Elephant keeps climbing the stairsThis is a spinoff of an earlier publication I made.
I still have faith in this project, it has made a miraculous recovery after the exploit.
The last few weeks price action has been positive and liquidity has grown faster than before.
If it decides to follow the ongoing pattern, we might se another leg down, but I wouldnt be surprised if it keeps its steady pace upwards.
Check out elephant.money for more information, as far as BSC projects go, this might be the best one.
Elephant
Elephant breakoutElephant made a clean breakout from the bearish channel it's been operating in for almost 6 months, and is on track to continue upwards.
Old ATH is about a 5X from here, it has the potential to at least reach it, and possibly go much higher.
Rock solid project unlike a lot of the BSC-flies out there.
Big ecosystem, staking, bonding, farming etc, and lots in the works.
Elephant's Trunk is working its way back to peg.BSC project Elephant with its stablecoin Trunk hit a speedbump when an exploit and the following selloff almost ended the whole project.
But it pulled through, and big things are in the making,
Trunk lost peg, and has been in a downwards trend for some time. But todays news brought it back to life, and daily gains are good.
Project is solid, and both Trunk and Elephant are worth keeping an eye on.
¿The bottom of the correction?Apparently CGC wants to look for support in a zone around 0.67 Fibonacci, but is this support reliable?
Looking at the indicators, an entry at this time would be premature and therefore risky.
We will wait for the Elephant pattern to fully develop, entering one of the two situations shown on the indicator.
Better to also have the support of Zenith and Change Index, observe your situation in the best moments of purchase
SILEF Silver Mining Bolivia I follow big money mining insiders who buy large blocks of companies. Eric Sprout bought into this Silver mine in Bolivia. They have found lots of silver on the property but are still in negotiations with the government for the rights to mine the property. So there is risk but again that is why I follow the Eric Sprout. The chart is obviously bullish. The company may get the rights and sell those rights to others and never mine.
BTC retracement cycle done? We got a nice impulse leg yesterday and currently drawing in a flag pattern which usually results in a continuation of the direction of the impulse move.
BTC might be heading up from here and we are looking for longs once again.
long on break of flag or long in the golden pocket area.
XBTUSD: Bitcoin a bullish scenarioA bullish scenario for bitcoin:
- price will not close below 6134
- iH&S, will confirm after breaking the neckline (on increased volume)
- target for scenario 7k$ range
- if we close above the resistance area we are likely to see more elephant waves:
www.coinstreet.limited
BATBTC: Looking to buy the retracementWe got a nice impulse leg yesterday making a new high and turning into a bullish trend. (short term)
I'm now looking to buy the retracement into the buy zone.
XBTUSD: Expecting a retrace into buy zoneIt's still unclear if we get the retracement wave but we are very close to a significant resistance area and failed to break past it the last couple of days. Chances of some retracement waves are going up as we speak.
I'm looking to buy the retracement wave when it enters my buy zone, and will manage the position (take some profit) in the target zone add a trailing stop for the remainder of the position.
ladder buys from: 6648 - 6582
target: 6699 - 6762 (depends on price action in the area)
Moment of swingLONG - We're at a strong support level and at the bottom of the consolidation. There's a good possibility we bounce here, which could make for a nice short term long. Levels of resistence are shown. A break above 218 would be more confirmation for long.
SHORT - A break below 215 could get ugly seeing how volume has been high throughout this cycle.