Akropolis (AKRO) formed bullish huge Cypher for upto 200% rallyHi dear friends, hope you are well and welcome to the new update on Akropolis ( AKRO ).
On the 2-week time frame chart, the price action of AKRO has formed a bullish Cypher , due to extreme sell-off the price action broke down the potential reversal zone but now it has re-entered the buying zone. In my opinion, it has big potential, and right now the priceline is also breaking out the EMA 21 on the 2 weekly chart.
AKRO
AKROUSD: above resistance"What Is Akropolis (AKRO)?
Akropolis is a company that operates an Ethereum-based decentralized finance protocol that seeks to provide an autonomous financial ecosystem for saving and growing wealth, including through borrowing and lending. To do so, it offers a series of products including AkropolisOS, a framework for developing for-profit decentralized autonomous organizations, Sparta, a platform for uncollateralized lending, and Delphi, a yield farming aggregator and tool for dollar-cost averaging.
The project uses an ERC-20 token, AKRO, for protocol governance across its suite of products.
Akropoli was first announced in March 2018, launching on the Ethereum mainnet in June 2020.
Who Are the Founders of Akropolis?
Akropoli was founded in 2017 by Ana Andrianova, with Kate Kurbanova joining later as a co-founder.
Prior to starting Akropolis and serving as its CEO, Andrianova co-founded and was managing director of Apiro Capital, a data- and technology-driven investment management firm, in addition to founding private equity advisory firm Sirin Capital. She has additional investment experience from serving as a fund manager for the Lehman Brothers and an emerging markets hedge fund analyst for Emergent Asset Management, where she was responsible for private equity fund strategy. In addition, Kurbanova has served as an advisor for The Bee Token, the Web3 Foundation, Tenzorum and OpenMaker.
Kurbanova first began with Akropolis in January 2018 as an advisor and was officially brought on as a full-time employee in June 2018, recognized for her contribution to the project by being named its co-founder. Prior to Akropolis, Kurbanova was head of analytics at crypto-asset intelligence company Cindicator, where she developed research tools and methodologies as well as co-authored the company's CND token model and white paper. She has also served as a community and product advisor for Svandis.
What Makes Akropolis Unique?
Akropolis was conceived as a distributed savings and pensions fund — a solution to what it described in its initial announcement as ""a looming pension deficit apocalypse"" resulting from the inevitable collapse of state pensions systems. But in August 2020, the company stated that it had shifted its focus to building the underlying framework for such a system by creating AkropolisOS to allow for the rapid launch of for-profit capital pools.
AkropolisOS is a Solidity-based, modular framework for the creation and management of distributed capital pools and serves as the base for the company's Sparta and Delphi platforms, with the former providing access to uncollateralized loans. Akropolis has claimed that unlike other DeFi protocols, its products reduce the risk associated with these loans by providing community incentives in the form of AKRO to those who provide accurate risk assessments.
The company provided some insight into its business model in December 2018, reporting that it would focus on building a pipeline of institutional partners and clients, developing technology and academic partnerships, and building out the Akropolis ecosystem. It also holds a significant number of AKRO to be used for internal operations such as marketing and partnership building." source cmc
AKRO Testing Support and ready to bounceAKRO has found a support at 0.028 zone and have tested it twice on 1 hour chart.
Also on a 2 Hour chart, it has found support on 2/1 level of Gann Fann.
So overall pattern looks good and it might potentially bounce back up from these levels and retest Resistance at 0.030 zone.
There are two possible scenarios for AKRO
Scenario 1 (Black path) - AKRO to find support on 2/1 level (Blue Support) of Gann Fan and move up to retest Resistance zone
Scenario 2 (Red path) - AKRO to go below 2/1 level and find support at 0.028 zone and move up from there
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Akro LongBased on Elliot Wave the second wave looks to be finished with facing strong support at fibo 0.382 - 0.5. On RSI the RSI 50 which was acting as resisitance is becoming the new support. EMA 200 has started to cross over and looks like a good opportunity to go long.
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NOT A FINANCIAL ADVISE
🔥 AKRO/BTC 1 Year Triangle: Ready For Take-OffNormally I don't look at BTC pairs too often, unless a nice opportunity presents itself. Today, I'm looking at the AKRO/BTC pair.
Recent price action is suggesting that the bottom support of the triangle held and functioned as a spring for the value to go up again. Obviously, BTC will need to remain relatively stable (read: not crashing) in order for this trade to be successful. Current target would be the top resistance of the triangle.
Be aware that this is a long term signal, so it might take a couple of months for the price to reach the desired target.
Happy trading!
AKRO / BTC Local work. Wedge. Breakout resistance.Secondary trend. A falling wedge has formed in this trend. At the moment, there is a breakout of its resistance (potential reversal of the secondary trend). Working with the goals of a given formation. Level zones are shown in the graph.
Coin in the coinmarket; Akropolis AKRO
AKROUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price has been able to break the channel ceiling upwards. If fixed above the channel, it can touch its targets. But if we see a weakness in the price and it can not move up, there is a possibility of price correction.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🆓Akropolis (AKRO) June-27 #AKRO $AKROAKRO is accumulating around $0.016 and this is very good for AKRO's future. If AKRO does not lose the $0.016 zone during this period, it will have a strong rally to the $0.022 and $0.028 zones in mid-July. But if it loses the $0.016 zone it will continue to retest the $0.014 zone or even 0.01$ at the beginning of July
📈BUY
🔴Buy : 0.0156-0.0164$. SL if B
📉SELL
🔴Sell : 0.0215-0.0225$. SL if A
🔴Sell : 0.0275-0.0285$. SL if A
♻️BACK-UP
🔵Buy : 0.0137-0.0143$ if A. SL if B
🔵Sell : 0.0137-0.0143$ if B. SL if A
🔵Buy : 0.0097-0.0103$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Loading AKRO like there's no tomorrowLoading AKRO as marked in light blue, and laddering bids to load much more ambitiously as marked in dark blue. Why?
1) only 8% AKRO available on exchanges. High outflow of AKRO from exchanges over the past weeks since the dip.
www.viewbase.com
2) Only $56M Market Cap. Fully diluted $83M
3) Price is only 50 sats, very cheap and at a record low.
3) chart on the 3D and 1W shows double bottom formation.
4) When it pumps, we could see x2 if not more with Fundamental announcements in time.
GO/BTCGO Forming inverse head and shoulder pattern on 1W timeframe and now bouncing from strong support on 1D timeframe. Low cap shitcoins are pumping very hard and GO will also follow them it’s a best coin to buy for mid term hold as it’ll pump hard after breakout. Also GO team is working hard on developing the faster smart chain available in crypto so now is the right time to fill your position in it for mid term hold
Buy zone 85-90
Target 105-115-130-145-170-200
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AKROUSDT - Break & Retest Heaven!The last time we analysed AKRO was on the 5th of May where we had a Short set up which played out perfectly. We are not at the lows and looking for entry reasons to buy.
We have a descending trendline which we are monitoring closely for a break. If we fail to break the descending trendline, we could go down to make a double bottom.
The important level to note is the 0.035 level where we have our structure point. Once we pass that point, it could be a full blown bull run to all time highs!
Akro has had numerous break and retests in the past so it's possible we may see a break and retest once we break the descending trendline and again when we pass the 0.035 level. Keep a close eye for breaks and retests!
AKROUSDT - Break & Retest Heaven!The last time we analysed AKRO was on the 5th of May where we had a Short set up which played out perfectly. We are not at the lows and looking for entry reasons to buy.
We have a descending trendline which we are monitoring closely for a break. If we fail to break the descending trendline, we could go down to make a double bottom.
The important level to note is the 0.035 level where we have our structure point. Once we pass that point, it could be a full blown bull run to all time highs!
Akro has had numerous break and retests in the past so it's possible we may see a break and retest once we break the descending trendline and again when we pass the 0.035 level. Keep a close eye for breaks and retests!
AKRO looks promisingDaily chart of AKRO in USDT pair shows that the support zone has done its job well and held the price even through the disastrous bearish run. Acknowledging that, a pennant has been formed after the last bottom zone and the price has been ranging within the pennant. Considering the bullish divergence starting to appear in RSI diagram, it may be found out that (with the assumption of stable market!) there would be a good chance for AKROUSDT to break the channel upward and advance to the oblique resistance above!
Trade Safe
AKRO/BTCOvercoming the pivot and maintaining the level looks very positive for the trend. However, Wave 4 is still not finished and may go deeper. But it must not close lower than wave 2. This would follow the slide and onto the new low.
The EMAs are so close together now, I think there's going to be impulse movement either way up or down.