Get started

Elfsetup

AELF(ELF/BTC)-Long setupAELF (formerly Grid) main goal is to create a decentralized cloud computing network. AELF is a decentralized self-evolving cloud computing network. AELF provides a highly efficient multi-chain parallel-processing system with cross-chain communication and self-evolving governance To establish a Blockchain infrastructure for various commercial requirements, There is an upcoming MainNet launch of this project by the end of this month i.e around 31st March'2019 and could be one of the cryptocurrencies with upside potential. It might affect AELF price analysis so let's analyze daily Timeframe chart of the pair to know levels to buy for upside potential. ELF/BTC pair ranged for more than 2 months since November'2018 and finally broke out of range in the month of February'2019. It moved 50+% against BTC pair on Binance and has been under correction. But, it has the more potential upside for the pair with the upcoming catalyst (MainNet). If the pair breaks the preliminary resistance around 0.00004830-0.00005000 satoshi level Satoshi, then one buy at these levels after the retest. If the resistance is not broken then we can see the price reaching support level 0.00003495-0.00003721 satoshi where interested buyers can look for these levels to enter for safe entry. If the 0.00003495-0.00003721 satoshi level is not held then one can look for buying around 0.00002835-0.00003000 satoshi level with a tight stop-loss. Sellers can look for two potential resistance zone around 0.00005000-0.00007000 satoshi to book profits. Also, it has been trading above the 200D-SMAs and inside Ichimoku cloud, which is slightly bullish with STOCH-RSI indicator in the sell zone. Caution: If the last line of support 0.00002835-0.00003000 satoshi level is broken then one should not hold the coin as it would be strongly bearish for the asset.
Long
by coinswitch-trading
JUST IF I Pump $ELF, Do You Really Wanna Know Why?Decentralized Cloud Computing is the most make sense industry at the moment. It's also linked with many big companies wanted to achieve the same thing on the same project. Cloud computing is quite primadona at this time and maybe several years ahead. Name it, Alibaba, Google, Microsoft and many others which smaller also wanted to have a piece of cake of this sector audience. Then, Decentralized Cloud Computing Blockchain Network sounds really good. Because it's probably the mid-term goal on top of it for now. And that's what aelf, or the ticker ELF, do. It's not a surprise if you see their website is full of big partnership investors, I do agree with them. Plus point, their website looks pretty nice. For real tho, aside of big partnerships, they are also listed on Exchanges like Bitfinex, Binance, Bithumb and Huobi. Top notch. Even tho there are several others on the list but these four are convincing enough for me. What i don't really like is their percentage of token owners. Really giving a little space for the market. Of course this action really reasonable because they knew their quality. Hmm interesting... Judgin from the fact that right now is on the accumulation zone. I bet a lot of capital right now trying to monopoly the market supply as we can see for weeks now. Just watchout. If you wanted to invest and accumulating for mid-term timeframe, you should pick something like this with proper entry. Because you already read the major reason, why this stuff great and why I will pump it. But i need to collect as much as I can before attracting the prey to my trap, retailers, so i can gaining a lot fo profit as I can. I think 5000 - 5500 is good accumulation range and if you got caught the price below 5000 sats then it's pretty big discount sale. Trade safe!
Long
by blockchaindedi