Long

Updated

ELF breakout soon

ELF is very close to breakout. I bet it gonna reach 5800 at least but here below are some closer targets

Buy zone 5300 - 5350

Target 1: 5580
Target 2: 5660
Target 3: 5800
Target 4: 5960

snapshot

Day chart with moving averages show reversal.

Note

snapshot

I don't like how ELF looks now. It reminds me of H&S pattern. So it should get there or at least near. After that we will see.. I think ~12 hours for the future to form will be enough.

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FREE telegram channels:
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex

Also on:

Disclaimer

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.