Back from bottom of channel can make R/R of 3 and more but you have to buy in 2 or 3 step to manage the risks and set stop loss below the channel if it breaks
Have a good day
Learn and learn
NFA
Elastos is a hidden gem.
It´s web3 token which is ready to continue its uptrend.
The demand line hasn´t been broken. Uptrend still in game.
0.618 fib level is our target , however if web 3 tokens have their hype, we expect Elastos to pump much higher
Strong buy now as it´s still cheap after recent correction
No financial advice
Here again, analyzing the market, I recently noticed the crypto ELASTOS , which I had on my watchlist when there was information on the COINBASE exchange and at the moment it has a lot of potential. But so far it has only gone down.
My first impression that I had was that price drop 95% since 2018. That caught my attention cause in that year cryptos like...
Comparing very similar structures, one very early in prices history and one that has just formed
I believe this is an indicator for another bull run up, as seen from the first formation
I expect the run to be a lot larger as the formation is massive compared to the initial one
Comparable points labelled (1,2,3)
Heads up !
Elastos is looking strong and is battling agains strong resistance at the 5 to 5.20 mark.
Once this price point is cleared the future looks very bright for ELASTOS.
Stay tuned.
Elastos is a very very underrated project that has been in a bear market for more than 3 years.
It has drawn a beautiful rounded basing pattern with a possible double bottom during the last year.
Recently volume has been picking up big time and OBV on balance volume has jumped significantly without giving back recent improvements.
This project aims to build the...
Hi everyone.
If you are looking for long-term investment, ELA currency is the best option for investing. After breaking the downtrend line and pullback on that line, as well as coming out of the uptrend channel ceiling and pullback on that ceiling again, we expect this currency to reach the price of 14$ in the short term and close to the price in the long term....
Each time we have seen bullish divergence on the RSI compared with downward sell pressure, we have seen explosive moves up.
At the end of May, the price was falling dramatically, printed a higher low on the RSI and immediately rebounded with an 82% move in days.
The same thing occurred in the middle of June as well, falling price, higher low on RSI followed by a...
Elastos can be seen to be in the early stages of nearing a reversal point with this recent bounce off the descending scallop trendline
While populous can be seen, engaged in a reversal at the current moment
Descending scallops often are very slow to come to fruition and is a common trend among many altcoins
Heres two
ELA started its recovery and currently successfully retested previous resistance as new support.
This maybe takes a while but it will be worth the wait.
Let's watch and hodl together.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first...
Elastos did do a retest eventhough it did not touch are drawn box.
We are heading upwards now and rightly so.
Checkout the roadmap of elastos here:
elastos.info
Sidechain proposals will be updated in May 2021.
Java and Python are coming before Q4.
The volume keeps up which is a good sign.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you...
Elastos gets more and more attention as you can see on the volume increase.
The pricerecovery however has just startet, so there are still great entry opportunities.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't...
I believe we've seen the bottom, upwards from here once we've broken $5
ATH was around $80 in 2018
HUGE POTENTIAL WITH THIS GEM!
my bags are loaded :)
Elastos.info check them out !!!!!
I believe we've seen the bottom, upwards from here once we've broken $5
ATH was around $80 in 2018
HUGE POTENTIAL WITH THIS GEM!
my bags are loaded :)
Elastos.info check them out !!!!!
