AELF reached 115% of correction at 4830 satoshi.
It's still fighting with 30d EMA line (green line), and crossing it would be a decent buy-in point with stop-loss below and in shorterm as we're still in bearmarket.
ELF seems to be consolidating. Best buy-in as for now is at 115% Fibonacci line, next one is at All Time Low which is 4160 satoshi. At buy-in, RSI should be below 30 on daily chart.
-----------------
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If you like my charts, follow me on Twitter or Steemit.
It's still fighting with 30d EMA line (green line), and crossing it would be a decent buy-in point with stop-loss below and in shorterm as we're still in bearmarket.
ELF seems to be consolidating. Best buy-in as for now is at 115% Fibonacci line, next one is at All Time Low which is 4160 satoshi. At buy-in, RSI should be below 30 on daily chart.
-----------------
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If you like my charts, follow me on Twitter or Steemit.