Long
AE/BTC - Good Risk/Reward short term trade.
Aeternity has attempted to make a LL and found support from Bulls after a very Bearish decent from the ICO.
My fib study tells me that price has met a 161.8 of the last swing. What I can see now on the 4hr is a change of trend. I am expecting price to now head up to at least the level I have drawn on the chart.
The risk reward is excellent with your stop just under the previous swing low.
My fib study tells me that price has met a 161.8 of the last swing. What I can see now on the 4hr is a change of trend. I am expecting price to now head up to at least the level I have drawn on the chart.
The risk reward is excellent with your stop just under the previous swing low.
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