[ELFBTC] aelf Early Call [350% PP]

aelf (ELFBTC’) chart looks much like every other altcoin we’ve been looking at, remember that we like to buy when the prices are low, so I look for bottomed out coins which offer the highest profits potential and lowest risk.

Let’s take a look at aelf now on the daily time frame and get started:

- ELFBTC’ printed the biggest volume bar yesterday since April, after creating a hammer candlestick on the 12th September, when a low point was touched for ELF and many other altcoins.
- EMA50 (magenta line) worked as resistance but this line will be tested again soon. It will take a few days or maybe weeks, but ELFBTC’ is ready to move.

Now let’s take a closer look at the MACD, notice that it has been creating higher lows since March and is about to cross to the bullish side:

- These are bullish signals.

Weekly chart:

- On the weekly time frame, we can see a clear decrease in volume (red line), followed by a breakout (last green volume bar on the right).
- STOCH and RSI are both oversold.
- Expect additional strong bullish action within 1-2 weeks.


Trade instructions for aelf (ELFBTC’) – Alan Masters

Buy in: 0.0000491 – 0.0000523

Targets by Alan Masters:

(1) 0.0000601
(2) 0.0000651
(3) 0.0000721
(4) 0.0000811

Stop loss: Close weekly candle below 0.0000450.

Capital allocation: <15%.



QUICK ADVICE

Always remember to breath deeply… as much as you can.

Just a few minutes is enough everyday.

But remember… breath deeply, consciously, everyday.

Namaste.

Trade active

Trade active:

Within buy in range. Feel free to buy in, rebuy and reload.

Trade closed: stop reached