AKRO - Bullish Pennant Breakout! 👍🏼Following our last analysis for Akro, price pushed up 50% before creating a bullish correction for another move up.
We are now currently in a bullish pennant which bounced off the ascending trendline. Looking to take AKRO higher!
Bullish outlook will be invalidated once we break the ascending trendline.
AKROUSDT
$AKRO long$AKRO takes time but it will go up, patience!
$AKRO will break $100m marketcap soon
About The Token ;
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.
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 is fluctuating inside a triangle. If the line breaks and stabilizes, we can enter the trade. But if it comes out from the bottom, our support line can support the price.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
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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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
AKRO/USDT - potential midterm investment Hello, traders!
The price of the asset has been accumulating for more than two months in the range of $0.0152 - $0.0274
At the current moment, there is a retest of the upper border of the range - the level of $0.0274
Volumetric and cluster analysis shows an increase in the number of purchases. Large purchases are between $0.021 - $0.026
The Bitcoin correction will serve as a trigger for the correction of the whole market. In this case, it will be possible to comfortably gain a position on the instrument with less risk.
The position can be taken in two parts:
The first one is in the range of $0.0192 - $0.0212.
The second one is within the range of $0.0220 - $0.0232.
Stop-loss can be placed under the $0.0152 level
Target prices for purchases will be
$0,0365
$0,0400
$0,0435
$0,0490
Fixing profits is an integral part of the trading process.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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.
Feel free to comment what you think in the comments and for more TAs please follow and upvote.
NOT A FINANCIAL ADVISE
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!
AKROUSDT Buy TradeHello Traders!
A reversal pattern is detected at the breakout point. This Reversal pattern can push Akro back above 0.02
Target will give a 13% gain of the investment and the stop loss is at -4%.
Don't forget to hit the like button and follow to stay Connected
AKRO/USDT - potential x2 movementHello, traders!
AKRO is within the consolidation range.
Cluster analysis shows an increase in buying volume.
It is possible to connect to the trend in the range of $0.0185 - $0.0195
It's rational to place the stop loss under the level of $0.0152.
Objectives by levels:
$0,0218
$0,0274
$0,0386
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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
If you liked my idea, follow me for more 🚀
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