bdfulker2

AE will rise back above the long term trend line

BINANCE:AEBTC   Aeternity / Bitcoin
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So AE has fallen below the long term trendline . It is now in a wycoff accumulation phase. I am not sure if the cup and handle formation has been invalidated. But I expect AE to at the very least go back above the trend line and continue on its long time trend. I would wager that I think it will do way better than that, but alot of it depends on BTC because the markeet seems to follow BTC . If you look at the past drops below this trendline they are followed by huge uptices in price.

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Close up of Accumulation phase on AE

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