Aragon went up from $1 up to $8 area, where it found the resistance and formed a double top. Price then declined down sharply and broke below the uptrend trendline and the 200 Moving Average.
The downside risk remains, where ANT/USD could decline to one of the Fibonacci support levels applied to the breakout point of the uptrend trendline. First strong support is at $2.4, if reached and broke further downtrend could be expected where Aragon could test $1.15 support level.
At the same time, it has to be mentioned that price also formed a double bottom at $3 area and if it continues to rise, breaking above the $5.77 resistance, the continuation of the uptrend would become a more likely scenario.
The downside risk remains, where ANT/USD could decline to one of the Fibonacci support levels applied to the breakout point of the uptrend trendline. First strong support is at $2.4, if reached and broke further downtrend could be expected where Aragon could test $1.15 support level.
At the same time, it has to be mentioned that price also formed a double bottom at $3 area and if it continues to rise, breaking above the $5.77 resistance, the continuation of the uptrend would become a more likely scenario.
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.