BITTREX:XELBTC   XEL / Bitcoin
BITTREX:XELBTC has been accumulating since its last P&D, I think its ready to pop. You could enter now or wait for confirmation. Below 3500 sats is a good buy.
https://www.elastic.pw/
TP1:5077
TP2:7959
TP3:11585


Dec 06
Comment: If you want to wait to enter, red lines are resistance
Dec 11
Trade active: Wonderful bounce!
Dec 14
Comment: Alts have been destroying this week. I think XEL will shine soon. Lets be safe traders and put a stop around 1800-2000.
Dec 25
Trade active: TP 1 reached!
Hey Man. Great analysis, i'm also TA trader. i would like to ask you a small question, how does those 9 lines facing downwards shows accumulation. I'm very interesting to understand that indicator, what is the name of it? I was looking at XEL yesterday and it cut my attention by a lot.
Reply
KryptoKyle luisruan310
@luisruan310, Thanks man! I hope to have ALOT more up soon just been very busy. Anyways, its not an indicator, its a tool. Gann fan, its shows future support and resistance levels. Kinda like trends lines..ish.
Reply
luisruan310 KryptoKyle
@KryptoKyle, thanks man for the info. I'll research more about Gann fan. Just needed the base to research.
Reply
KryptoKyle luisruan310
@luisruan310, Yeah, just look up Gann, there is a lot of information.
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What is your current outlook on this right now?
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@xaloc, it smashed through both resistances and went above trading range. Consolidating now to break out of it imo. 2500 or below was great buy. If your looking to enter now is great, or on any dips around 2500 again. TP over 5k still in play.
+1 Reply
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