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%...
We expect ELA price to retest the major support. ELA may be hidden WEB3 gem therefore we believe that it may be a good to accumulate Elastos at the key support level if the price drops there and hold it for the next bull run.
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
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
5 may will be a important day for the coin 5th wave and and a new cycle to begin
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
Bought some $ELA here for this bullrun! You can buy it on KuCoin.
Comparing very similar structures, one very early in prices history and one that has just formed I believe this is an indicator for another bull run up, as seen from the first formation I expect the run to be a lot larger as the formation is massive compared to the initial one Comparable points labelled (1,2,3)
Heads up ! Elastos is looking strong and is battling agains strong resistance at the 5 to 5.20 mark. Once this price point is cleared the future looks very bright for ELASTOS. Stay tuned.
Hi everyone. If you are looking for long-term investment, ELA currency is the best option for investing. After breaking the downtrend line and pullback on that line, as well as coming out of the uptrend channel ceiling and pullback on that ceiling again, we expect this currency to reach the price of 14$ in the short term and close to the price in the long term....
ELA 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...
Someone asked me to do an elastos TA Looks like there's been a pump recently? a big chunk has been burnt! it's in a descending triangle which we know ain't good! short term you might see small moves to try and test the descending resistance as the rsi is in oversold. long term the daily charts are way overbought so a move down to the fib support 2.50...
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Hello everyone, as ELA is favourite for many traders, i have got a look on this. Risk Reward(RR) is 1:2 for Target 1 which is good. Everything is mentioned on the charts. Remember not to risk more than you can afford, so trade under your risk capacity. Best of Luck. Checkout some more ideas below and show your support for this work by giving a like.
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!