[XEL] Elastic Potential 400% Profit - Technical Analysis

in #money7 years ago

Hey everyone,

So I did a bit of research on this Elastic for a while now and it seems as tho it will pop sometime within the next few weeks. entry price is anything below 2750 sats and our long term target iss 14000 sats. That's over 400% profit potential. The MACD shows that soon we will see a entry point which looks like it will be between 2500-2800 sats and the Stoch RSI shows that we have been oversold for a while now and it is looking to do a turn around.

I ran looked at our resistance zones and ran a Fibonacci line to see if they match and our first big target seems we will hit 14000 sats.

Good luck :D
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