AE/BTC (Retest of Previous Resistance?)AE/BTC
-Aeternity is almost back at previous trading channel
-Since the strong pump up to 2400 sat level
-Where do we expect to see a reaction bounce up?
-The area between 1700-1600 is ideal for a potential reaction
-This zone is a confluence of previous resistance zone & 200D MA support
-Take note also of the upward trendline of support
-This will give extra confirmation that this level is important
-I will always recommend waiting for a bullish reaction at key areas
-If the level will react to turn into new support territory
-Always let the trade come to your
AEBNB
AE/BTC (Bullish Daily Pattern?)AE/BTC
-bullish reaction on the 50D MA
-holding off the strong area of confluence
-forming a bullish pattern
-you can enter the break/close above the trendline
-target is the recent top at 1762 sat or higher
-stop-loss is placed under the green support zone
AE/BTC TA Update (Uptrend Continue?)AE/BTC
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.
AEBTC BUY NOW UP coming soonAEBTC BUY NOW UP coming soon
What is your opinion? Please leave your comments.
There is a possibility for the beginning of an uptrend in AEBNBTechnical analysis:
. AETERNITY/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.09963 to 0.08856). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.09963)
Ending of entry zone (0.08856)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.11586
TP2= @ 0.13603
TP3= @ 0.15979
TP4= @ 0.18400
TP5= @ 0.20372
TP6= @ 0.23914
TP7= @ 0.27501
TP8= @ 0.38977
TP9= Free
There is a possibility for the beginning of an uptrend in AEBNBTechnical analysis:
. AETERNITY/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.09963 to 0.08856). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.09963)
Ending of entry zone (0.08856)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.11586
TP2= @ 0.13603
TP3= @ 0.15979
TP4= @ 0.18400
TP5= @ 0.20372
TP6= @ 0.23914
TP7= @ 0.27501
TP8= @ 0.38977
TP9= Free
Should You Accumulating $AE Right Now? I think...Aeternity is a scalable blockchain technology that enables high-speed transacting, purely functional smart contracts and decentralized oracles. Coded in Erlang.
I'm not really sure about this project, but this one seems legit. I must have further research on them, because they are showing bunch of PhD's guys on their team line. Which first, if it's true then it's great because of the project handled by professionals and people who has knowledge and experience. Secondly, if it's not it's a bad disguise then.
Talking from their thousands community on their telegram group and having quite great presence in any other social media plus their github is published and updated, I think AE is quite nice from my perspective.
Above all, short term, i see quite down ward in price as I drew the green color lines. I think at the current price we can put them slowly into our portfolio and make it as mid-term - long-term holdings.