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
Aeusd
AETERNITY - AE Intraday - 4HR Breakout - AEBTC AEUSDT AEUSDAETERNITY - AE Intraday - 4HR Breakout - AEBTC AEUSDT AEUSD
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
#Aeternity | Good Opportunity To EnterEntry : 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
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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.
AEBTCBINANCE:AEBTC Has broken multiple long-term trend lines. weekly chart confirms trend reversal with good volume in the last weeks. BINANCE:AEUSD is also in trend line breaking state and has an uptrend recently both in weekly and daily time frame. I believe the risk/reward is worthy enough to open a position. please consider Money Management principles before taking any position in the market.
TPs are specified with green horizontal lines and stop loss is the red horizontal line. If you are willing to accept more risk, you can lower Stop Loss to 1070.
The Buy zone is the green rectangle.
Aeternity ready to break 100-day moving average?The 100-day moving average has been acting as resistance for AEUSD over the past two weeks. It has now established 4-hour support at 1.25 which was previously resistance. Volume has also increased on rallies indicating the next move may breach resistance leading to a stronger rally.
AEUSD: Resistance now supportAEUSD (Aeternity) has had a strong run over the past month. It recently crossed its 50-day moving average, and 1.25 which was previously resistance is now support on the 4-hour chart. Next hurdle is 1.35 where recent highs correspond to the 100-day moving average.
