3 Fibonacci grids drawned :
1 : Fibonacci retracement from November high to 15 February swing low
2 : Fibonacci extension from 15 February low to 9 March swing high
3 : Fibonacci extension from 15 February low to 3 April swing high
Confluences provides 4 very interesting resistance / support levels (if confirmed) to watch for ((x) indicates above...
Check the daily chart, if immidiate resistance between ~4.1-4.3 is breached then rise to 6 USD is possible. Limited volume has occurred between ~4-6 USD which will be like driving a warm knife through butter for ELA.
$ELASTOS is headed to $4.45, educationally. That 3/1 Gann line...touches it probability is high. The green shaded area..if gets into that..has a shot at $5.65
![ELAUSDT: Elastos 30-day moving average [8-5]](https://s3.tradingview.com/j/j5txCXZk_mid.png "Elastos 30-day moving average [8-5]")
![ELAUSDT: Elastos 30-day moving average [8-4]](https://s3.tradingview.com/h/h52cEvcw_mid.png "Elastos 30-day moving average [8-4]")
![ELAUSDT: Elastos 30-day moving average [8-4]](https://s3.tradingview.com/x/xJc7hYwV_mid.png "Elastos 30-day moving average [8-4]")
![ELAUSDT: Elastos 30 day moving average [8-3]](https://s3.tradingview.com/p/Pcs78zH8_mid.png "Elastos 30 day moving average [8-3]")
![ELAUSDT: Elastos 30 day moving average [8-2]](https://s3.tradingview.com/c/CYzcybvD_mid.png "Elastos 30 day moving average [8-2]")
