ELF Buy OpportunityHere we have a very nice Fibonacci confluence in line with an ascending trendline. Price has strong support in this zone from the cup & handle previously completed.
ELFBTC trade ideas
ELF corrective waveSeems that ELF is in a corrective 4 wave.
Aiming to a high target based on fib levels.
[ELF/BTC] Ascending Rising Wedge-Short Term GainsThis rising wedge appears to provide an opportunity for short term gains with specific stops. This is how i set up my trade for ELF/BTC.. If you turn on your Bollinger Bands you will see that as of this post its on a narrow squeeze on Jan 28th, 2018 at 19:28 central time with a potential for short triangular burst outbreaks hitting support and resistance in an ascending rising wedge.
Entry Point Range: 0.00016500-0.00017500
Targets:
Conservative Profit Sell Stop: 0.00019000
More Aggressive Profit Sell Stop: 0.00023500
Disclosure:
Please note this is not financial advise. I am only showing you what I did on my trade! Do your own homework and research. I am not a professional day or swing trader.
Good Luck
Article Sources:
en.wikipedia.org
ELF/BTC. Binance. Time Frame 1h.BUY:
17392 - 17490 Satoshi
SELL:
Target 1: 17711 Satoshi
Target 2: 18165 Satoshi
Target 3: 18744 Satoshi
Target 4: 19382 Satoshi
STOP-LOSS:
17073 Satoshi
It's just my Imagination. GOOD LUCK!
Possibilité d'achat pour elf/btcIl y a une possibilité d'achat pour elf/btc puisque la tendance est haussière en daily time frame, le niveau fib 61,8% a été testé, le point de structure à 16779 (devenue un daily res/sup) a été testé et il y a eu la formation d'un bullish engulfing pattern, et d'un morning star. Temps et aussi longtemps que le daily support à 16779 n'est pas brisé, la possible monté est valide. Les targets possibles sont 22000 et 24775 (extension 127,2%).
ps. Si le point de structure à 17943 est brisé sur le time frame 4h, la tendance en 4h devient baissière et il va falloir attendre un autre setup pour reprendre position, si possible.
ELF/BTC Buy Point for us!We just bought some elf here at this point. I'm swing trading off of the 4 hour chart here and keeping it very simple.
-I like the volume building up with the momentum in price going higher
- Price looks to be moving out of a squeeze on the 4 hours chart
- Smaller timeframes are also lining up nicely
We are hoping for a symmetrical move in price as the last swing. Best of luck!
aelf (ELF) Analysis - New and on an upward trendThis is a very new project, having recently been added to Bitfinex, as the fastest coin to have done so, helped push the price up on the 24th of January.
It is difficult to make an informed assessment of the price action with the coin being so young, however, if you are looking to invest in the project then now might be a good time. It is less than a month old, the mainnet is due to be released in May 2018 and they have an interesting project with a very active marketing campaign.
As for the technical analysis, it appears to be on an upward trend in a rising wedge patter. Recently trading has occurred in a narrow range, it looks like the coin is consolidating since it was added to Bitfinex on the 24th of January, allowing the EMA to catch up with the price.
The MACD looks like it could be about to make a "golden cross" and the RSI is neutral. It could break out to the upside and make a new all time high, however, the trend line doesn't touch many data points. Time will tell but it is probably worth keeping an eye on,
AELF (ELF) ANALYSISHello guys,
ELF is squeezing between a strong support and resistance forming a nicely perfect pennant. I expect to see the price go UP because of the trouble ELF has been having to break the strong support which is aligned with the 200 period EMA line. Please wait for confirmations in order to take action.
Any commentary is well received, thank you!
ELF slow correction in downwards channel.here i called the start of wave 4 corrective.
here i projected the general movement of the correction.
now that more of wave 4 has played out we can see a more general direction of the correction. it looks like we're in a downwards channel right now. we rejected the 200 hr MA (not a coincidence that's also the 0.38 fib mark) so i'd say there's nice support there. good buy in would be around 16k-17k sat. however, this correction is playing out slowly so for now i'd just watch at a distance.
again, this is not investment advice, DYOR :)
aELF [ELFBTC] Rising Wedge Huge Profit MovementELFBTC Moving in super Huge Rising Wedge , and we have opportunity to get a lot of Profits here.
Entry now: 0.000176
Targets for First Sell:
0.000201 (25% of ELF)
0.000235 (100% of ELF)
After targets 1 and 2:
Rebuy on Support: 0.000180 (10% of BTC)
Stop Loss: 0.000168
Target: 0.000235 (100% of ELF)
RSI oversold now - this is good buy signal.
MACD moving upward now.
Good Luck with your Trades ;)
ELF correcting still.previously , i said that ELF was in wave 4 corrective, and this is playing out as planned. the timing of wave 5 was indeed not perfect, but notice from 1/24 to 1/25 the decline in volume, which suggested that bulls had run out of energy and a correction was imminent.
the question is. when will wave 4 end? right now we are looking to test the 200-hr MA, which happens to be right on the 0.38 fib level. this would be a decent spot to start stacking buys. i've also drawn the parallel downward channel we are in right now, which will get broken on reversal.
currently, we at a 0.5 fib and it looks like we could be reversing at 0.5 fib line. but i read this correction as a 5-3-5 zigzag, which suggests there is still some time to go. i also don't think my current drawing is completely to time-scale, so i expect this correction to take some time (maybe 3-6 more days).
this is not investment advice, dyor :)
AELF vs BTC short Gartner?
ELF / BTC :
BUY : 0.00018/17
SEL :
TARGET 1 : 0.000192
TARGET 2 : 0.000199
TARGET 3 : 0.000205
STOP LOS : 0.000155
Binance only
ELF vs BTC on Binance
ELF / BTC :
BUY : 0.00018/17
SEL :
TARGET 1 : 0.000192
TARGET 2 : 0.000199
TARGET 3 : 0.000205
STOP LOS : 0.000155
Binance only
ELF breaking the resistanceELF finaly breaking the old resistances and pumping upwards. I see few possibilities for upcoming scenarios:
1. Resistance is gone for good and we go towards 20k sat psychological resistance line which should be easy to get past after we get going.
2. We close under resistance and retrace towards first trendline before we get ready to test the resistance again. Good level to buy more ELF.
3. BTC starts to move and alt markets lose value. Proly holding this support line. Great level to buy more ELF.
Whatever is the outcome, i'm expecting to see 3x sooner or later.
ELF entering wave 4 correctiveELF forming beautiful elliott waves right now. a very clean ABCDE wave within wave 3. i will wake up tomorrow to see where wave 4 ends :)
a 50% corrective wave 4 would land at around 15.5k sat :)