Aeternity (AE/BTC) Biggest cup and handle I've ever seen

15 Haz 2018

The price action of Aeternity has formed a cup and handle. The price is currently correcting inside of the handle. I have projected my long-term scenario, but in short-term I am expecting the price to bounce a few times inside the handle before I can conclude on which side the breakout is more likely. If the current correction ends on the Y wave, we can have a bearish scenario and a breakout on the downside, but I think that after this correction a Zigzag is likely.