Take your trading to the next level Start free trial. AEONBTC Aeon / Bitcoin. %: Strong Sell: HITBTC. BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the . AEON is a coin with specifications below: PoW algorithm: CryptoNight-Lite Max supply: ~ million Block reward: smoothly decreasing Block time: seconds Difficulty: retargets at every block Right .
Tradingview aeon btcBTCUSD — Bitcoin Chart and Price — TradingView
Will this cycle be the same? Stay tuned. A picture speaks a thousand words. Volume hit low and bounced off strongly. AEON has already touched both 0. After an absolute punishing bear market Aeon might be ready to break out! Info on the chart. We are seeing some altcoins produce massive breakouts, only a few but many are looking ready to produce similar growth.
Take a look at today's candles Prices are now The reason you must buying this good one. Low risk trade. Green Renko candle formed on weekly timeframe, suggests uptrend now in play. So bullish on this one Waiting for MACD confirmation, but moneyflow is pretty low. AEON is looking bullish. I wouldn't call it classical technical analysis, except for support and resistance zones, but it look so pretty that I'd like to share it. Valid only in case of BTC bounce.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous The weekly BTC consolidation continues to deplete market participants.
During the last attack of sellers, the price could only touch this range. As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points. Buyers are Looking like alts could be testing ATH sometime soon. Left Picture is money coming into alts and right is BTC. I want to tell you right away that the situation with Bitcoin is now very shaky, it literally hangs in the balance.
The fact of the merging of altcoins and the growth of domination only confirms the fact that people close their positions and enter the cash or stable coins, and bitcoin stands still - everyone is waiting for the next step from it. If we Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot.
This is despite whatever excuse for why that cannot happen now. This is This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Weekly Chart Analysis - Taking a look Hello, dear subscribers!
It is broadly known, that the Ripple has very negative fundamental analysis according to the last news. The price immediately reacted with a huge dump. On the right chart we can see two global support lines. The price have already broken down the support 1 level but It does appear that BTC might be forming a Bull Flag, with that said it could also just be a neutral wedge. This is not financial advice.