#Elf has strong support zone from starting this week and elf is very dip now.. elf's support is very hard and strong ...
Elf going to pump soon...
don't forget SL
This chart looks really nice, we got nice 5 waves to the upside and now price is moving moreless sideways for 36 days, so uptrend should continue. I think, that bottom of the correction isn´t set yet, we always had only 3 waves to the upside (this means "x" - failure) - we usually have one or two failures (WXY or WXYXZ correction ) before the bottom of the...
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ELFBTC: Resistance Become Support.
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ELF had textbook bullish cycle, made of 5 waves and now, we are probably in ABC correction. We should hit approximately 1000 satoshi and then uptrend should continue. The next target is 1886 satoshi.
We saw a massive volume spike on the 4th of February. I believe that we have reversed the bear trend into a bull trend there.
- We broke out of the ichimoku cloud.
- We are seeing continuation across all the altcoins. with Ethereum leading the pack.
- We left the high time frame resistances behind us.
Massive upside potential here.
ELF has produced an ascending scallop, if handle forms this is a great buy zone for a second possible ascending scallop, in market conditions such as these.
ELFBTC is moving above MA200 and you know what that means... This altcoin pair can easily produce huge gains if this level can be conquered...
For a level to be considered "conquered", prices need to move and close above-said level.
So if MA200 is sitting at 0.00000867, ELFBTC needs to close daily above this level for us to consider it "cleared/conquered"....
BINANCE:ELFBTC breaking above and finding support on the MA200, looking to see a move back to previous highs.
Entry: 0.00000720
Target 1: 0.00000769
Target 2: 0.00000841
SL: 0.00000684
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high...
Ascending triangle on ELF and high volume, looking like a big breakout is incoming.
Entry: 0.00000722
TP 1: 0.00000783
TP 2: 0.00000827
TP 3: 0.00000862
SL: 0.00000682
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and...
ELF/BTC
There is an early sign of bullish strength on the RSI as the price makes Lower Low but the RSI is painting the opposite.
Though ELF is still trading inside this descending channel it is still not enough proof for a trend reversal.
The price needs to break 760 sats and pullback and form another Higher Low between 700 sats and finally break Higher High....
Double bottom Adam & Eve pattern on BINANCE:ELFBTC with accumulation showing on the RSI, looking like an impending breakout is coming.
Entry: 0.00000713
Target 1: 0.00000769
Target 2: 0.00000839
SL: 0.00000683
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments....
ELF LOOKS TRY TO SET THE BOTTOM, HERE'S WHY:
* Low volatility last days
* MACD MA's tries to cross bullish
* MACD momentum bars show less and less bear momentum
* Exaggerated divergence
* Price on good support.
* Tries to escape the downward channel
Let's see what happen next dyas / weeks
