aelf Completes Its Retrace | Next Target Mapped
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.
Conditions for change
The red arrow is almost transparent because this is the less likely scenario.
We will only see ELFBTC move lower if prices close daily below the blue dotted trendline.
Thanks a lot for reading.
Namaste.
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.
Conditions for change
The red arrow is almost transparent because this is the less likely scenario.
We will only see ELFBTC move lower if prices close daily below the blue dotted trendline.
Thanks a lot for reading.
Namaste.
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.