ELF we have been tracking this asset since February 22.
Already 25% up from the UCTS buying signal on the daily.
Remember that Mainnet launch is coming on March end and this is always a bullish event in crypto, that is why I think we have some more fuel in the tank.
RSI starting to rise again, EMA100 acting as support.
Volume looks good and holding it for now, so I expect to test EMA200 as first target, Second target could be ~5300sats.
If the ascending channel fails to hold, I will evaluate this chart again. Entering now can be risky..
Trade active
Update on ELF, First target met(EMA200)...45%+ since UCTS buy signal
Volume starting to decrease Macd Bearish cross and RSI flat/declining w RSI div active Almost at Mainnet launch date Crossing EMA200 = Bullish while falling below 4160 support should be a warning! #ELF
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