XEL possible cup formation Long

BITTREX:XELBTC240

Description

⋅ Aug 27, 2017 3:57 PM

It requires confirmation, but i will give it a chance. We could be at the bottom. Great risk/reward ratio.

Trade active

⋅ Aug 29, 2017 7:50 AM

Chart Patterns

Comments

javiergra

⋅ Aug 29, 2017 7:50 AM

Reversal confirmed, going towards 0.00015.

SnyyperT

⋅ Aug 30, 2017 5:07 AM

@javiergra, since it fell from .00025 to .00010 range does that mean it has to go up 100% to counter the 50% drop ? Lol I have no idea what I'm saying, what I really want to ask is can we see .00025 this month?

javiergra

⋅ Aug 30, 2017 8:08 AM

@Taimoora64, the project is healthy, so I think it can recover all the retracement. Anyway target 1: 16500 seems good. I'll sell a bunch of coins at that level.