ELF/BTC SOT chart off March - Week 4

By OisnGribben
تم تحديثه
I think elf will continue to ride the daily uptrend to attack the psychological 5k level and then on further if it breaks it. Volume is picking up nicely and the move seems strong. I have described my legend and prices in the chart and below.

Entry - 4250
1st Target - 4490
2nd Target - 4930
3rd Target - 5220
Stop loss - 4108

** Legend **
Monthly - Grey
Weekly - Yellow
Daily - Red
4 Hour - Green
1 hour - Blue
تعليق
ELF is also trying to break a long term Weekly downtrend. It is in a similar position to a few coins today. May go further up than my levels but I am happy to secure 10-20% profits on this trade.
تعليق
In relation to the comment above. ELF is trying to regain a weekly level not break a weekly downtrend.
تعليق
Broke up over the hourly down trend. Volume is picking up again too.
تعليق
Move has slowed down as BTC makes another run up
تعليق
First Target hit.
تعليق
Looking to close out the 12 Hour above 4527 Daily Level
تعليق
Tested the 4662 4 Hour level. Looks like it might push up over 5k before the day ends.
تعليق
Respected the 4 Hour level. Making another push up
تم إغلاق الصفقة يدويًا
Sell 4485
Profit 5.5
Should have sold earlier but didn’t have the time this week to monitor the trade closer.
Trend Analysis

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