dokdorosman

Possible ELF/BTC support line and buy opportunity.

Short
dokdorosman Updated   
BINANCE:ELFBTC   aelf / Bitcoin
ELF probably will down till 9000 sats. It will be your buy point. Then track for raising 13-15000 level. This is the first target for sell. Just an idea with trusted indicators.

You can decide for buying according to MACD DEMA and MACDAS. They're giving early signal than original MACD. Also strong opening signal from Vortex is important for buying decision.
Trade active:
Current price is holding on 11000 level, but it may break this level.
MACDAS and MACD DEMA giving "BUY" signal for now. But Vortex is still widely open, it's suspicious.
My opinion is Gradual buying.
>> 11-11.5 buying stage 1
>> 9.5-10 buying stage 2
SELL TARGET 1: 13K
SELL TARGET 2: 15-16K
Trade closed: target reached:
We reached the support line. MACDAS and MACD DEMA giving obvious "BUY" signal.
Vortex reversing. If you buy from here, sell it on 12k for small profit around +%30. If you want more than wait for 13k++ but it's RISKY.
Order cancelled:
BTC went down, so altcoins too. Let's see what happens next.
Comment:
Looks like ELF/BTC have really strong SUPPORT at 9500.
Who bought it at 9500-10500 price point; be patient for crossing 13500 for sell.
Trade closed: target reached:
We've reached our first target so far. Now you can take your profit here or hold for more. I highly recommend to hold. I will explain it on updated idea.
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