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 , yet a nice bounce after the above mentioned support was touched.
- The 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!