ELFBTC

ELFBTC

PAIR:ELFBTC
As the more coins starts to bounce back up, more opportunity for swing trading.
On the 45mins time frame, ELFBTC pair has formed a pennant flag pattern. With the flag being tight, the flag is almost completed(note this is a swing trading, caution should be taken when taking this trade)
For more details on how to trade pennant flag patterns, check https://ci.covesting.io/tradeidea/seeleeth.
Technicals suggests that a position should be taken only when price breaksout of the flag and closes outside it.
VERDICT:
BUY: 0.00010406sats
SELL:0.00010851sats up to 0.00011000sats
STOP LOSS:0.00010179sats

 

Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.

$COV HODL

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