Possible 60% , showing up bullish patterns in elfbtc and elfusd. RSI Forming concave parabola up.
aelf coin had 2 pump & dump in the last 48 hours, its good chance to enter a position and make limit order above 1.5USD , check also aelf new on google!
On the 8th of March, ELF/USD broke below the support at $0.85 and went down to $0.4, where it rejected the 227.2% Fibonacci retracement applied to the corrective wave after the support breakout. The support was rejected cleanly and while RSI has formed a bullish divergence, the price went up breaking the descending channel. Current price action suggests potential...
Elf breaking through upper trendlines. Just bought it.
All the stars have aligned for buy according to the strategy !
In this post I'm taking a completely different approach as usual - looking for the hidden gems or ... recent "ICO" coins that have been dumped in the bear market yet have immense growth potential, and due to the bear market - even more "mooning" potential ! ------- This post is about AELF ("ELF") - a crypto (also labeled at times as the " Polkadot of China ")...
The instability with Bitcoin coupled with a major sell-off, has put ELF below the .786 fib, looking to break resistance. It has found strong support from previous resistance before the bull rush in Jan, which retraced 100%. USD value (.71) close to All time Low (.68), Bullish divergence on the 4hr RSI. I don't imagine a strong project like this, especially a...
Aelf is widely promoted project with high scope of usability (cloud computing blockchain). Finding new potential trend reserval and moment of rise is always hard and this is my first attempt to do that with ELF/USD. Cup n handle formation after huge correction with crossing downtrend lines seems to be a good place of starting the new uptrend.
AELF IS A GREAT COIN WITH A PRETTY FASCINATING PROJECT! I EXPECT A BOUNCE OFF THE TREND LINE @-0.27 AND TEST THE UPPER CHANNEL ARROUND $1.75 AROUND 0. MORE UPDATES TO FOLLOW!
It would appear after a cup and handle now forming a walling wedge in my opinion and should be in reversal very very soon. Easy to play just set and alert right above the wedge and if it goes off do some basic validation and get into the trade!
As you guys can see, we have multiple confluence factors at the current price level, indicating that wave 3 is about to start. Targets are marked on the chart. +122% minimum target from the current price level.