Aragon pumped till 38.2% Fibonacci retracement of the previous movement, hitting 200EMA weekly and retraced down to 50EMA near 23.6% Fibonacci level. We can open long here since is a good support level and take to at least next targets:
26000 satoshis
45000 satoshis
64000 satoshis
TA factors:
1- MACD weekly just turned green;
2- Stochastic just moving up;
3-...
ANT IS READY TO FLY..SITTING ON THE BOTTOM ..SHOWING GOOD SIGNS OF UPCOMING MEGA GAIN...TARGETS ARE MAPPED VIA RED LINES...ALWAYS TRADE WITH STOP LOSS ..DO YOUR RESEARCH..TRADE SAFE PLAY SAFE :))
Looks like Aragon (ANTBTC) is in the process of confirming a higher low... This is great.
Higher lows tend to lead to higher highs, which means higher than the 5-Feb. peak (marked light green).
You can find the targets and additional details on the chart.
Thanks a lot for the support.
Namaste.
Lots of potential for ANTBTC and ANTUSDT over the long term. TA technicals aside, I love the "digital communities" FA behind this product, especially as we continue to move increasingly decentralised in the way we work.
Good luck!
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ANT made a movement to 23.6% Fibonacci level and turned back to the bottom of the channel. The coin can start moving up again from here. Next targets based on Fibonacci levels in yellow.
TA factors:
1- Stochastic oversold again.
2- RSI shows breakout of a resistance level.
Price and RSI compresing in a symetric triangle just below the cloud after retesting the 0.618 fibo lvl.
Buying in the bot of the triangle that matces with a OB daily zone.
As target we got the top of the cloud and the level that would make ANT do a Market Break Structure (MBS) on the weekly timeframe.
Aragon (ANTBTC) peaked vs Bitcoin back in August 2020... It's been a while... 😊
Now, we have the highest volume on a daily candle since this same month, Aug. 2020 while prices are moving above EMA50.
The RSI is at its highest ever while the MACD is trending higher.
Looks like the bottom has been hit for ANTBTC... This might be the start of a new trend.
Namaste.
