OK…called the last support level looks like we’re heading beyond 5 bucks.
whenlambo is soooooooon.
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striking chart similarities between AE and EOS. I think EOS is a complete sham but price action in AE may end up looking very similar to EOS.
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When lambo? When moon?
Looks like that level failed. Probably due to overall market bloodbath.
I’m looking at long term support around 2.20 for more stackin’
To aeternity and beyond!
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Piggy backing on last post, market internals looking like a reversal is near.
Take a look at the top coins by marketcap and see AE not even cracking the top 25. This is one of the most bullish tokens out there and honestly one of the most undervalued projects around. STACKIN’ TIME.
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AE prepared to make the jump to lightspeed.
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Tin Foil Hat Time: Likelihood of Ericsson developing hardware specific to Aeternity (ie Oracle Hardware) > Likelihood of EOS becoming actually decentralized.
Its been 3 weeks since i posted a chart so here a small update:
- Super bullish, chart looks like its expecting a main-net launch pump
- Price action double bottomed on an .886 fib level.
- We see divergence in the MACD and RSI
I think FOMO can easily push this to 17.36 (market cap of $4,045,235,393.92 or the size of ADA)
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AE is defending the .886 fib level. This is a bottom in my opinion. As the 50-DMA approaches this fib level (last time the 50-DMA dip below the .886, price shot up 257.65%) could be one of the last moments someone could establish a sizable position with little capital invested.
I don’t think anyone expected this bloodbath.
0.73 new bottom call.
I dont think we’ll get 0.73 but i was pretty damn close with .79.
This may not be over, but i think the selling is exhausting itself. Don’t want to be too conspiratorial but looks as though someone is defending .80.
what is an interesting development is this panic in ETH. AE could be primed to take a vast majority of the investors disheartened by ETH. Especially since porting your project is seemingly seamless.
I hope you have been adding to your position.
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We’re on our way to $2 USD, then 2.50, then 7, then who knows
Great gains relative to the market, nice to see ae back up to 28th. It should be higher since main net development is going well and will almost certainly launch this year. My end of year prediction is in top 20 and > $2.50. Who knows though these markets are manipulated a lot.
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I really think a breakout is looming.
We have multiple double bottoms, one on the 50-DMA and the other on the 1.618
I find it very ironic that price action has used the golden ratio as support/pivot around mainnet launch.
My previous posts have focused too much on dollar analysis. This is a misleading indicator of value for crypto in my opinion. USD, especially USDT(Tether) cause massive market distortions.
Aeternity’s bullish indicators lie in Ethereum markets.
Lets start with the basics…Volume.
I check coinmarketcap daily and typically what i see dominating AE volume are Gate.IO(Margin Trading) Tether markets and DragonEx ETH markets. These two markets control pretty much most of the daily trading volume for AE.
Gate.Io is extremely sketchy i suggest you look into it. (South Korean exchange registered in McLean, Virginia)
DragonEx is probably where the smart money/market makers are.
Bullish indicator 1 - Positive healthy uptrend.
Bullish Indicator 2 - Two Reverse Head & Shoulders Pattern
Bullish Indicator 3 - Main-net launch and daily candle closed above trendline during market wide turmoil
Bullish Indicator 4 - Market Indicators are over-sold
Hope this post helps with some market sentiment.
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