATHs. However, failure at the support levels shown might indicate further correction is necessary and likely. Ideally, would like to see a solid volume move above 0.00045 for this play to strengthen.

In the current environment, I'm betting more on breakouts than breakdowns. Coinhills' website here: https://www.coinhills.com/statistics/volume-bitcoin-altcoin/ provides a good quantitative metric to keep an eye on for considering when alt plays become weaker.

You can trade Enigma on Binance, a growing platform you should try if not yet already registered; they're currently upgrading infrastructure so you may not be able to register immediately. Using their token, BNB, lowers trade fees to 0.05%. If interested in registering, I would appreciate if you use my referral link: https://www.binance.com/?ref=10276631. It helps me a little and your fees are the same!
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