OrcChieftain

AVWAP, VP and 200 MA confluence

做多
OrcChieftain 已更新   
BINANCE:ELFBTC   aelf / Bitcoin
►Elf comes to the area where high volume node meets 200 MA and VWAP anchored at the start which has already worked as support once
►I am not Elliot Wave expert but the count looks clearly in this case. I am not sure if 4 is finished.
►The market overall has good conditions for growing alts now. Bitcoin doesn't do any big moves and loses dominance as a result.
►I would still wait for a lower opening price. Should this happen, it will a good opportunity from my viewpoint.

Have a great trade! ☺
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