Have to keep in mind that with Bitcoins historic rises, which have inversely impacted the price of other cryptocurrencies, that the lows before that previous XEL spike were higher than the most recent lows. Follow on Twitter: twitter.com
Cup and Handle formed and it's time for take off
I think we're going to bullishly slide through the Twist before the next upcoming cloud. I'm here to learn and improve my skills, and I welcome all constructive criticism and conversation. If you disagree with the prediction, I'd love to hear why. Looking forward to chatting! Good luck trading everybody!
Early entry - red. Good entry - blue. Perfect entry - orange. Mid term targets are 8000, 11000 and 15000 sats.
following possible inverse H&S formation on BITTREX:XELBTC time for confirmation: 2 weeks
0.00006046 strong support. Long at 0.00008000, take profit at 0.00014000 and stoploss at 0.00006000 seems like a good R/R setup.
Fraction indicates that breakout to upside might occur in the next couple days for $XELBTC $XEL
XELBTC on the technical side has been respecting our confluence zone 78.6% and trendlines seems to be intact. So I would like to buy it from this very moment *Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies and crypto currencies can be risky and potentially profitable opportunity...
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......
I see the opportunity to BUY XELBTC it is going up to 0.000128 area most likely for sure so I recommend to close all the sell position Enjoy trading If you like my analysis please help to like and follow Thank you
after hit 20% at our previous analysis, XelBTC pullback. We have 0.00011258 as buy zone around fibonacci 50-618 and aim for checkpoint at 0.00012969. After that, there still one more wave down before reach target at 0.00015378
In my opinion we shall see a big breakout of XEL in the near future Technical Analysis & Fundamentals are great We'll see a big move.
Still on the red trend line. Short term targets are 11k and 12k (green).
Its on the way to perform W4. May result with ROI after breakout.
XEL is young cryptocurrency so it;s hard to predict its behavior couse we don't have long history of the price. Grean horizontal lines are representing main support (arround 9500) and resistance arround 15k) which is the main price channel for about a month. Two possible scenerios for the ascending triangle break out: 1. Going straight up to 15k resistance...