[ELFBTC] aelf Early Call [350% PP]aelf (ELFBTC’) chart looks much like every other altcoin we’ve been looking at, remember that we like to buy when the prices are low, so I look for bottomed out coins which offer the highest profits potential and lowest risk.
Let’s take a look at aelf now on the daily time frame and get started:
- ELFBTC’ printed the biggest volume bar yesterday since April, after creating a hammer candlestick on the 12th September, when a low point was touched for ELF and many other altcoins.
- EMA50 (magenta line) worked as resistance but this line will be tested again soon. It will take a few days or maybe weeks, but ELFBTC’ is ready to move.
Now let’s take a closer look at the MACD, notice that it has been creating higher lows since March and is about to cross to the bullish side:
- These are bullish signals.
Weekly chart:
- On the weekly time frame, we can see a clear decrease in volume (red line), followed by a breakout (last green volume bar on the right).
- STOCH and RSI are both oversold.
- Expect additional strong bullish action within 1-2 weeks.
Trade instructions for aelf (ELFBTC’) – Alan Masters
Buy in: 0.0000491 – 0.0000523
Targets by Alan Masters:
(1) 0.0000601
(2) 0.0000651
(3) 0.0000721
(4) 0.0000811
Stop loss: Close weekly candle below 0.0000450.
Capital allocation: <15%.
QUICK ADVICE
Always remember to breath deeply… as much as you can.
Just a few minutes is enough everyday.
But remember… breath deeply, consciously, everyday.
Namaste.
ELF
JUST IF I Pump $ELF, Do You Really Wanna Know Why?Decentralized Cloud Computing is the most make sense industry at the moment. It's also linked with many big companies wanted to achieve the same thing on the same project. Cloud computing is quite primadona at this time and maybe several years ahead. Name it, Alibaba, Google, Microsoft and many others which smaller also wanted to have a piece of cake of this sector audience.
Then, Decentralized Cloud Computing Blockchain Network sounds really good. Because it's probably the mid-term goal on top of it for now. And that's what aelf, or the ticker ELF, do.
It's not a surprise if you see their website is full of big partnership investors, I do agree with them. Plus point, their website looks pretty nice.
For real tho, aside of big partnerships, they are also listed on Exchanges like Bitfinex, Binance, Bithumb and Huobi. Top notch. Even tho there are several others on the list but these four are convincing enough for me.
What i don't really like is their percentage of token owners. Really giving a little space for the market. Of course this action really reasonable because they knew their quality. Hmm interesting...
Judgin from the fact that right now is on the accumulation zone. I bet a lot of capital right now trying to monopoly the market supply as we can see for weeks now. Just watchout. If you wanted to invest and accumulating for mid-term timeframe, you should pick something like this with proper entry.
Because you already read the major reason, why this stuff great and why I will pump it. But i need to collect as much as I can before attracting the prey to my trap, retailers, so i can gaining a lot fo profit as I can.
I think 5000 - 5500 is good accumulation range and if you got caught the price below 5000 sats then it's pretty big discount sale.
Trade safe!
Analytics ELF/BTCThe asset tries to change direction, and gradually gaining strength.
There is a systematic increase in volumes, which may indicate a stable but slow growth.
On entering the entry point, it is premature to say that we are at a price day of 0.00005751.
The coin causes trust and it can be considered as a long-term investment.
ELFLong-term and medium-term deal It depends on your choice of exit area (sales)
Always better sell in stages with quantity supplied at each drop
Better also put orders to sell pending(Open Order)
It is preferable to enter after the price is settled above the 0.00010000 BTC on the daily basis
For those who want to use stop loss be at 0.00007000 BTC
There is a strong resistance area at 0.00011700 BTC, if breached and stabilized above it will be the next target 0.00014000 BTC
It is expected to rebound from them and then attempt to penetrate more than once BTC 0.00011700 ,,, depends on the amount of liquidity
Profit margin is 94% calculated from the price of 0.00011700 BTC to 0.00022800 BTC
Objectives :-
1- 0.00011700 BTC
2. 0.00014000 BTC
3. 0.00016000 BTC
4- 0.00020000 BTC
5. 0.00022800 BTC
ELF Bullish after demand zone will be reached - CryptoManiac101Elf is becoming bullish as it is approaching demand zone 1 and support zones. Elf has a bright future in terms of profit potential as it is currently undervalued somewhat in this crypto space.
Short term investors only enter when it breaks outward.
Medium term investors enter at demand zone with appropriate stop loss.
Long term investors enter at demand zone with long term hold.
Members can contact me directly for breakout alerts.
Enjoy this trade, advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
$ELF BTC - beautiful falling wedge - 100%++ at 1:26 risk/rewardGood day traders
I hesitated putting this idea up because at the moment, BTC might see support and rebound or it might just slip right through the triangle support and head towards the 4800 range. With that being an unknown, I normally would recommend a trade like this after the signal from BTC but with such a short stop at the moment, It’s a low enough risk trade that I feel confident about sharing
Firstly, let’s look at the daily, we have a first wave that did 320%. Three hundred percent (insert jaw drop emoji here)!!! I don’t know many coin that did that much during their first push after the recovery from CME fall.
Secondly, that push was eventually followed by a second wave correction that should end either today or tomorrow at or near the 100D MA.
Third, back to the main 4H chart, we see that there’s a beautiful falling wedge which should terminate just between the .618 and .65 fib retracement levels. With the 100D MA right at the golden fib zone between .618 and .65, chances are high we'll get a bounce.
With those 3 things in play, if the crypto gods are willing, and if the stars align tonight, AND AND AND IF we see bullish momentum from BTC, we’ll likely see ELF bouncing from this descending wedge support to exit the wedge and make its way towards the first target at 19500, then on to 26000. We should expect more out of this push, but how far will depend on how these first few waves move. We'll re-estimate after we get the 1-2 push. I will likely update this idea or make a new one by then.
The wonderful thing about this trade is the ridiculous short stop. We’ll be stopping at roughly 11750 because if we get to that price, our wedge would likely be invalidated.
Entries: between .00012100 and .00012600
Stop below .00011750
Target: .000255, take half profit at .00019, and spread the rest all the way up to .000255
If you are the better safe than sorry type, wait for a signal from BTC or wait til we break out of the wedge for entry. Your stop and targets would be the same.
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*
ELF/BTC bottom yet to be reached.I'm bearish on AELF as You can tell from my chart. We ended 1-5 big waves and are currently at the end of 2nd cycle. I believe that we had A and B wave, and are currently in bearish wave C.
How long can it last:
1) ELF has strong support lines from 11.700 to 9.700 satoshi. So i would watch those levels first.
2) We cant forget about major trendline. If previously mentioned levels wont stop the price, the trendline is a target to look up to.
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In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only. Don follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If You like my charts, You can follow me on Twitter or Steemit.
Hunting for elfs - $ELF BTC - 82% gain 1:12 risk/rewardsIf you follow my trades, you should know by now that I love second wave retrace entries and this trade is no exception. We have a first wave that did 320% in 44 days and a second wave retrace of almost .618 of the first.
Currently we have a second wave retrace of a wave that is 2 levels down as we work on the first wave of the third wave.
Entries: .00014500
Stop below .00013500
Target: .00026500, take half profit at .00023, reenter at .0002, take rest of profits above .00024
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*
ELFBTC must be watched carefully.AELF or ELFBTC is a coin that has recently seen 10%+ gains in the past 24 ours.
Don't get confused AELF is the same as ELF but it is confusing :)
ELFBTC seems to jump off to a rally every time it hits the 50 day MA as we can see it do it twice on the 1 day chart, however this time there are other indicators that do not support a 3rd rally.
The 12 MA is headed down much faster than 26 MA.
MFI shows people are slowly starting to buy more.
Accumulation/Distribution of ELFBTC is headed down. It will match previous rally at 12400 satoshis.
I think the entry for this coin is 12400 satoshis. And we might see some good upside.
Hope this helps, if so please support me: www.patreon.com
Disclaimer:
Any content on blockchain wizard should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations. Past results are no indication of future performance. In no event should the content of this correspondence be construed as an express or implied promise or guarantee.
Aelf VS Bitcoin Uptrend AccelerationFollowing the previous idea on Aelf , it has reached and broke above the upside target suggesting the continuation and perhaps acceleration of the uptrend. ELF/BTC has gained 325% since March, while the price moved from 6k satoshis support up to 23.8k satoshis all-time high.
On a corrective wave down price corrected to 14.7k satoshis, that is 50% Fibonacci retracement level that has been rejected cleanly. At the same time ELF is very close to 50 Moving Average which could act as the support as it was on the 25th of April.
While Aelf is trading above 10k satoshis psychological support price is likely to continue moving higher providing a strong growth. Because the nearest resistance, the key resistance, is at 65k satoshis, that is confirmed by two Fibonacci retracement leveles, 727.2% and 361.8%.
Nevertheless the downside risk always remains, but only break and close below 10k satoshis psychological support could invalidate bullish outlook.
ELF / BTC bounced 3 times - good bullish sign! Update ELF / BTC
Do we have to worry?
Until now - i can say a big NO! As you can see we tested 3 times the 200MA - and we bounced of from there. So iam quite bullush for the next days that all will go up!
Slowly but steady we are building a 4h Buy signal! Btc has to play a bit in our hands so we can enjoy the gains!
Enjoy profits!