AKTIO/USDT : Bouncing off buying area
------ Mid-term Analysis for the next coming 1 to 12 Weeks - Based on 3h Chart -------
AKTIO/USDT : Bouncing off buying area
Context
- (APP) Akt . io app available since March 2022 on Apple and Google Store (Europe only for now) akt.io/
- (COIN) The AKTIO Coin ( native ERC20 coin from Akt . io app) has been launched the 13/04/2022 at 1,09$ on Bittrex exchange (during the Paris Blockchain Week Summit), also accessible on MEXC Exchance since JULY 2022 and directly vie the exchange on akt . io app.
- (TOKENOMICS) : https://www.akt.io/token-economics
NEW RELEASE (From September until the end of the year)
1. pre-order Visa Cards & book membership
---- PSAN (French crypto firm licence) ---- French Market Penetration
2. app update with new display
3. Pay with Visa Card (it is now a neobank)
Market configuration
- Graphical Elements :
Graphical Resistance = 2,90 & 5,90
Graphical Support = 1,09 & 0,50
- Mathematical Indicators:
EMA (Exp Moving averages) are being challenged = Bullish
RSI indicator (below) is above 50% with divergence = Bullish
- Elliot & Harmonic Wave (Fibonacci):
A complex range pattern in ''Triangle'' is in progress - the triangle is in orange and develop a a 5 wave sequence (A),(B),(C),(D),(E)
Fibonacci bullish resistance = 2,04
Fibonacci Triangle support = 1,09
Fibonacci buying area (reached) is set at between 1,49 (to buy (E) wave bottom)
Fibonacci Exit Triangle exit target = 2,90 before 4,25
Conclusion
Prefered Case => As long as 1,09 remains support a recovery towards 2,04 is expected before a larger upside move towards 2,90 and 4,25
AKTIO/USDT : Bouncing off buying area
Context
- (APP) Akt . io app available since March 2022 on Apple and Google Store (Europe only for now) akt.io/
- (COIN) The AKTIO Coin ( native ERC20 coin from Akt . io app) has been launched the 13/04/2022 at 1,09$ on Bittrex exchange (during the Paris Blockchain Week Summit), also accessible on MEXC Exchance since JULY 2022 and directly vie the exchange on akt . io app.
- (TOKENOMICS) : https://www.akt.io/token-economics
NEW RELEASE (From September until the end of the year)
1. pre-order Visa Cards & book membership
---- PSAN (French crypto firm licence) ---- French Market Penetration
2. app update with new display
3. Pay with Visa Card (it is now a neobank)
Market configuration
- Graphical Elements :
Graphical Resistance = 2,90 & 5,90
Graphical Support = 1,09 & 0,50
- Mathematical Indicators:
EMA (Exp Moving averages) are being challenged = Bullish
RSI indicator (below) is above 50% with divergence = Bullish
- Elliot & Harmonic Wave (Fibonacci):
A complex range pattern in ''Triangle'' is in progress - the triangle is in orange and develop a a 5 wave sequence (A),(B),(C),(D),(E)
Fibonacci bullish resistance = 2,04
Fibonacci Triangle support = 1,09
Fibonacci buying area (reached) is set at between 1,49 (to buy (E) wave bottom)
Fibonacci Exit Triangle exit target = 2,90 before 4,25
Conclusion
Prefered Case => As long as 1,09 remains support a recovery towards 2,04 is expected before a larger upside move towards 2,90 and 4,25
CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.