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ELF

ELFBTC - I hate to be the bearer of bad newsElf will fall further. There are no indications that this coin will rebound soon. 1. volume has plummeted since February 2. 2. on march 3-4 was a big opportunity for Elf to break out of the falling wedge, but failed. But this wedge support is strong, prices have bounced off at least six times. It can be used as a guiding light. 3. each time the RSI was oversold, there has been no volume for a rally. Waiting for prices to break the falling wedge and volume to come back.
by RLUM18
UPDATE: Further strategy for ELF/BTC (HOLD and BUY Positions)So, previous ELF/BTC idea was correct. My previous targets; >> 11-11.5 buying stage 1 >> 9.5-10 buying stage 2 SELL TARGET 1: 13K SELL TARGET 2: 15-16K So here is an update: Currently, if you bought from 9500-1000, I suggest two strategies for possible BTC moves. First scenario, if BTC is done with correction and begin to uptrend so HOLD your coins. For who didn't buy that price this is not an advice for you to buy ELF, you have to wait for my second scenario. Second scenario, if BTC continue to correction and down to 8k(test the resistance) then I suggest you to buy more ELF at same price point(9.5-10) and hold for 13000+. People who did not buy from previous 9.5-10 price point; it will be your second chance to buy. When we look at the indicators (Inverse Fisher Transform on CCI Ver.2, MACDAS,MACD DEMA), there will be a sell signal soon. So you can take your profit here or hold. More updates will come for this graph. Have a good day!
Short
by dokdorosman
6