ELFUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
One of my theories/ thoughts.
>> Is looking at prices and it's heavy/ lots of seller areas.
It's like a fortress/ flood barrier.
When and once it's broken.
I need to be aware that in theory sellers been eaten up/ absorbed.
And buyers should be in control.
It's just a theory.
You shall explore and experience it.
IDK what gurus think. But to me it's a simple...
On the 1-day chart price action is trading near long-term resistance, in case of a breakout the target mentioned above becomes valid(potential top could be a little bit higher or lower, also there are bullish divergencies on the 4-hour chart on multiple indicators)
◳◱ On the $ELF/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.5558 | 0.6671 | 0.8366 and support near 0.3863 | 0.3281 | 0.1586. Entering trades at 0.4698 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: aelf
▣ Rank: 143
▣ Exchanges: Binance, Kucoin,...
ELFUSDT is currently displaying a bullish trend on the 4-hour timeframe, characterized by a consistent pattern of higher highs and higher lows. This price action suggests a sustained upward momentum in the market. Additionally, the absence of any bearish divergence adds to the positive outlook, indicating that the bullish trend may persist.
Based on this...
ELFUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target...
Hi dear friends , hope you are well and welcome to the new trade setup of aelf (ELF) token with US Dollar pair
Previously we caught a almost 30% pump of ELF as below
Now on a 4-hr time frame, ELF has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
Let's embark on a thrilling journey through the intricacies of ELFUSDT! 🚀 Join me as we dissect its price movements, uncover potential patterns, and reveal the hidden gems that could drive your crypto portfolio to new heights. Get ready for an in-depth analysis that's packed with insights and tailored just for you
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(ELFUSDT chart)
The question is whether the price can sustain the rise above 0.3053.
(1D chart)
If the price holds above 0.3053, I would expect it to re-direct around 0.3980.
If it fails to...
Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ELFBTC 1W chart)
You are on sideways.
The question is whether it can rise above 0.0000 1384 to get out of this sideways.
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(ELFUSDT chart)
The...
![ELFUSDT: [Simple Signal]BIG BULLISH Signal for ELF Coin!](https://s3.tradingview.com/i/i5XLCENa_mid.png "[Simple Signal]BIG BULLISH Signal for ELF Coin!")
