Elastic (XEL) Analysis: Binary Direction

haejin (89)in #bitcoin • 9 years ago

Here is Elastic coin. Waves 1,2,3,4,5 are done and abc is labeled but I feel abc correction is not done because they usually reach to wave 4 level. But, still possible to rise.

Here is what the other possiblity would be if c of abc reached wave 4:

Setting a tight stop would be ideal to see which scenario might happen.

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.

#cryptocurrency #blockchain #altcoin #xel

9 years ago in #bitcoin by haejin (89)

$0.03

2 votes

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Elastic (XEL) Analysis: Binary Direction

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