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. elastic.pw/ TP1:5077 TP2:7959 TP3:11585
Comment
⋅
If you want to wait to enter, red lines are resistance
Trade active
⋅
Wonderful bounce!
Comment
⋅
Alts have been destroying this week. I think XEL will shine soon. Lets be safe traders and put a stop around 1800-2000.
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.
KryptoKyle
⋅
@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.
Winallday310
⋅
@KryptoKyle, thanks man for the info. I'll research more about Gann fan. Just needed the base to research.
KryptoKyle
⋅
@luisruan310, Yeah, just look up Gann, there is a lot of information.
xaloc
⋅
What is your current outlook on this right now?
KryptoKyle
⋅
@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.