ELFUSDT(aelf) Daily tf Range Updated till 03-08-24ELFUSDT(aelf) Daily timeframe range. another alt on Monitoring state at binance so gotta trade it carefully. its trapped between 0.3762-0.4634 for a while now. staying above 0.3762 will eventually give a chance to try again at 0.4634. need retail interest there.
ELFUSDT
ELFUSDTELFUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
ELF/USDT - aelf: BBand Breakout◳◱ On the $ELF/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.5558 | 0.6671 | 0.8366 and support near 0.3863 | 0.3281 | 0.1586. Entering trades at 0.4698 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: aelf
▣ Rank: 143
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc
▣ Category/Sector: Services - Shared Compute
▣ Overview: ælf looks to permit scalability and extensibility through a multi-layer branching structure formed by a main chain and multiple levels of side-chains.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.4698 ₮
▣ 24HVol: 2,972,885.035 ₮
▣ 24H Chng: 9.408%
▣ 7-Days Chng: 0.04%
▣ 1-Month Chng: 27.52%
▣ 3-Months Chng: 56.16%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.5558 | 0.6671 | 0.8366
◢ Support: 0.3863 | 0.3281 | 0.1586
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.84
▣ Last 90D: 2.23
▣ Last 1-Y: 2.30
▣ Last 3-Y: 0.87
◲◰ Volatility :
▣ Last 30D: 1.04
▣ Last 90D: 0.80
▣ Last 1-Y: 0.60
▣ Last 3-Y: 1.12
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.61 - Bullish
▣ In-depth ELFUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
ELFUSDTELFUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.40
What you guys think of this idea?
aelf (ELF) formed bullish Gartley for upto 12% moveHi dear friends , hope you are well and welcome to the new trade setup of aelf (ELF) token with US Dollar pair
Previously we caught a almost 30% pump of ELF as below
Now on a 4-hr time frame, ELF has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Whether it can rise above 0.3053 is the keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ELFUSDT chart)
The question is whether the price can sustain the rise above 0.3053.
(1D chart)
If the price holds above 0.3053, I would expect it to re-direct around 0.3980.
If it fails to rise above 0.3053, it is important to find support in the 0.2688-0.2918 zone.
A drop below 0.2688 is expected to break the previous latest low, so caution is needed as it is unclear how far the decline will go.
------------------------------------------
(ELFKRW chart)
In order to continue the uptrend, the key is whether the price can rise above 413 and sustain the price.
If not,
1st: 375-382
2nd: 343
3rd 306
You need to make sure it is supported in the vicinity of the 1st-3rd order above.
(1D chart)
Once the uptrend begins above 413.0, it is expected to re-direct in the 471.0-525.0 zone.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Next period of volatility : from around July 25thHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ELFBTC 1W chart)
You are on sideways.
The question is whether it can rise above 0.0000 1384 to get out of this sideways.
-------------------------------------------
(ELFUSDT chart)
The question is whether the price can sustain the rise above 0.3111.
Therefore, it is necessary to check whether there is a movement out of the 0.2621-0.3131 range while passing through the volatility period starting around July 25th.
Since the channel formed by the trend line forms an extension channel, if it fails to rise above 0.3111, I would expect a decline around 0.2168.
Therefore, when it falls below 0.2616, the point of the HA-Low indicator on the 1D chart, that time corresponds to the stop loss zone.
If price holds above 0.3111, I would expect a move towards 0.3980.
---------------------------------------------------------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
aelf (ELF) forming bullish Gartley for upto 32% moveHi dear friends , hope you are well and welcome to the new trade setup of aelf (ELF) token with US Dollar pair
Previously we caught a nice pump of ELF as below:
Now on a daily time frame, ELF is completing a final leg of a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ELF token formed bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of aelf (ELF) token with US Dollar pair
Previously we caught more htan 64% pump of ELF in below trade:
Now a 2-hr time frame, ELF has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ELF/BTC (Test the Daily Resistance?)ELF/BTC
-AELF coin is looking strong as the price is trying to test the resistance area
-If we can see a daily candle above the red resistance zone
-This will give us a potential strong upside bias
-Provided it can hold the 1200 region for at least a week
-A minor pullback or retest would be good
-This will give extra conviction that this market will truly reverse