Hello my friends. Everything is clear on the chart for you like always, So keep your eyes on it. If the price maintains its supports, the baseband, trend line and fib 0.61, I expect go up to reach the target. Good luck.
If its useful like it as a support please and follow me for next analysis :)
Right now I am eying the decission about the 3.64 USDT-support/resistance, get rejected we can go to 3.87 and further towards 4.40 USDT.
Otherwise its probable that the downtrend will lead us to 2.6-2.9 USDT-area which should then be a strong support and change the trend - we will have a new analysis then.
The pair has been saving up in the channel for a long time at the bottom.
After exiting the channel, the price met its resistance at the level of 6.7$.
I plan to buy at the breakout of this level.
Price upside potential 60%.
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ANT has almost conquered $5 zone and will rise sharply to $8 zone this February
If ANT turns around and loses $4.75-5 zone, $4 zone is a good area to buy
-Buy: 4.75-5$. SL if B
-Sell: 7.6-8$. SL if A
-Sell: 4.75-5$ if B. SL if A
-Buy: 3.9-4.1$. SL if B
Condition A : "If 1D candle closes ABOVE this zone"
Should I buy now or wait for another low first. the down trend is getting over and a low is about to be made. I see this as an opportunity to go long. I will keep you updated if necessary. For any questions or opinions use the comment section please. Thank you.
💎Technical Analysis Summary💎
-ANT just broke the candle body key level support area
-This is not good if you are looking for Bullish price action
-For the past 4 days, all we saw are red candles and lower highs
-If this breakdown is just a Bearish retest of previous support
-The price could go lower down to the reverse Fib extension (1.618) at...
💎Technical Analysis Summary💎
-After the small upside move, ANT is now pullback to recent support
-The recent swing support is at 2800 sat range
-This level must hold in the order we can see further growth in the mid-term
-My recommendation is to wait until the trendline resistance is broken
-Because as long as ANT is trading inside this...
-This coin just had a bearish trendline support break
-It is likely the uptrend is over or ready for consolidation
-If you are looking for rebuy zone or bounce play setup
-The 5340 sat area is perfect for potential strong support
-This is a confluence of previous resistance turned support
-Also, the 0.786 Fib level of support coincide in here
Aragon went up from $1 up to $8 area, where it found the resistance and formed a double top. Price then declined down sharply and broke below the uptrend trendline and the 200 Moving Average.
The downside risk remains, where ANT/USD could decline to one of the Fibonacci support levels applied to the breakout point of the uptrend trendline. First strong support is...
Creating value without borders or intermediaries, Aragon aims to disintermediate the creation and maintenance of organizational structures by using blockchain technology. This coin is everything businesses need to run organizations (companies, NGOs, foundations, open source projects...) on the Ethereum blockchain. It implements features like a cap table, token...