The Quasimodo Reversal (QMR) pattern, observed in trading, consists of a sequence of price movements: starting with a high, followed by a low, then a higher high, and finally a lower low. This pattern signals a potential reversal in the market's direction, often indicating a shift from bullish to bearish or vice versa. Traders may use this pattern to anticipate...
AMEX:ELA is a project that i need to do a bit more digging on. However, it's looking it's downtrend will continue. There's not much to say about price action accept the fact that it could potentially create a lower low just based off he TSI and MACD. It looks as though it's loosing a bit of steam. The key points of retracement are outline within the chart, if it...
💎#ELAUSDT is currently in the process of forming an extensive triangle pattern when examined on the 3D chart. This pattern exhibits the diligent respect for the uptrend trendline on the downside and the recognition of the supply zone around $2.07 on the upside. 💎A prominent development that has garnered our attention is the precise rebound from the 88.6%...
Trend: Above 50,100 and 200 EMA Positive ADX, DI above 20 Trend seems to be strong Macro outlook: Speciality retail Engaged in re-commerce business i.e. reselling previously-owned products as whole goods, or recycling items’ components/ materials for reuse Recommendation: Wait for price to cross above the resistance @ 7.46 for an entry
ELA/USDT Entry Range: $2.69 - 2.89 Take Profit 1: $3.45 Take Profit 2: $4.05 Take Profit 3: $4.45 Stop Loss: $2.25
1. The stock has a long base, it has traded sideways in a narrow vertical range for an extended period of time. This boring trading activity tends to weed out the emotionally-charged short-term traders. . The only shareholders left are the long-term fundamentally-biased shareholders who have no intention of selling their shares any time soon. The longer a stock...
Long ELAUST Im looking to long ELAUSDT after a 6h close above 6.60 1st Target - 7.67 zone 2nd Target - 8.66 zone invalidation daily close below weekly open of 6.19 after a breakout
Comparing very similar structures, one very early in prices history and one that has just formed I believe this is an indicator for another bull run up, as seen from the first formation I expect the run to be a lot larger as the formation is massive compared to the initial one Comparable points labelled (1,2,3)
Hi everyone. If you are looking for long-term investment, ELA currency is the best option for investing. After breaking the downtrend line and pullback on that line, as well as coming out of the uptrend channel ceiling and pullback on that ceiling again, we expect this currency to reach the price of 14$ in the short term and close to the price in the long term....
ela is on the uptrend and coming to a support level for the next possible push up. We can see a 400% + rise to the next resistance.
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 !!!!!
Elastos seems to be forming a giant inverted head and shoulders pattern as we can see on the monthly chart. Very bullish on breakout.
Simple analytic, but, I see something like this.. this not professional analytic, so I’m doing the best I can
First CR Council has been put in place, 13 million token burn (app. 30% of total supply) has just been approved and will take place in July 2020, and integration with Chainlink on the ETH sidechain has been announced. Future looks bright for Elastos, and the monthly Parabolic SAR has just switch to a buy.
$ELA formed cup and broke out the pivot resistance on last Friday. It couldn't close above one day before candle though. RSI hit the resistance back intraday so it may form a handle.
Descending Scallop, this is a bullish reversal pattern, which seems has already begun, with the likely formation of a bullflag at the bottom of the scallop, descending scallops have a high success rate in crypto markets based on my previous analyses! First Elastos post!