XEL
Elastic Waiting TimeElastic 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 oversold, but at the same time, it failed to break above the downtrend trendline formed during the consolidation.
At this point for Elastic to move higher, a break and close above $0.3 is required, unless that happens price could decline back to $0.17 or even lower prior to the trend reversal.
XELBTC Great BULLISH trade 200% potentialElastic looks very interesting from both fundemental and technical standpoint.
I see it continue with a nice bullish move
BUY IN: below 0.000045
TARGET: 100-200%
DURATION: 1-3 weeks
Cheers!
PS: Before trading do your own research :)
XEL Elastic Breakout 200% ROIXEL looks like a strong breakout candidate to me. Similar to the last coin I just posted, GNT, this coin is for a decentralized supercomputer. Check out their website for a little bit more about them. www.elastic.pw
MAC D on 1 day chart about to cross back to the positive = Bullish
RSI Bottomed out and started trending back up on 4hr = Bullish
7 MA over 77 MA on 1 day chart = SBC Stronk Breakout Candidate
Buy-in under 5500 Satoshis
Targets based on Fibonacci resistance levels shown in graph.
XEL\BTC Wow XEL can make us rich very soon jump onWe can see XEL getting really strong on daily chart
We are very close to resistance if we break it then probably target 1 won't be a big surprise.
Patience my friends, this is the great skill for trading.
XEL solid, to protect yourself also go into competitor GNTOften similar coins will pump at the same time. So I've just opened small positions into GNT and XEL (both decentralized super computing, similar yet a little different in application to CND/Cindicator which I also have a position open in atm).
GNT is a more professional team that likes working to deadlines!!! That said XEL a lot of people believe could be a better product.
From a trading perspective obviously one is safer and one has some true potential if it takes off due to smaller market cap.
XEL specifically because we're on that graph it just broke 50 day MA, looking towards 200 now. Watch for possible resistance at first fib level.
To be honest with lightning news and uptrend BTC might be about to take off, so be cautious of BTC dragon. Still I'm happy to stick on these as if BTC pumps I think these will hold value pretty well!
Once again I'm in XEL and GNT for small positions.
XELUSD Elastic - Ichimoku short Cup indicator.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 being priced where I believe it will dip to for my entrance point, you want to see the coin decline & build support before making such a decision.
12/15/2017 LONG XEL:BTC XEL building up in volume with bullish trend upwards (supported by RSI). MACD crossover has happened and price is looking to jump the trend line.
In order to enter into a trade, I will be looking for the price to bounce off the lower trend line. If a 1 hour candle closes above the upper trend line, I will initiate the buy order.
Buy-in: after 1hr candle closes above upper trend line (blue)
Stop-loss: 10-15% below purchase price (when price breaks resistance #1, adjust stop-loss to just below this level ~0.00002630
Hope this helps! If you would like me to look at any others or want an update, holla at me! Cheers!
12/15/2017 Long XEL:BTC Potential BreakoutMACD crossover signaling potential buy. RSI indicators confirming bullish trend. Price closing near trend lines. Watch for 1-hour price candle to close above trend line; if close, trade is active and we will buy with stop-loss below upper trend line in case of fakeout. Conservative buyers can look to buy XEL if price bounces after breaking out.
XEL Breakout (1000% Potential) - RiskyXEL is another coin that just broke out.
Thanks for the tips on the chat for me to look at these coins.
Initial breakout confirmed when closed above 2000 satoshis.
Next major resistance is 2750 satoshis, closing above that, will have us looking for new highs.
Massive amounts of room for growth on all indicators for this coin.
Buy in: below 2750 satoshis
Stop loss: 1690 satoshis (0.00001690)
Targets:
(1) 0.00009150
(2) 0.000142
(3) 0.000213
(4) NEW ATH - will be posted in an update.
This is another risky trade.
Please trade at your own risk.
I will add more information in the updates below.
Thanks again for being you.
Thanks again for your support.
XEL 1H Timeframe Chart 14 December 2017Interesting one to watch, as this is bouncing on this support level and possibly making a descending triangle. Negative thing: the MACD turned negative and might go down even more. So, it can go several ways:
1 - Bounce on this support and breaking out upwards, so we can make a nice swing.
2 - Drop down, make a falling wedge and break out upwards.
3 - Drop down and bounce on the lower level around 1800
So, if it drops down, use a stop/loss just in case. BTC is around the corner to make some moves as well.
Elastic Explosive Growth PotentialElastic 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 interest flowing into the Elastic coin where trading under heavy volume is likely to continue. If this will be the case, investors ave could see an explosive move up on XEL/USD, potentially resulting in 200%, 400% or even larget growth against USD.
First strong resistance could be at 127.2% Fibonacci retracement level applied to the corrective wave from August, that is $1.15. The second target is 227.2% level at $1.9.
Only a break and daily close below the $0.17 will invalidate bullish outlook. The rewards for such a small risk seems enormous and therefore the buying opportunity is very attractive.
XEL AccumulationBITTREX:XELBTC has been accumulating since its last P&D, I think its ready to pop. You could enter now or wait for confirmation. Below 3500 sats is a good buy.
www.elastic.pw
TP1:5077
TP2:7959
TP3:11585
xel elastic wyckoff speculative chartpure speculation, possible wyckoff pattern? clear daily buy hammer after all time low, clear down trend resistance, wait for breakout. tried to fit movements based on lasts market cycles dates.
XEL buy!!!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
Xel-USD trading IdeaUpward movement can be expected to fib level indicated, based on a fairly strong re-bounce from the oversold area, had been consolidating in channel, crucial level to break around $ 0.33 cent. Most important if it breaks that level,.. longterm downtrend broken!
XEL could drop a little before rallyXEL shows conflicting signs but overall seem about to move up, considering its price just came out of its ATL. Potential short term profits to up to 44%, and possibility to much higher gains if it decides to rally towards a new ATH, not something I'm personally counting on, but who knows.
C'mon $XEL, nuff waited here :) Maybe we don't need to wait for a whole week ? :) Yes I am a fan of $XEL and subjective !
Final week for $XEL ?Once the BTC retrace gets stabilised on a temporary support between $6.400 - $7.000 next week, $XELBTC will be ready for a confirmation of a breakout over 0.0000504 .
Agree ?
Elastic (XEL) may be repeating a familiar patternHave 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