AKRO bounced previously at around 100 sats. I have added some at 97. I'm thinking we'll bounce again. My first target is 25% at around 120 sats. Second at 150 sats, that will be a little over 50%. Hoping this could be a good swing trade. Let me know what you think! *Not financial advise
Substantial falling wedge on AKRO (4H) with roughly 125% target to upside. Certainly, BTC dictates the crypto market movement but some alts have shown their own momentum while BTC goes sideways, AKRO was one of them lately. Defi on Polkadot with relatively better fundamentals, Messari certified project. Do your research before entering, stay safe and don't forget...
Akropolis is an interesting project and fits the current Defi trend. Liquidity mining incentives are coming soon and i also think Polkadot/Kusama projects will gain a lot of traction! Risky entry and could get rekt pretty hard.
Akro is in the defi space wich is in boom. Monitor Sup lvl and buy in lows. For now am watching. This is just a possibility. Trade with care. No financial advisor.
About Akropollis (AKRO) Akropolis describes itself as a domain-specific financial protocol dedicated to the needs of the informal economy. It is designed to: Enable anybody to quickly set up, operate, and grow informal autonomous financial organizations (AFOs) (e.g. digital co-ops, guilds, mutuals). Enable an interoperable scalable network where value can be...
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long-term buy and hold from 18 target is +70% near 30. get ready to buy dips later in q1 2020.
BASED ON MY TECHNICAL ANALYSIS IT'S PROBABLY THAT GO UP IN THE FUTURE
I see clearly 3 green(or white) soldiers pattern on 4h timeframe, which is very good signal of uptrend. I think uptrend will be same as July one, giving approximately 85-90% gains. Buy around 136-145 and sell around 200-220. Keep your stop-loss on 130. Good luck !
So, looking at RSI indicator, I can clearly say that AKROBTC keeps it's uptrend 19 july. Pay attention to RSI, trend line is not broken yet. To continue going up, we have to break 400 price level first, which is 0.5 Fib level. Keep your stop-loss around 310 and take profit around 600-650. Good Luck !
$AKRO Consolidating beneath the POC on decreasing bullish pressure. Personally if this is bullish, we should see a pop above the POC, from which I'd long to white box. Until then, I'm sitting on my hands.