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AKROBTC trade ideas

AKROBTC| Key Levels| .382 Fibonacci| Price Action| EMA Ribbon Evening Traders, Today’s analysis- AKROBTC- trading above a key local S/R with a ribbon bull cross, further upside probable Points to consider, - Price Action Impulsive - Local S/R Support (.382 Fibonacci Confluence) - Weekly S/R objective - Oscillators extended AKROBTC’s immediate price action is trading at the Weekly S/R where a rejection to the Local S/R that is in confluence with the .382 Fibonacci is probable, allowing for long entries. Both oscillators are currently trading at extended regions, a reversion to the mid-points will be reflected in price action. The immediate objective is the Weekly S/R, breaching this level is key for a continued bullish bias. Overall, in my opinion, AKROBTC is a valid long with defined risk, price action is to be used upon discretion/ management, Hope this analysis helps Thank you for following my work And remember, “There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.” ― Yvan Byeajee,
ALong
by The_Alchemist_Trader_
Akropolis 2nd Round After 7050% Bullish Wave..Akropolis (AKROBTC) bottomed out in January 2020... You know what we say, "once you hit bottom, the only place left to go is up". True enough, Akropolis went on a 7000%+ bullish wave that peaked this past August. After several months of correction, strong correction, early signals are showing the potential for a new bullish wave. AKROBTC Chart Signals We have very low volume. Prices went flat. The MACD is starting to curve. The RSI remains really strong. Lower timeframes are already showing some bullish signals. All the signals can say that the correction is coming to a halt... Which means that prices can grow next. Remember to build a plan and have your own strategy/do your own research before you trade. This is Alan Masters. Namaste.
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by MasterAnanda
6
Akropollis (AKRO) Project Over & Chart AnalysisAbout Akropollis (AKRO) Akropolis describes itself as a domain-specific financial protocol dedicated to the needs of the informal economy. It is designed to: Enable anybody to quickly set up, operate, and grow informal autonomous financial organizations (AFOs) (e.g. digital co-ops, guilds, mutuals). Enable an interoperable scalable network where value can be exchanged freely in a trust-minimized way (e.g. co-invest, lend/borrow, trade). Reduce instances of fraud and misuse of funds. Webste: akropolis.io -------- Akropolis (AKROBTC) has been showing great volume and growth and it is likely that this wave is reaching its end. Look at the parabolic growth, prices will drop as soon as the green arrow breaks. I would never recommend buying here... Once prices are high, the chances are higher for a retrace. We wait patiently until a new bullish set up develops before we trade. Namaste.
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by MasterAnanda
2