MoonPickle

ELFBTC - DOWNTREND CHANNEL BREAK

MoonPickle Updated   
BINANCE:ELFBTC   aelf / Bitcoin
ELF is currently trying to break out of a downtrend. Very interesting to watch

Long-term bullish - the coin has a great team of private investors, including Draper Dragon.

$ELF $AELF
Comment:
support

Comment:
wedge of doom on 1H TF, held by long-term support

Comment:
D1 chart, support lines violated

Comment:
a lot $ELF traders stuck in the orange box of doom, confirmed by volume/VP

Comment:
still in a down cycle
Comment:
appears to be a reversal in the making
Comment:
4H TF:

Comment:
needs some serious volume
Comment:
more taps at long-term downtrend/resistance

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