alanmasters

AEON Wakes Up! (824%+ PP To Sep '17 All Time High)

BITTREX:AEONBTC   Aeon / Bitcoin
AEONBTC is waking up, it is doing really good numbers on Bittrex, but looking at the long term chart tells us that there is still plenty of room left for growth.

Let's do a quick analysis on this altcoin:


Aeon ( AEONBTC ) Long Term Analysis by Alan Masters (THANKS!)

  • AEONBTC price had to retrace all the way back to Nov '16 levels in order to find support.

  • We can clearly see the decreasing volume , yet a nice bounce after the above mentioned support was touched.

  • The RSI has now turned to the bull side with plenty of room left available for growth.

  • Bottom dotted line is where you should place your stop loss.

  • The targets are the purple lines we see on the chart.

Let me point out that this is no trade advice, this is a friendly reminder so that you can position yourself before this altcoin starts to move up.
Let me know in the comments section if you have any questions.

Thanks a lot for reading...
You are my inspiration!

Namaste.
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