Enigma Critical Levels
Enigma has entered the stage of consolidation after it has rejected the resistance at 38.2% Fibonacci retracement level that is $3 area. The resistance has been rejected twice. The support at 23.6% Fibs, that is $2 area, has also been rejected multiple times along with the 200 Moving Average.
Overall, there is no clear trend established by ENG/USD, but a clear range trading is taking place. Break above the resistance or below the support is required for the price to show further intentions.
Break and close above $3.3 should send price up to 76.4% Fibs at $5.8. On the other hand, break and close below $2 could result in a downtrend continuation, potentially sending price down to $0.5 area.
Overall, there is no clear trend established by ENG/USD, but a clear range trading is taking place. Break above the resistance or below the support is required for the price to show further intentions.
Break and close above $3.3 should send price up to 76.4% Fibs at $5.8. On the other hand, break and close below $2 could result in a downtrend continuation, potentially sending price down to $0.5 area.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.