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. Entry: 0.00000720 Target 1: 0.00000769 Target 2: 0.00000841 SL: 0.00000684 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high...
ELF/BTC There is an early sign of bullish strength on the RSI as the price makes Lower Low but the RSI is painting the opposite. Though ELF is still trading inside this descending channel it is still not enough proof for a trend reversal. The price needs to break 760 sats and pullback and form another Higher Low between 700 sats and finally break Higher High....
ELF/BTC ELF broke important key support on the daily time frame, I don't how far the price will go down but since the RSI is already under the oversold condition, there could be a potential minor relief rally.
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.