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Aixbtusdtanalysis

BUYStrong buy 1) The price retraced to Fib 0.618 and strongly bounced up from the level. 2) Daily stochastics reached the overbought territory and now moving upwards. 3) 4H MACD is entering the bull zone and both MACD and RSI are forming positive divergence. 4) The price is broke above Fib 0.236 which is the last line of defence for the bear. I bought Aixbt at 0.36 area in Dec 2024. I intend to hold at least until it reaches $1bill market cap. I just bought a bit more but I might take a partial profit when the daily momentum indicators form negative divergence.
by EbonyFalcon
1
AixbtUSDT Analysis & IdeaHey traders! Looking at the AixbtUSDT chart, we can see the price recently pulled back after reaching $0.5980, which coincided with the top of an ascending channel. This correction found support just below the 0.50 Fibonacci retracement level. With the overall market showing strength and increasing volume in altcoins, particularly Bitcoin and Ethereum, AixbtUSDT appears to be resuming its upward momentum and targeting the $0.65 area. Key Resistance Levels: $0.5700 $0.6100 Trade Idea: Entry: Long above $0.4800 Stop Loss: $0.4600 Remember: This is just my personal view, and it's important to always do your own research before making any trading decisions. Keep an eye on volume and price action for confirmation of any potential breakouts. Consider setting stop-loss orders to manage your risk effectively. Let me know your thoughts on AixbtUSDT! Happy trading!
Long
by Arash-RK
1