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.
Thanks
Adil Khan
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...
Here's a look at the 15min candles, a regression channel has formed from my stop loss indicator ($0.44) & is heading upward rather steadily.
The Ichimoku is showing a short term dip, which is why I believe we'll see it here form a Cup & Handle.
I've marked on my chart my expected targets & I would encourage WAITING for your buy-in. Despite the coin currently...
Elastic has been rejecting the $0.22 support during the past few months and finally, today it broke above the triangle pattern. The breakout was very clean while the price on 4h and 8h charts closed above the downtrend trendline.
What is interesting is that the breakout was accompanied by a heavy volume and was very sharp. This could indicate on the money and...
bullish candles, increase in volume, turn oscillators ..... I think he's ready to explode.
buy here.
target 0.000045-0.000057
I will not put a stop-loss
Here is an update to my previous XEL -0.94% USD analysis.
Please use it as a guide. look for reversal signals at key resistances and supports. ( RSI divergences are my favorite)
This is just for educational purposes and is not trading advice. Please just use as a reference to make your own trading decisions!
All of this is just an educated guess at best......
Hi all
Here is an update to my previous XEL USD analysis.
Please use it as a guide. look for reversal signals at key resistances and supports. (RSI divergences are my favorite)
This is just for educational purposes and is not trading advice. Please just use as a reference to make your own trading decisions!
All of this is just an educated guess at best... No...
