Updated

ELFBTC - DOWNTREND CHANNEL BREAK

635
ELF is currently trying to break out of a downtrend. Very interesting to watch

Long-term bullish - the coin has a great team of private investors, including Draper Dragon.

ELF $AELF
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support

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wedge of doom on 1H TF, held by long-term support

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D1 chart, support lines violated

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a lot ELF traders stuck in the orange box of doom, confirmed by volume/VP

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still in a down cycle
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appears to be a reversal in the making
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4H TF:

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needs some serious volume
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more taps at long-term downtrend/resistance

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