ELF 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.
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.
Comment:
Looks like we tested 20k resistance. Now forming bullish triangle under 20k. Looking good this far.
Comment:
Still hovering between new and old resistances. We can assume that old resistance is working as a support now, and is a good buy-in spot.
When the cryptomarkets turns bullish - we will reach the target.
When the cryptomarkets turns bullish - we will reach the target.