JeanJean1983

AKTIO/USDT : Bullish exit from consolidation soon?

Long
BITTREX:AKTIOUSDT   Aktio Coin / Tether
AKTIO/USDT : Bullish exit from consolidation soon?


Previous analysis :
Context

AKTIO Coin is the native ERC20 coin from Akt . io app available since march on Apple and Google Store (Europe only for now) https://www.akt.io/
- The AKTIO Coin has been launched the 13/04/2022 at 1,09$ on Bittrex exchange (during the Paris Blockchain Week Summit), also accessible on directly vie the exchange on akt . io app. The price action of the AKTIO is positive and will become more and more attractive once it will be released on further exchanges & stacking solution soon regarding the road map, also the commercial success of the app will impact the coin price action with more and more users expected for 2022.
you will find more details here : https://www.akt.io/token-economics

Supply

Total supply : 100 000 000
Circulation supply : 13,008,707.00(13%)
Circulation supply January 2023 (32%)

Vesting ICO participant (21 month - released every 3 month) - 18% of the total supply
Vesting reserved (60 month - released every 3 month) - 69,5% of the total supply

The total supply is 10x less than similar project such as Swissborg or Nexo and the progressive vesting schedule calendar will help the coin to progress step by step towards >10$ for 2022 in parallel of the users acquisition. On current level the coin is clearly under-value and offer a nice opportunity to enter in the trade.

Tactical view 1 to 6 weeks (Update)

As long as 3,30$ remains support on the short-term (In daily close) a further rise towards 7,70$ is likely before extending the progression towards next target at 9,30$ and 15,80$
New technical element = 5,90 target has been reach - Key 55&89EMA are flat which is coherent with range in progress in wave IV - the logic is too draw a bullish exit from the range to draw the wave V

On the short-term a drop to 3,30 before rise can't be ignired but it is a bet cause the element are more leaning towards a direct bullish exit - the idea is to accumulate bullish position within this range to play the bullish exit

Enjoy my friends ! and do'nt hesitate to visit our website and download our app (for EEA resident only)

CIO & Head of market research (Automata - Akt.io)

Up to 200 EUR AKTIO => Referal for AKT.IO app on Apple store and Google play =>
https://www.akt.io/app-referral/?referral=3e2e485b164fe488ed7761ca1c2374db6f41b691cbe03c728b108489f13a46fa
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