gillianpatrice

AE/BTC - Good Risk/Reward short term trade.

Long
BINANCE:AEBTC   None
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.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.