ELF continues to follow its fractal pattern, as it now approaches the beginning of its expected ~150% run over July and the first half of August. As denoted by the two smaller yellow arrows, we should see a bit of a pullback from the test of the purple resistance down into the transparent box (accumulation zone). I'll be placing my buys at:
0.00010700, 0.00010200 and 0.00010000 (prices in ELF/BTC).
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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.