AETERNITY (AE/BTC) Could be a GROUND FLOOR OPPORTUNITY!! Target 0.00153 BTC (9.85x Profit Potential)
It is at these levels of ground floor opportunities where 10 and 20 baggers can be made. Aeternity (AE) is quite attractive and fits all the attributes. The chart below shows that AE completed a very nice impulse set of 1,2,3,4,5 waves and as Elliott Waves states that after five impulse waves, there is a requisite correction, the a,b,c red waves show exactly how that proceeded. The now very common Cup & Handle pattern is displaying very bullish intentions. Price is just starting to move up...that's exciting as it's prime time to cast your buy ladders. I believe the handle formation could likely coincide with wave 2 as shown in the chart. Waves 3,4 and 5 should carry AE to 0.00153 BTC so yes, New ALL TIME HIGHS in /BTC pair very likely!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**