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🔍 Technical analysis: Descending channel - In the analysis of the post presented earlier, it was moving in an ascending channel in the 1h time frame, which was corrected after failing to break the supply zone and touched the bearish target. - Now it is moving in a descending channel in the 8h time frame. - According to the behavior and structure, it is...
🔍 Technical analysis: Descending channel - It has been moving in an ascending channel in the 1W time frame. - In the short term after the break of the descending channel, as you can see, it is moving within a descending channel. - After breaking the long-term ascending channel and pullback, it has had a correction up to the golden zone. - In the 8H time, if...
AKT bounced off the support level and the ascending trendline. Bullish trend is expected to continue and reach the resistance level at $6.26
Akash bounced off the Fibonacci 0.5 level. The bullish trend is expected to continue and reach $6.15
Akash Network (AKTUSDT), a favorite among many crypto enthusiasts, has been on a tear since September 2023. The coin has surged a staggering 700% , exploding from $0.80 to its current price of $4.70. This bullish trend shows no signs of abating. After a recent dip that reach its support zone of $3.75 on the weekly timeframe, the coin has staged a swift...
Akash Network is an open network that lets users buy and sell computing resources securely and efficiently. Purpose-built for public utility. Leveraging the power of blockchain technology, Akash Network has developed an open-source, decentralized marketplace for cloud computing, offering an unprecedented level of speed, efficiency, and affordability. Anyway, AKT...
According to some news site, AKT or Akash Network has surged by over 47% today, following the announcement by South Korea's largest exchange, Upbit, to list the token. Here's my idea for AKT next price action: - new bottom times 2, so it went past $6 and wicked past $7 - new ATH hence new price discovery next - taking benefit of doubt, next price target $7.7 to $8.2
A curve can be plotted on this daily chart for AKTUSDT if this remains intact we could be in for even more bull potential A bearish sign would be if this curve broke down significantly. Lets see if we see a bounce off the curve.
Akash Network (AKT) - has been on a parabolic run this year and has performed very well. Price has managed to hit an all-time high of: "$6.50"! Bears currently atm have driven the price down past support at $4.90 which put's AKT at a major risk if the price continues to plummet past bellow: $3.35 zone. 🟢Line of Support Zone= $3.35 - $3.66 🔴Line of Resistance=...
A breakout of this triangle is evident on chart I expect continuation of this breakout to occur and price to climb higher I have shown this climb with the bars pattern tool Im bullish on most of crypto right now.
Akash is bouncing off the support level and the bullish trendline. Trend is expected to continue and reach the resistance level at $5
We are entering the age of AI. According to MIT, "Interactive massively parallel computations are critical for machine learning and data analysis" (A). The world is becoming more centralized than ever. Companies with the largest amount of resources will be able to afford the largest amount of computation. According to MIT, "the computing power needed to train AI...
About Akash Network Akash Network is a Supercloud spearheading a paradigm shift in cloud computing, disrupting conventional cloud services, and pioneering a revolution in access to essential cloud resources. Leveraging the power of blockchain technology, Akash Network has developed an open-source, decentralized, marketplace for cloud computing, offering an...
AKT Has completed his ABC correction and is now consolidating for its next move up. We can see a clear bullish divergence on the MACD-Histogram.
Akash Network just made a big correction coming down from a high of $1.72 and went as low as $0.85. Now is the time to pay attention for AKT will most likely make a big rally from here. Not financial advice.
TECHNICAL: The price of AKT is testing the 21 Moving Average in a bearish sentiment. Notice the huge spike in selling volume few days ago (it's a daily chart) From my experience such huge selling volume leads to much deeper falls that can last weeks. The price channel is moving south and currently there is no indication that it will change in the near future....
AKTIO/USDT : Opportunity to buy before significant take off Context AKTIO Coin is the native ERC20 coin from Akt.io app available since march on Apple and Google Store (Europe only for now) www.akt.io - The AKTIO Coin has been launched the 13/04/2022 at 1,09$ on Bittrex exchange (during the Paris Blockchain Week Summit), also accessible on directly vie the...