ELONGATE/USD - After a 40% correction, can it PUMP more?ELONGATE has been correcting for a while after the massive pump in October.
Now price is condensing in the blue apex which once broken will decide where ELONGATE can go next. Best to be patient and watch the price action closely once we approach either the support/resistance.
The indicators are trying to turn bullish, but it is too early, so don't jump on board now unless you know what at stop loss is. :)
Wait for now and consider an entry upon a breakout.
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