In a week we will reach the apex of this years long falling wedge pattern that suggests ELF, like many other altcoins might go on a bit of an upside adventure soon. this looks like it could be the type of pattern that drags on and on for a bit, nullifying both lines and making new ones all the time, until some day it finally completes and breaks out, but even if it takes a while I'm going to say that this is a good price to buy ELF, if not for a years long bull trend then at least for a dead cat bounce before altcoins reach their real bottom.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.