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ELF IN THE DREGS

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AYO ELF BOTTOMED TF OUT.. SIGNALING PERFECT BUY SIGNAL... STILL.... WE'RE RIGHT AT TREND LINE (PURPLE LINE) IF IT BREACHES SUPPORT RIP.

EITHER WAY I THINK THIS COIN HAS POTENTIAL IN THE LONG RUN AND WILL RETURN TO ITS PREVIOUS HIGH WITHIN 1.5 MONTHS IF IT MAINTAINS ITS CUP AND HANDLE FORMATION.

Not
penetrated trend line and bounced off fib .. slightly concerned we may have entered a downward channel as support became resistance. we need to see if it is able to return to trend line and begin recovery.
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looks like a confirmed bounce.. moment of truth... do we breach trend line again and look for support or face rejection and enter this downward channel.
Not
fam...
Chart PatternsGannWave Analysis

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