AYO ELF BOTTOMED TF OUT.. SIGNALING PERFECT BUY SIGNAL... STILL.... WE'RE RIGHT AT TREND LINE (PURPLE LINE) IF IT BREACHES SUPPORT RIP.
EITHER WAY I THINK THIS COIN HAS POTENTIAL IN THE LONG RUN AND WILL RETURN TO ITS PREVIOUS HIGH WITHIN 1.5 MONTHS IF IT MAINTAINS ITS CUP AND HANDLE FORMATION.
EITHER WAY I THINK THIS COIN HAS POTENTIAL IN THE LONG RUN AND WILL RETURN TO ITS PREVIOUS HIGH WITHIN 1.5 MONTHS IF IT MAINTAINS ITS CUP AND HANDLE FORMATION.
Comment:
penetrated trend line and bounced off fib .. slightly concerned we may have entered a downward channel as support became resistance. we need to see if it is able to return to trend line and begin recovery.
Comment:
looks like a confirmed bounce.. moment of truth... do we breach trend line again and look for support or face rejection and enter this downward channel.
Comment:
fam...