Further downsides expected, perfect cup portrayed on chart.
Rally to RSI 55 level and even higher is what I'm waiting for.
After a clearly define range breakout with a 42-day high, Aelf has been continuing to set new highs every week, setting a nice trend towars a significant 0.0001250 level. A break and consolidation above this level could potentially set up a very nice risk-reward trade. Volatility has been kept relatively low which would allow for a closer stop level once we reach...
$ELF Crossed & Flipped ~900 sats resistance into support Crossing above EMA50 & breaking from accumulation (?) range since August 19. Volume is not that strong tho! (so please use a tight SL just in case..) If it get some traction from here, aiming for ~1100 sats (20%+) #ELF
BINANCE:ELFBTC Exchange : Binance Coin: ELFBTC Buy Zone: 0.0000093~0.0000088 Target Point: 0.0000098/ 0.000011/ 0.0000115/ 0.000012/ 0.000014 S/L: 0.0000085 Risk: HIGH Term: Short It looks like making a Ascending Triangle I think It'll pump in a few days If it's all right with BITCOIN If you are risktaker, you can but...
Had this coin in plans since end of August, but its accumulation period last much longer than expected, although 8% profit was already collected and trade closed. Now it is time to open it again. Expecting to see it pullback a little once again and then finally move towards marked targets.
ELF/BTC BINANCE Buy zone : 780-820sats Target : 1) 830-835 sats quick target 2) 860-880 sats 3) 900- 920 sats If continue bullish 4) 950- 1000sats 5)1050-1100 sats (40%+) STOP: tight 772 or 743 sats Elf consolidating in falling wedge and it should move higher check volume . BTC dominance goes down...
So, from recent price action I clearly see that aelfbtc bears tried to push price lower but couldn't. So from here I see opportunity to go into long position for 20-25%. Keep stop-loss around 740 area. RSI bullish and coin still on it's lows.
The priceline of aelf (ELF) / Bitcoin cryptocurrency has completed the formation of shark pattern and entered in potential reversal zone. The stochastic is already oversold. We have pivot 1st support just beneath the PRZ area which will push the price action back to hit the sell targets insha Allah. I have defined below sell targets using Fibonacci sequence: Buy...
$ELF Broke from accumulation range under resistance at ~1650 sats and crossed it without too much issues UCTS buy signal on the 6h (8% up) A retest of ~1730 sats may happen prior reaching new local highs (use as entry) Volume looks kinda weak for now so use tight SL #ELF
Signal ELF/BTC BUY Open 2227 SL 2182 TP 2522 Risk/Reward: 1/6.56 Strong support line. AO and RSI divergence.
$ELF Reaching ATL BTC support zone at around 2200sats.. Last iteration with this level went pretty good an aiming for 10% quick gain seems fine as first target (if it pumps it pumps...) Volume is super low for now but aim for an entry as lower as possible with a tight SL #ELF
ELF is forming a symmetrical triangle on the daily chart RSI is rising SBS indicator yet to signal BUY BUY - BUY now or at the breakout Targets are on the chart Sl - -5% of Buy-in or below the last support Always watch out for BTC volatility