ELFUSDT | Massive Upside PotentialVolume Profile Insights: A significant volume surge is evident in the volume profile charts, indicating strong buyer activity.
Strategic Moves:
Early Entry: Securing a ticket on this bullish train early could be a game-changer.
Blue Box Zones: These are your key areas to watch for potential buy-in action.
Conclusion: The impressive buyer interest in ELFUSDT, coupled with the volume surge in the charts, suggests a potentially lucrative opportunity. Keep an eye on these strategic zones to make the most of this bullish momentum.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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ELFBTC
aelf (ELF) formed bullish Gartley for upto 12% moveHi dear friends , hope you are well and welcome to the new trade setup of aelf (ELF) token with US Dollar pair
Previously we caught a almost 30% pump of ELF as below
Now on a 4-hr time frame, ELF has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ELF/BTC - aelf: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the NYSE:ELF / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00001119 | 0.0000116 | 0.00001268, and the major support zones can be found at 0.00001011 | 0.00000944 | 0.00000836. Consider entering at the current price zone of 0.00001117 and targeting higher levels.
◰◲ General info :
▣ Name: aelf
▣ Rank: 166
▣ Exchanges: Binance, Kucoin, Huobipro, Mexc, Hitbtc
▣ Category/Sector: Services - Shared Compute
▣ Overview: ælf looks to permit scalability and extensibility through a multi-layer branching structure formed by a main chain and multiple levels of side-chains.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001117 ₿
▣ 24HVol: 9.300 ₿
▣ 24H Chng: 5.377%
▣ 7-Days Chng: -5.68%
▣ 1-Month Chng: 0.65%
▣ 3-Months Chng: 3.05%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001119 | 0.0000116 | 0.00001268
◢ Support: 0.00001011 | 0.00000944 | 0.00000836
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.56
▣ Last 90D: -0.31
▣ Last 1-Y: 1.32
▣ Last 3-Y: 0.71
◲◰ Volatility :
▣ Last 30D: 0.42
▣ Last 90D: 0.38
▣ Last 1-Y: 0.53
▣ Last 3-Y: 1.45
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.61 - Bullish
▣ In-depth ELFBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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Whether it can rise above 0.3053 is the keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(ELFUSDT chart)
The question is whether the price can sustain the rise above 0.3053.
(1D chart)
If the price holds above 0.3053, I would expect it to re-direct around 0.3980.
If it fails to rise above 0.3053, it is important to find support in the 0.2688-0.2918 zone.
A drop below 0.2688 is expected to break the previous latest low, so caution is needed as it is unclear how far the decline will go.
------------------------------------------
(ELFKRW chart)
In order to continue the uptrend, the key is whether the price can rise above 413 and sustain the price.
If not,
1st: 375-382
2nd: 343
3rd 306
You need to make sure it is supported in the vicinity of the 1st-3rd order above.
(1D chart)
Once the uptrend begins above 413.0, it is expected to re-direct in the 471.0-525.0 zone.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Next period of volatility : from around July 25thHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ELFBTC 1W chart)
You are on sideways.
The question is whether it can rise above 0.0000 1384 to get out of this sideways.
-------------------------------------------
(ELFUSDT chart)
The question is whether the price can sustain the rise above 0.3111.
Therefore, it is necessary to check whether there is a movement out of the 0.2621-0.3131 range while passing through the volatility period starting around July 25th.
Since the channel formed by the trend line forms an extension channel, if it fails to rise above 0.3111, I would expect a decline around 0.2168.
Therefore, when it falls below 0.2616, the point of the HA-Low indicator on the 1D chart, that time corresponds to the stop loss zone.
If price holds above 0.3111, I would expect a move towards 0.3980.
---------------------------------------------------------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
$ELF/#BTC [#aelf]: SuperTrend Resistance_Breakout_Confirmation◳◱ We have identified both a Super Trend pattern and a Resistance Breakout on the $ELF / $BTC chart. Both indicators are signaling a bullish trend, with the Super Trend showing a bullish trend and the Resistance Breakout confirming this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00001076 | 0.00001159 | 0.00001307 and the major support zones are at 0.00000928 | 0.00000863 | 0.00000715. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001016 ₿
▣ 24HVol: 17.623 ₿
▣ 24hChng: 0.994%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001076 | 0.00001159 | 0.00001307
◢ Support: 0.00000928 | 0.00000863 | 0.00000715
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.34 - Bearish
▣ Reddit sentiment score is 0.61 - Bullish
▣ In-depth ELFBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
aelf (ELF) formed bullish Cypher for upto 177% pumpHi friends, hope you are well and welcome to the new trade setup of aelf (ELF) token with BTC pair
Previously we had a nice trade of ELF:
Now on a daily time frame, ELF has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
aelf (ELF) has formed bullish BAT for upto 35% pumpHi dear friends, hope you are well and welcome to the new trade setup of aelf (ELF) token with BTC pair
Previously we had a nice trade of ELF:
Now on a 4-hour time frame, ELF has formed bullish BAT pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SYMMETRICAL TRIANGLE PATTERN - ELF/BTC REVIEW 📚Good day everyone.
Today I'll be discussing on symmetrical triangle patterns.
How it looks, builds up, and plays out.
1.DEFINITION
First of all, what is a symmetrical triangle?
A symmetrical triangle is a chart formation where the slope of the price’s highs and the slope of the price’s lows converge together to a point where it looks like a triangle.
What’s happening during this formation is that the market is making lower highs and higher lows.
This means that neither the buyers nor the sellers are pushing the price far enough to make a clear trend.
If this were a battle between the buyers and sellers, then this would be a draw.
This is also a type of consolidation.
Symmetrical triangles can play out both ways - equilibrium consolidation (buyers = sellers).
This mean there's a possibility a breakout ⬆️ and a breakdown ⬇️.
2. ENTRY (TRIGGER ENTRY SIGNAL)
In a symmetrical triangle pattern , you're to trade the breakout or breakdown. So your trigger entry is basically when the inclined resistance (for a breakout ⬆️) or inclined support (for a breakdown ⬇️) is broken by the market price.
3. TARGET (TAKE PROFIT)
Here, I'll be discussing on your profit target levels in the case of a symmetrical triangle pattern .
Basically your take profit levels should be where there's a high concentration of sellers ( sell orders ) or buyers (buy orders). And this is basically your resistance levels (in the case of a breakout) and your support levels (in the case of a breakdown). Further targets are the fibonacci extension levels (1 - 1.272 - 1.414).
4. STOP LOSS AND SETUP INVALIDATION
Stop loss and setup invalidation are quite similar terms but different.
Stop loss is simply a level where you cut your losses. It's like a breathing space for your trade. Your stop losses shouldn't be too tight ( to avoid being hit by stop loss hunting or market noise). It shouldn't be too far also (to give you a good risk to reward ratio (R:R)).
Setup invalidation is your last hope of validation. It's the last point that keeps a trade setup valid. When broken, the setup is invalidated ( no longer useful, you'll need to run another analysis).
Setup invalidation in a symmetrical triangle pattern is usually below the previous swing low ( for a breakout ⬆️) or the previous swing high (for a breakdown ⬇️).
Note: Your stop loss can be less or equal to your setup invalidation, but not greater.
5. TRADE EXAMPLE
I'll be using my analysis on ELF/BTC as example of a symmetrical triangle pattern .
Trade entry (long order ⬆️) - Limit entry at the test of the symmetrical triangle's inclined support or price breakout above the symmetrical triangle inclined resistance as expected from my previous analysis.
- Target (take profits levels 🎯): horizontal resistance / projected ascending channel resistance.
- Setup invalidation and stop loss: breakdown below the previous swing low.
Price brokeout as expected from my previous analysis and hit my targets.
That's that for symmetrical triangle pattern.
Thank you.
ELF/BTC { AELF } - BULLISH SETUPANALYSIS 🔎
- ELF/BTC has been consolidating in a symmetrical triangle pattern.
- Price is testing the symmetrical triangle's inclined resistance as expected from my previous analysis.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@0.00000823).
- Horizontal resistance level (@0.00000911).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
ELF/BTC { AELF } - BULLISH SETUPANALYSIS 🔎
- ELF/BTC is consolidating in a symmetrical triangle pattern.
- Price is testing the symmetrical triangle's inclined support.
- There's an ongoing double bottom formation.
- A double bottom is a bullish reversal pattern.
BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: breakout above the double bottom neckline resistance.
TARGETS 🎯
- Horizontal resistance level at the mid region of the symmetrical triangle.
- Symmetrical triangle's inclined resistance.
SETUP INVALIDATION ❌
- Breakdown below the double bottom horizontal support level and the symmetrical triangle's inclined support.