$ENG #ENIGMA - likely on downtrend $BTC

Saw a question on twitter about Enigma ENG going to the moon and while looking at the chart I started to draw some lines and one thing led to another...
I'm not invested in ENG but know there are lots of people interested in this coin so just wanted to share what I see on the day chart.
possible downtrend started already. currently this could be a bull trap to attract more buyers in.
long term I see this coin retracting to old levels.

So if you want to invest in this, you might want to wait a bit to confirm that this is not indeed going down.

Enjoy!
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