- ELF/BTC is consolidating in a symmetrical triangle pattern.
- Price is testing the symmetrical triangle's inclined support.
- There's an ongoing double bottom formation.
- A double bottom is a bullish reversal pattern.
BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: breakout above the double bottom neckline...
Hello everyone, analyzed the ELF/BTC pair
Formation of a bullish triangle with a squeeze towards resistance.
Do not forget that such triangles flash upward, false breakout and price rollback.
This pair, very dangerous as it is visible, triggers on candlesticks where many traders are left locked up.
Trading this pair can bring a potential profit of up to 40%
Moon, buy1 and MA20 is about to cross MA50. When that happens, we can buy at support and look for sell1 or hell signal. If the chart goes below the McGinely dynamic line, we can feel confident buying.
We can use sell1 or hell signal for sell decision. Bolinger band may also give a good idea when to sell.
We are looking at the altcoin project called aelf for the ELFBTC trading pair.
We are looking strongly bullish after a retrace tested and confirmed EMA50, EMA100, and EMA200 as strong support.
With this level tested, yesterday we had a strong bullish candle close and today a resumption of growth... The next target is clearly marked on the chart.
ELF is trading at an above-average volume, with strong bullish indicators and a narrow accumulation area, it is expected to burst this week. There is a 40% earning potential this week.
Stop Loss: 900
1st Target: 1200
Keep your losses small and profits large.
aelf (ELFBTC) is available for trading on all major exchanges for Altcoins, which is Binance, Bittrex, Kucoin, Huobi, HitBTC, and OKEx... This pair can continue to grow.
Just today prices crossed above MA200 (black line) for ELFBTC, after breaking above this strong resistance, EMA300 can be hit next.
We also have a higher low as a bullish signal for this pair...
BINANCE:ELFBTC has finally managed to break above a resistance that has been keeping it from going anywhere for the last few weeks, looking like a S/R flip.
Target 1: 0.00000852
Target 2: 0.00000906
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when...
Interesting coin that (probably) deserves more attention. One of the most active GitHub repositories .
Rsi on 1d is oversold.
I would say buy now and sell for at least 50% profit. Or keep for longer period of time.
We saw a massive volume spike on the 4th of February. I believe that we have reversed the bear trend into a bull trend there.
- We broke out of the ichimoku cloud.
- We are seeing continuation across all the altcoins. with Ethereum leading the pack.
- We left the high time frame resistances behind us.
Massive upside potential here.
ELFBTC is moving above MA200 and you know what that means... This altcoin pair can easily produce huge gains if this level can be conquered...
For a level to be considered "conquered", prices need to move and close above-said level.
So if MA200 is sitting at 0.00000867, ELFBTC needs to close daily above this level for us to consider it "cleared/conquered"....
BINANCE:ELFBTC breaking above and finding support on the MA200, looking to see a move back to previous highs.
Target 1: 0.00000769
Target 2: 0.00000841
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high...