ELF-BTC trade opportunity of 50% on cards - Support confirmation
Updated
Strong BUY as previous daily resistance flipped support of 3914 just confirmed yesterday to be strong current support as BTC move up didn't push price below that level on a daily candle close.
Entry - Under 4200
TP1 - 4640
TP2 - 5813
TP3 - 6539
TP4 - 7712
SL - 3614-3914 dependent on Hold period
Recommended Hold period - 2 weeks to 1 month with SL at 3614.
Make sure to secure a good entry based on Boll bands, RSI etc to maximise your opportunity. Use SL and Do Your Own Research on Project Fundamentals before making a trade decision.
Quick short term trade levels for very short term opportunity hunters.
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If you like this idea, give me a thumbs up. Also have a look at my scripts
If you would like to try the scripts, PM me. If you are a new trader/beginner and would like a TA coaching session, PM me for a free 30m session on Team Viewer.
Happy trading.
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Telegram - t.me/TradeChartist
Twitter - TradeChartist
Entry - Under 4200
TP1 - 4640
TP2 - 5813
TP3 - 6539
TP4 - 7712
SL - 3614-3914 dependent on Hold period
Recommended Hold period - 2 weeks to 1 month with SL at 3614.
Make sure to secure a good entry based on Boll bands, RSI etc to maximise your opportunity. Use SL and Do Your Own Research on Project Fundamentals before making a trade decision.
Quick short term trade levels for very short term opportunity hunters.
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If you like this idea, give me a thumbs up. Also have a look at my scripts
- AI Lite indicator which populates BUY/SELL signals on chart based on a high probability system
- Levels Generator with Fibs script that plots automatic support resistance levels for any timeframe with option to plot manual Fibonacci levels
If you would like to try the scripts, PM me. If you are a new trader/beginner and would like a TA coaching session, PM me for a free 30m session on Team Viewer.
Happy trading.
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Telegram - t.me/TradeChartist
Twitter - TradeChartist
Trade active
Note
Price dipped with BTC move up but once again support of 3914 proved to be strong re-confirming the strong support there where the price started moving up nicely. The 'Levels Generator with Fibs' auto levels plotted those lines nicely without the need for a trader to do anything.Note
The levels plotted for short term trade mode by my script AI Lite worked very well for short term active trade. PM me to try for a day.Note
TP 1 - 4640 done
Get in touch with me if you would like access to my Premium scripts for a trial before deciding on lifetime access.
Telegram - @Trade_Chartist
Free Scripts - bit.ly/Free-Scripts
Telegram - @Trade_Chartist
Free Scripts - bit.ly/Free-Scripts
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