ELF in Buy Zone

BINANCE:ELFBTC   aelf / Bitcoin
The instability with Bitcoin coupled with a major sell-off, has put ELF below the .786 fib, looking to break resistance.

It has found strong support from previous resistance before the bull rush in Jan, which retraced 100%.

USD value (.71) close to All time Low (.68),

Bullish divergence on the 4hr RSI .

I don't imagine a strong project like this, especially a protocol/platform token, falling much lower. But don't rule anything out in Crypto. Always use a stop-loss.

5x the volume on Huobi vs Binance currently. And Huobi has the option to go directly into Tether.

This would be a medium to long term hold. Aelf is regularly getting more listings and partnerships, and has major roadmap events set to deploy between now and during May 2018.

Always do your own research before taking on a long term hold. Here's a beginner's link:

Happy Trading.

yeah looks like a proper bottom, prob trade sideways for a bit but it has fantastic potential for gains
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