Aeternity A candidate for the TOP-10 Greetings from Benice team!
AE coin has dropped significantly in relation to its highs. After having been listed on Binance, AE was launched by the market churn to its highs first and then to the record low levels in its history. As a result, its drop from the highs amounted x24 in relation to USD, and x7 in relation to BTC. The fall is partly attributed to Airdrop, which occurred in the second half of 2018.
Growth potential at the moment is provided by a unique consensus of AE blockchain.
Over the next while, AE can be listed on Coinbase. Taking into account that the traded value of this token is minimal, its listing will provide good growth. Technically, the first growth target in relation to USD is 1.5. The second target is 4. Similarly, growth potential is also high in relation to BTC. The growth targets for the AE/BTC pair are 0.00018 and 0.00022.
The level at which the coin is being traded looks very attractive. When the downtrend line is broken out, we will be able to see a strong acceleration towards the above-mentioned targets. At the moment, the coin is ranked 48th on CoinMarketCup, but it is very likely to enter the TOP-10.
Keep track of the updates!
Aeternitythereum
There is a possibility for the beginning of an uptrend in AEETHTechnical analysis:
. AETERNITY/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003425 to 0.002866). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003425)
Ending of entry zone (0.002866)
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= @ 0.003765
TP2= @ 0.004025
TP3= @ 0.004395
TP4= @ 0.004749
TP5= @ 0.005214
TP6= @ 0.006542
TP7= @ 0.07484
TP8= @ 0.00868
TP9= Free
