CryptoMichNL

XEL 1H Timeframe Chart 14 December 2017

BITTREX:XELBTC   None
Interesting 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.

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