aelf / Bitcoin
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ELF/BTC

161
ELF has a nice trade setup on the Daily Timeframe
Broke the downtrend, SRSI seems topped but it was also topped the last time it bull-run
Conditions are exactly the same
Althou i dont expect it to form new ATH as the RSI is already past midpoint.

Long ELF till Green Area between The Fibs

Stop-loss < 9700 Sats

R/R ratio is between 5.7 and 7

Good Risk Management and Trading plan is advised.

Brief Fundamentals :
Elf is a decentralized cloud computing block chain similar to Ethereum that offers side-chains, consensus voting protocol ( Governing System ).
It has Strong Partnerships and only 25% of the supply is on the market, the Rest is locked up.

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