Aeternity (AEBTC) just woke up after hitting a new low and is preparing for a strong bullish move.
Currently, prices just conquered EMA50 and green/bullish volume is starting to show up.
This is a very easy setup, within just a few weeks, we are very likely to see Aeternity make a very strong jump.
Remember to have a plan and use a stop-loss if you decide to...
AE manages to break outside the trend-line resistance and the price is already trading above 50D MA.
AE is quite looking bullish and has the potential to retest the resistance area up around 2200 - 2400 sats.
Entry : 0.00001817 - 0.00001627
Target 1 : 0.00001992
Target 2 : 0.00002092
Target 3 : 0.00002199
Target 4 : 0.00002456
Target 5 : 0.00002734
Stop loss : 0.00001588
Risk/Reward : 10%/53%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press...
$AE Aeternity is quietly bouncing off of a double-bottom on the 1- and 3-day candlestick closes. The prudent thing to do is wait for the daily candle to close and await more confirmation. However since many alts in $BTC pairings are painting possible bottom reversal patterns this seems like a valid risk to take now. It also aligns with the apex of a falling wedge....
AETERNITY, BIG ACCUMELATION IS GOING ON MATES
* Riding on low volume
* Under big resistance line
* Triangle formation on RSI, so it's constructive price action
* Slight bullish devergence
* Supply of 296.796.111, easy to pump big
Keep an eye on this one mates
I have been analyzing altcoins today and I like Aeternity because shows some strength at the key pivot. Also, this coin can show some relief after an enormous downtrend. I am interested now and setup will be invalid if we are going to close below 1900 satoshis.