You can see the Chart of XELBTC on Daily Timeframe .
It Seems Like correction period End.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
DUK and XEL have a 84,3% correlation over 60 market days.
Applying some of the most popular indicators on the pair DUK/XEL shows an interesting pattern. While XEL has been clearly outperforming DUK since several weeks, a trend reversal seems to occur. DUK might catch up in the coming days and weeks. The daily and the weekly RSI (1st indicator at the top "Ultimate...
Market Cap $2.800.000
Available Supply 91676277
All time high $1.16
All time high date 2018-01-10 (one year ago)
Since all time high -96.78 %
MACD goes bullish
abcde RSI pattern shows strong bullish
divergence with chart's discending triangle
Stochastic is in oversold
B-bands narrowed for impulse , seems it's ready to explode
XEL (XELBTC) is starting to wake up. It has broken above EMA10, 50 and 100 in one single candle, after printing two inverted hammers in the past few weeks.
Here is the chart:
The RSI and MACD are now both on the bullish side.
After a long period of consolidation, bottom was hit on September 15th, XELBTC is getting ready...
Throughout its lifetime, Stellar has established a solid uptrend against the Bitcoin, unlike most altcoins, which continue to lose heavily to BTC. It is clear that price producing higher highs and higher lows and the Stellar next bull run could have started.
What is the reason behind such statement? Well, the price has stuck within the triangle as STR/BTC...
On the 29th of May, Elastic has established the low at $0.21. At the same time bullish divergence was formed on the RSI oscillator and price started to move up. Today XEL/USD broke above the 50 Moving Average, followed by the breakout of the descending channel.
Recent price action suggests that Elastic is reversing to the upside. The strong resistance area is...
Elastic has been trading downwards for over a month now, losing 85% to the USD. Price declined from $1.23 down to $0.17 where bullish divergence was formed by the RSI oscillator.
Then XEL/USD broke the downtrend trendline, however, failed to produce a higher high and has been consolidating for two weeks. Recently the RSI showed that the price of Elastic is...