AEBTC is the 4th time the charm with ACCUMULATION PHASE
AEBTC has finally broken out of the downward wedge. But it currently is in its 4th accumulation phase at lower prices. Is this the price that holds and catupults it back to its possible value of about $5 - $8 or will it fall again for a 5 accumulation phase. As i said it broke out of the downard wedge and had a nice spike from its spring and now the price has come back down and it is testing the top of the wedge as support. It should push of and up higher. Lets see if this happens as I am hopeful but extremely caustious. There is extreme upside potential, but all the alt seem to get the price pushed up and then the support gets pulled out from under it. I am hopeing this is a short time occurence and that the entire market will soon be back in an upward trend, but that might takes a few more months. So use risk management and remember this is not trading advice it is my personal opinion and for educational purposes only
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.