History repeats itself for Aeternity! AE/BTC
Aeternity is just warming up for another beautiful ride!
Let's go a little deeper into this altcoin...
Upcoming Events :
- 19 February 2019: Nakamoto's Den conference at Carob Mill Venue, Limassol, Cyprus. from February 19-20. (https://nakamotosden.com/)
- 20 February 2019: First Network Hardfork (https://coinmarketcal.com/en/event/first-network-hardfork)
- 28 February: End Of Phase 1 Of Migration ( https://coinmarketcal.com/en/event/end-of-phase-1-of-migration)
- 06 March 2019: Minerva Mainnet Release ( https://coinmarketcal.com/en/event/minerva-mainnet-release)
What we can see on the chart above:
- we just break out of the triangle
- we have a W on a daily chart which is a strong signal
- RSI and MACD are bullish
- the support is holding up very nice
- amazing risk reward ratio
I think that those signals are strong enough for a big move up!
What do you think?
Trade: AE/BTC
Buy: 1100-1150
Targets:
- 1227
- 1281
- 1453
- 1576
More targets are on the chart!
Stop Loss: below 978
Disclaimer :
My posts are never financial/invest advice! For a favorable outcome, make your own research! Never invest more than what you can afford to lose. Don't forget, it's all about positive thinking and patience!
Remember, you should always use a stop loss!
Feel free to share your thoughts on the comment section below.
Thanks for the analysis! I am definitely going to check this one out ;)
Thanks for the comment, much appreciate it! I have posted for steem a few days ago and today I saw the surprize! Check it out if you want, no need to vote!
Yes :D exactly like you said! Sometimes it just breaks out a little and sometimes it goes up over 50% or so. Do you have a tip how to know what exactly is happening?
I think the best way to hit higher targets is to let some profits for a longer run! Patience is a great friend in trading!
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