------ Mid-term Analysis for the next coming 1 to 8 Weeks - Based on 3h Chart -------
AKTIO/USDT : Bullish setup before new listing season
NEW LISTING ON MEXC IN JULY !
Context
AKTIO Coin is the native ERC20 coin from Akt . io app available since march on Apple and Google Store (Europe only for now) 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 (Summer 2022) 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 : akt.io/token-economics
- Graphical Elements : Graphical Resistance = 4,70 Graphical Support = 1,09 & 1,49
- Mathematical Indicators: EMA ( Exp Moving averages) are Flat and support the market = Range or Bullish RSI indicator (below) is above 50% = Bullish
- Elliot & Harmonic Wave (Fibonacci): A complex range pattern in ''Triangle'' is in progress - the triangle is in orange and develop a a 5 wave sequence (A),(B),(C),(D),(E) Fibonacci Triangle resistance = 2,75 Fibonacci Triangle support = 1,09 Fibonacci buying area (reached) is set at between 1?49/1?88 (to buy (E) wave bottom) Fibonacci Exit Triangle exit target = 4, 70 (intermediate) and 7,20
Conclusion
Expecting a larger rise in july with a new listing on MEXC - Watch 1,09 as major support (buy the dip between 1,49/1,88) in order to play 4,70 and 7,20