Elastos rejected but another bull shot coming

Elastos showed some signs of life making daily gains and wicking above the 21 EMA. It didn't quite push through but I think another opportunity will present itself when it bounces off that bottom support range of $2.55 , maybe the bulls can push it through and back up the 200 MA $3.15 range.

Of course it will help if BTC finds its way out of the space that its been ranging in.
Chart PatternselastosTechnical IndicatorsTrend Analysis

Disclaimer