History Will Repeat For Privacy Coins! (AEON)PRIVACY COIN
AEON USD
SETTING UP A MAJOR TURNING POINT FOR A NEW MULTI YEAR BULL CYCLE
WITH THE HIGHER LOW IN PLAY IS POSITIVE SIGN
NOW WE NEED TO JUST CRACK THIS $1 AREA OF RESISTANCE AND BEGIN THE BULL RUN.
I DO BELIEVE THAT HISTORY WILL REPEAT AND WE WILL SOAR HIGH!
AEONUSD
AEONUSD - Patience is keyToo many areas of data confluence..
Keeping this revised idea for the record.
AEON reversing long-term trend?As you can see the first green Renko candles look to be formed on the weekly chart, confirmed once June 2nd price action closes - AEON-USD needs to maintain above $0.82-$0.83 until June 3rd.
Only once in AEON's history has the green Renko reversal failed as a bullish signal - in Feb 2018
As you can see, from November 2017 to January 2018, a strong upward trend is observed which followed a Renko reversal.
Volume has exploded in recent days... normally volume on Bittrex was around 1-2 BTC or less. In recent days, volume has increased significantly to ~$400,000 on Bittrex indicating increased trading interest (remember, volume precedes price).
Sophia's CorrectionAeon Cryptocurrency --- Release Sophia --- Current Version 12.5.0
Her correction has begun.
Sophia Rising Through $Aeon #Aeon18700 bottom.
Sophia, with her guidance, she has bearing on the rising of cryptocurrency as a whole.
AEONBTC. She will be named, SophiaAmericanPegasus/KatieCharm: Things are dark right now
So many negative posts. Darkness. Despair. Hopelessness.
We have hit a sour spot in psychology.
Pile in as deep as you can, however frightening the technique may appear.
The trench is too perfect. She will be named, Sophia
Listen to her guidance.
AEONUSD AEONBTC minimal downside, $1.33 or 19000 sat minimumAEONUSD to never drop below $1.33 or 19000 sat again.
$1.33 AEON & 19000 sat lowest case scenario implies Bitcoin $7000.00 minimum
(1÷.0001900)=5263.157894737*1.33=7000.00
$373 per Aeon potential high, and $9.50 per Aeon potential low by Jan 1st 2019,
AEONBTC Mid-Term Opportunitybuy the bounce, sell the rejection, rebuy the breakout, add more on the retest :)
Aeon Could Rise 50% Towards Major ResistanceAeon has lost 80% of the USD value after it corrected from the $9.5 all-time high, down to $1.95. But the key support level is at $2.8, that is 227.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout.
At first, $2.8 support has been rejected but then price broke below down to $1.9 and almost immediately went back up to $3.6. On a corrective move down AEON/USD again rejecting the $2.8 level and now it seems to form the head and shoulders reversal pattern.
The confirmation should be the break above the neckline and should send the price up to the major resistance area between $4.7 - $5.2. On a downside break below the $2.8 support should invalidate bullish outlook.
Backtest of Breakout Complete Up We Go LONG AEONPrice has formed a bullish falling wedge and has retested the December breakout. Confirmation of the move up comes when RSI Price and MACD breakout. GL
AEON getting ready to explodeGreat little privacy coin this with great potential in 2018.
With Asian regulators trying their best to tax and shut down Crypto - where is the money likely to flow to!
AEON buydivergence and increase in volume give me reason to believe that we are waiting for movement up. the price is also at the level of strong support.
buy here
target 0.00036-0.00054
stop-loss 0.00015
Negative Divergence? Na. RSI of Fury. LONG AEONUSDWhat an interesting chart. While RSI has set a series of lower peaks, I don't think it's negative divergence because the MACD doesn't really back that up. Since price has done nothing but climb, I think the RSI is gathering power for a super breakout. You don't see a weekly RSI coil in overbought territory often, and when it breaks out the move is pretty nice. Also in a non technical note, since Monero looks so bullish, I think it can only help here. This play is super speculative but it's also one of my favorite coins. I will try to post the AEONBTC chart in comments which is also coiling for a breakout (sometimes TV rejects my charts in comment section).
We Have Ourselves a Runner LONG AEONBTCPoint : I'm in this for the long haul as I like the functionality of this coin as it is akin to litecoin to bitcoin, with monero. However if you are looking for a short pop I think we're about to get it here. Prices have been slowly climbing and you can see the intraday pattern well on the 4HR chart where we have climbed recently and held the gains well. So when you look at that in the perspective of the daily chart with the expanding ADX and rising RSI we can see it looks like we are in the middle of / starting a new uptrend. I don't usually mess with altcoins but I feel there may be something special here because of the functionality behind the tech + only 4 million coins left to be mined is a relatively low float.
Counterpoint : No real news for this new uptrend and could just be part of a pump and dump scheme although I'm not aware of one. Downside risks include testing .0002 again.
