AIOZ Network Technical Analysis:
1. What is AIOZ Network?
AIOZ Network is a decentralized content delivery network (CDN) and streaming platform built on blockchain technology. It aims to revolutionize the way content is distributed and consumed online by utilizing a peer-to-peer network powered by blockchain technology. AIOZ Network offers a decentralized...
Analysis: AIOZ is in a strong bullish trend with overbought/demand conditions (RSI around 78). It's currently bouncing between support at 0.62 and resistance at 1.01768 on the daily chart. There's an expectation for it to continue rising above 1.03674.
Remember these are ranges and not exact.
1hr Chart shows AIOZ heading towards $0.86 cents targeting bottom of uptrend channel. If it breaks dashed orange line you can take a short upon confirmation with 15 min candle closing under $0.92 (Dashed Line) and closing the trade at 0.86
Entry = 0.92
TP = .86
Probabilty = High
With AI & Depin being two of the hottest sectors in crypto this bull market, and the future outlook of the sector looking extremely undervalued while ultimately the uses of them being so expansive, Im watching for more strong narratives to develop.
Here we have AIOZ giving us a strong bull flag as it's chasing & rapidly approaching the $1 billion market cap mark.
*UPDATE*
WE saw AIOZ break out of the bull flag, retest the top of the trend line as a support level, and rally for a 20%+ gain. We broke the key threshold of $1.0, and we crossed the SEED_TVCODER77_ETHBTCDATA:1B market cap.
Traders: time to take profits
Investors: this is a steady hold for any entry underneath $1.0
Waves
Just an idea. I don't know if it will happen or won't happen but I have made a guess and I have to write so many words before I can post this so take this as an interesting idea.
Who knows where the retracement will reach if it does go this way. I would guess shallow as has exhibited in the previous waves. Something to watch I don't even own this coin I...
A breakout is a potential trading opportunity that occurs when an asset's price moves above a resistance level or moves below a support level on increasing volume.
The first step in trading breakouts is to identify current price trend patterns along with support and resistance levels in order to plan possible entry and exit points.
Once you've acted on a...
T=045
T2=1.79
A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole).
Flag patterns are accompanied by representative volume indicators as well as price action.
Flag patterns signify trend reversals or breakouts after a period of consolidation.
7, 8, 10 & 17.
These are my targets.
Watch out on coinbase the MAX sell button may not be working correctly. SCAM SHIZZZ
HOW HIGH CAN WE GO?
NOT FINANCIAL ADVICE
AIOZ/USD Estimated Price Will Be 500 By Year End. Why? WEB3 & META verse. Network of the future fast reliable unlimited bandwidth ; ) . The following coins use AIOZ Network's ETH Token algorithm and proof-type: Binance USD, Polygon, Crypto.com Coin, Dai, Parkgene, Chainlink, DREP, DREP , FTX Token, THETA, Decentraland, Theta Network, Fantom, Axie Infinity and...
More details of the market trend are available here:
AIOZ
Entry $0.22
Exit 1 $0.24
Exit 2 $0.28
TP Target 1 5.8%
TP Target 2 22.77%
I'm doing something a little different now. I'm posting what my entries and exits are. I plan to sell 50% of the coins at Exit 1 and another 50% at Exit 2. My overall plan projects over 10% of gains in the next 48hrs. However, I...
