AMEX:ELA is a project that i need to do a bit more digging on. However, it's looking it's downtrend will continue. There's not much to say about price action accept the fact that it could potentially create a lower low just based off he TSI and MACD. It looks as though it's loosing a bit of steam. The key points of retracement are outline within the chart, if it...
We expect ELA price to retest the major support.
ELA may be hidden WEB3 gem therefore we believe that it may be a good to accumulate Elastos at the key support level if the price drops there and hold it for the next bull run.
Elastos is a hidden gem.
It´s web3 token which is ready to continue its uptrend.
The demand line hasn´t been broken. Uptrend still in game.
0.618 fib level is our target , however if web 3 tokens have their hype, we expect Elastos to pump much higher
Strong buy now as it´s still cheap after recent correction
No financial advice
Elastos is a very very underrated project that has been in a bear market for more than 3 years.
It has drawn a beautiful rounded basing pattern with a possible double bottom during the last year.
Recently volume has been picking up big time and OBV on balance volume has jumped significantly without giving back recent improvements.
This project aims to build the...
One of my alt calls here ready to explode.
Not many altcoin projects are as built out and ready for developers as Elastos.
They got mainnets, sidechains, ID chains, you name it and most crypto projects are STILL celebrating mainnet launches.
Eventually a project within the top 15 of developer activity will get noticed.
That time is more than likely coming...
Descending Scallop, this is a bullish reversal pattern, which seems has already begun, with the likely formation of a bullflag at the bottom of the scallop, descending scallops have a high success rate in crypto markets based on my previous analyses! First Elastos post!
