AE Aeternity Inverse H&S w/ nested Cup and Handle Rocketship?
Hi. I'm back. Missed you all.
We have a good scenario brewing with our old friend AE right now.
Multiple bullish formations nested within a giant bull flag. This is a rarity and does not get much better than this.
8 hour chart shows we are above the 100 ema, which is providing strong support (coincidentally the bottom of the flag).
Entry should be placed upon a breakout of the indicated cup and handle neckline.
Stop loss along the green support line.
Macd has crossed and rsi provides room for growth.
First and second targets noted.
Good luck and happy trading.
We have a good scenario brewing with our old friend AE right now.
Multiple bullish formations nested within a giant bull flag. This is a rarity and does not get much better than this.
8 hour chart shows we are above the 100 ema, which is providing strong support (coincidentally the bottom of the flag).
Entry should be placed upon a breakout of the indicated cup and handle neckline.
Stop loss along the green support line.
Macd has crossed and rsi provides room for growth.
First and second targets noted.
Good luck and happy trading.
Comment:
*pennant*, not flag.
Trade active:
Breakout confirmed.
And now we pray.
And now we pray.
Comment:
Absolutely beautiful perfect touch of our indicated first resistance point. Should consolidate and reset the rsi a bit here for the next push up.
Absolutely beautiful perfect touch of our indicated first resistance point. Should consolidate and reset the rsi a bit here for the next push up.
Comment:
www.reddit.com/r/Aet...two_listings_in_one/
And just listed on two huge exchanges. Volume nearly quadrupled since the listing of this post.
I mean...what's not to like?
And just listed on two huge exchanges. Volume nearly quadrupled since the listing of this post.
I mean...what's not to like?
Bull flag on the 15 minute. *Should* theoretically bring us well up above the neckline.