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
Kommentar
⋅
PRZ 1 has been hit, i can see scenarios.
!) Move up from here. 2) Jump to PRZ 2, and move up
Kommentar
⋅
Broke out of the descending trendline at PRZ 1;
Possibly more upside now.
Kommentar
⋅
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.
Kommentar
⋅
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 work
Kommentar
⋅
Kommentar
⋅
Made a flash crash to PRZ2; spiked to jezus himself. Expecting upside from here, if it holds.
Kommentar
⋅
investors, let it run. Traders, watch it closely.
Kommentar
⋅
If we have an hourly close above the blue descending trendline. then the first resistance will be around the 0.00055000-levels.
Kommentar
⋅
Correcting in a channel. Having some RSI-divergence. Can move up from here:
Kommentar
⋅
Another drop to PRZ 2.
Kommentar
⋅
Finally broke out of that correction-channel :
Kommentar
⋅
Short summary; went to PRZ 2, and moved up: as expected.. nothing crazy going on here.