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ELF

ELF DOUBLE TRIAGLEAs you can see, the pattern fails for a short period of time. It breaks the strong support level, which triggered bots to sell and traders to panic sell. But, we found a fire support level on the larger symmetrical triangle, which made us smash through the smaller descending triangle with only 3 minor red candles while passing through. The funny thing is that we find a strong resistance once again on the larger symmetrical triangle. These patterns combined, signal a bullish run with some bounces. BULLISH ETA: MAY 12th 12:00 SMALL RIDES: Possible the next hours all the way up to the bullish run, if you go to 5-30 min range, you will find some nice patterns for a short term ride. Let's see what happens! **Chart looks best with 30 min candles**
ELong
by TradeDemon
[ELF/BTC] Aelf: Third Wave PotentialAelf -- Something I've seen blow up a ton in the past seems to have gained back its ground and support for 2018. Something I love chasing are those 3rd wave gains, as they usually have the most momentum and largest price range. We're coming up to the third wave for ELF/BTC very soon I believe. We need to see where we can get a bounce on wave 2, and I'm guessing its going to be at Fundamentally I'm not aware of any big news or platform updates for Aelf, however I do see some big gains to come! ----------------------------------------------------------------------- Market Cap $447,100,000 USD 46,562 BTC ----------------------------------------------------------------------- Volume (24h) $101,895,000 USD 10,612 BTC ----------------------------------------------------------------------- Circulating Supply Total Supply 250,000,000 ELF 280,000,000 ELF [ ] ----------------------------------------------------------------------- Max Supply 1,000,000,000 ELF -- Not really sure what the hell this means in difference of Total Supply... I'm assuming maybe it means for forks? Let me know in comments if you have any clue ':D -----------------------------------------------------------------------
Long
by dansharp
Aelf VS Bitcoin - When Will Grow?Aelf has reached an all-time high against the Bitcoin on the 25th of January, hitting 22k satoshis. Since then price corrected down strongly and Aelf lost 74% to Bitcoin, while it found th elow at 5600 satoshis. The RSI oscillator has formed a bullish divergence suggesting the either a corrective wave up or a potential reversal to the upside. However, currently there is strong resistance at 9k satoshis that ELF/BTC must overcome, yet it continues to reject it. If Aelf will continue trading above the previously established low and breaks above the 9k satoshi resistance it could provide further upside momentum, sending price higher. Next resistance is seen at 38.2% Fibs, near 12k satoshis, and then 50% Fibs near 14k satoshis. Daily break and close above 14k should confirm the long-term uptrend. On a downside, ELF/BTC will continue trading below the current resistance, further decline is possible, and price could go back down to 5.6k satoshis or even slightly lower.
Long
by CryptoPAMM
1
Aelf Rejecting The SupportOn the 8th of March, ELF/USD broke below the support at $0.85 and went down to $0.4, where it rejected the 227.2% Fibonacci retracement applied to the corrective wave after the support breakout. The support was rejected cleanly and while RSI has formed a bullish divergence, the price went up breaking the descending channel. Current price action suggests potential trend reversal or at the very least the corrective wave up. The first upside target is seen at $1.27, which is the previous level of support and then resistance. However, break and close below the $0.4 support could invalidate bullish outlook and could extend the consolidation or even send Aelf coin much lower.
BINANCE:ELFUSDLong
by CryptoPAMM
1