AERON (ARN): 4000% UP potential!
Updated
Hi everyone,
I believe Aeron might go for a bullish run. I think that this project is a good long-term holding and this might just be the right time to buy in.
There are only 13,000,000 ARN-tokens, meaning the supply is relatively low. With a current price of 5.50$, this coin has a lot of growth potential!
The market cap has grown exponentially since January 6th, so I smell some money silently flowing in the market. It has gone from a 17,741,500 to a 108,507,000 market cap in one day. (January 6th to January 7th). And its holding pretty good at a $70.935.800 USD market cap right now.
That is a x10 market cap in four days
From a technical point of view, it can make a drop to PRZ 1 or 2, before making the big impulsive move to the upside. If it makes this move, that 200% move to the upside is just the beginning of a bullish run.
I think this project is very much undervalued and i can easily see it sitting in the Top 20, around the 3-billion market cap. Considering the fact that the market cap is only 71 million right now, it can grow around x40 times before reaching a 3 billion dollar market cap. Making it a Top 20 coin and having a price of around 220$ per ARN-token.
A break above the blue descending trendline, would mean the beast is alive.
Adios
I believe Aeron might go for a bullish run. I think that this project is a good long-term holding and this might just be the right time to buy in.
There are only 13,000,000 ARN-tokens, meaning the supply is relatively low. With a current price of 5.50$, this coin has a lot of growth potential!
The market cap has grown exponentially since January 6th, so I smell some money silently flowing in the market. It has gone from a 17,741,500 to a 108,507,000 market cap in one day. (January 6th to January 7th). And its holding pretty good at a $70.935.800 USD market cap right now.
That is a x10 market cap in four days
From a technical point of view, it can make a drop to PRZ 1 or 2, before making the big impulsive move to the upside. If it makes this move, that 200% move to the upside is just the beginning of a bullish run.
I think this project is very much undervalued and i can easily see it sitting in the Top 20, around the 3-billion market cap. Considering the fact that the market cap is only 71 million right now, it can grow around x40 times before reaching a 3 billion dollar market cap. Making it a Top 20 coin and having a price of around 220$ per ARN-token.
A break above the blue descending trendline, would mean the beast is alive.
Adios
Note
PRZ 1 has been hit, i can see scenarios. !) Move up from here.
2) Jump to PRZ 2, and move up
Note
Broke out of the descending trendline at PRZ 1; Possibly more upside now.
Note
If we break out of the descending trendline, i can see a scenario where we move up to the 0.618-levels and make a ABC-correction, before breaking the ATH's. Note
We might have a breakout here. The same patterns which repeat themselves over and over again are a nice reflection of how the fractal nature of markets workNote
Note
Made a flash crash to PRZ2; spiked to jezus himself. Expecting upside from here, if it holds.Note
investors, let it run. Traders, watch it closely.
Note
If we have an hourly close above the blue descending trendline. then the first resistance will be around the 0.00055000-levels. Note
Correcting in a channel. Having some RSI-divergence. Can move up from here: Note
Another drop to PRZ 2.Note
Finally broke out of that correction-channel : Note
Short summary; went to PRZ 2, and moved up: as expected.. nothing crazy going on here.Note
Up, or down? ;) Note
Matter of time before we break out: 
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