ELFBTC - AELF - Long 720 TF

Bounce from 0.618 fib for entry, the fib line held as support.

Worth holding for a long time, elf coin has great investors.

Specialization: Decentralized Cloud Computing Blockchain Network

Website: aelf.io/

Whitepaper: grid.hoopox.com/ælf_whitepaper_v1.2.pdf

Trade active

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Recommendation by Alphabit Digital Currency Fund:

www.prnewswire.com/n...-2018-668790383.html

"AELF's crosschain protocol is solving key challenges current chains are facing, namely limited performance, lack of resource segregation, and a working governance model.

"The new technology is keeping an eye on the big picture," Robertson continued. "It allows communication across existing as well as new Blockchains and provides a Linux-like framework for creating and adding new commercial chains onto the ecosystem."

AELF did not engage in a public ICO, choosing instead to raise 55,000 Ether, (before the ETH price surged above US$450).

The private placement took place with leading crypto funds such as FBG Capital, Draper Dragon, Blocktower, AlphaBit, and others."

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found support @ 0.5 fib - testing 0.618 fib atm

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took a dip with BTC, 0.382 fib held as support

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BTFD

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Moving up

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getting ready to test 0.786 fib, healthy volume

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appears to be forming a handle on the right side of the cup and handle pattern

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upper handle is forming in the cup and handle, for the ride up

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letting this trade run long term - ELF whales are sending this shit to the moon

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=)

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1H TF MACD bounce = bullish