TradingView
bdfulker2
Jul 19, 2018 12:04 PM

AE Downward Wedge but also long 1 month resistence line 

Description

The green line is the 1 month resistence line dating back to about June 13, 2018. We need to break this line if we want any sustained upward movement. But at the same time are also in a downward pointing wedge which should break to the upside by about July 24 at the latest. So keep an eye out for another push upward!!!

Comment

Comments
bdfulker2
The only really good news is that AE/ETH is make ground we recently had a double bottom and now we set a higher low. So while the AE/BTC is struggling due to btc price appreciation we are making some ground on eth. So for the mean time it might be more suitible to trade AE against eth
More