bdfulker2

AE will rise back above the long term trend line

BINANCE:AEBTC   None
So AE has fallen below the long term trendline. It is now in a wycoff accumulation phase. I am not sure if the cup and handle formation has been invalidated. But I expect AE to at the very least go back above the trend line and continue on its long time trend. I would wager that I think it will do way better than that, but alot of it depends on BTC because the markeet seems to follow BTC. If you look at the past drops below this trendline they are followed by huge uptices in price.

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