Hallemahalle
Mua

XEL - Buy opportunity after major correction

BITTREX:XELBTC   Elastic / Bitcoin
I see XEL             performed an ABC correction (also influenced by BTC             correction) after a pump.
Correction happened down to the 0.78 fib retracement level and I see a double bottom possibility here.
Volume decreased, so the hype is over and thats what we want to see.
RSI shows an oversold market on the daily chart .

snapshot

I added a screenshot of the calculated XEL/USD chart. We are now back at the demand zone on the lower region of it, so I expect accumulation here.


Of course trading ALTS during BTC             correction is risky, you might wanna wait until a safe long position on BTC             is possible.


Good Luck!

Bình luận: By the way some ppl traded the H&S pattern but H&S pattern has to be confirmed by a H&S pattern on volume and i dont see this here. I guess it was forced by the BTC correction. Just a sidenote
Bình luận: As I already mentioned BTC needs to be stable and money needs to flow back to Altcoins, but the target for the next wave would be around 12k Sat.
Bình luận: Moving sideways, not much to say as BTC has to decide the next movements. Sell if BTC crosses support, buy if we break big resistance around 9000$.

Money needs to go back into altcoins, that can take some time because people needs to trust BTC before going into altcoins.
Tiếng Việt
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
日本語
한국어
简体中文
繁體中文
Trang chủ Sàng lọc cổ phiếu Công cụ tìm kiếm tín hiệu Forex Tìm kiếm tín hiệu Cryptocurrency Lịch kinh tế Cách thức hoạt động Tính năng biểu đồ Điều khoản sử dụng Người điều hành Giải pháp Website & Môi giới Widgets Thư viện biểu đồ chứng khoán Yêu cầu tính năng Blog & Tin tức Hỏi đáp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh hồ sơ Tài khoản và Tính phí Tickets Hỗ trợ của tôi Liên hệ hỗ trợ Các ý tưởng đã xuất bản Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất