almost identical setup compared to multiple other ALT USD pairs..
ELA about to leave accumulation range, potentially come back to restest old resistance trendline as new support and fly from there..
Elastos short term price prediction to $10. Huge fan of this project. This coin could potentially hit ATH's by the end of the year. I'm selling off a portion of my bag at these resistance levels and will surely be buying back in.
ELA touched its important resistance level last week and it got rejected ,now it is between the channels middle and the resistance level.
price probably wants to form a consolidation pattern here keep it in your watchlist and wait for the break out.
Hello my fellow traders,
This analysis is more about fundamental side of this cryptocurrency than TA. (Despite i wrote down some support lines, and ascending triangle)
Please, have a look at this coin and go and read something about it. CEO was employed in microsoft, and also whole team is awesome, the work hard and already have some real products and other...
moonshot . sleeper. i have zero. Always wanted to but glad i didnt Actually doesnt look like a bad one to accumulate although its prob on shit exchanges
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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First CR Council has been put in place, 13 million token burn (app. 30% of total supply) has just been approved and will take place in July 2020, and integration with Chainlink on the ETH sidechain has been announced.
Future looks bright for Elastos, and the monthly Parabolic SAR has just switch to a buy.
One of my alt calls here ready to explode.
Not many altcoin projects are as built out and ready for developers as Elastos.
They got mainnets, sidechains, ID chains, you name it and most crypto projects are STILL celebrating mainnet launches.
Eventually a project within the top 15 of developer activity will get noticed.
That time is more than likely coming...
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.
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