StrengthTrading
Long

ELF/BTC Buy Point for us!

BINANCE:ELFBTC   aelf / Bitcoin
We just bought some elf here at this point. I'm swing trading off of the 4 hour chart here and keeping it very simple.

-I like the volume building up with the momentum in price going higher
- Price looks to be moving out of a squeeze on the 4 hours chart
- Smaller timeframes are also lining up nicely

We are hoping for a symmetrical move in price as the last swing. Best of luck!
Comment: This is looking really good. Looking very similar to our PPT/BTC setup that turned out extremely well. Never know what will happen, but lets hope a similar move takes place.
Trade still active?
Reply
@donyewuc, yes this is still active even though is hasn't worked out as planned. We will hold this until it breaks major support at .00016101 area.
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donyewuc StrengthTrading
@StrengthTrading, Alright, thanks, man. I was looking at investing in this and DGD
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@donyewuc, No problem. I will take a look at DGD. I'm liking PPT/BTC right now and i've been riding it for awhile.
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donyewuc StrengthTrading
@StrengthTrading, I was going to get in on that at 53K Sats and now I'm kicking myself for not getting in. I don't want to FOMO in and get burned
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@donyewuc, Understandable. If you see another consolidation period on the 4 hour chart you might want to think about getting in if it is still looking strong.
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donyewuc StrengthTrading
@StrengthTrading, Thanks for the tip, man
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donyewuc StrengthTrading
@StrengthTrading, You know what's crazy? TRIG and DGD have been the two coins I've been really following for the past few days. Didn't invest in either of them, wake up today and both of them are the top earners. It feels like the universe is fucking with me right now
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@donyewuc, this stuff is definitely not easy! Patience is key with whatever system you're using.You have to have the patience to be able to stay in a crypto that becomes one of those top gaining cryptos for the day.
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donyewuc StrengthTrading
@StrengthTrading, Usually I try to get in and out of coins as quickly as possible and just make small percentage profits here and there unless I know for sure it's moving up for outside-of-market reasons. I'm still new to this and I do my best to mitigate risk and maximize profits.

What strategy works best for you?
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