Hey peeps, hopes alls well. Just was checking couple of charts and happened to notice this.
Couple of reasons why i feel that this could go 300% and why is this a decent buy now for trading.
i) At 60% Fib retracement & daily support. Good buying opportunity around 0.0004
ii) We have a daily breakout aswell & most of the breakout were followed by an amazing bull.
If any banning news pops up again we could see a downturn too but i guess this could be a safe one. if you are extra conservative you may place at your buys at a stronger daily support around 0.00025 but it may take forever to get filled and unless for any news as mentioned earlier, we may not see such a down turn.
We dont need much volume to get aeon pumped. 300% is an easy target, look at the circulating supply only 15M coins. Downside i guess is limited, upside is not. But yea, just put your stop loss in case.
This is not an investment advice, im just sharing what im doing, have bought 500 aeon below 0.0004 already, lets see whats in couple days/weeks...also have put sell orders at 2x and 3x.
Cheers guys, hope you find this helpful & may the 'price' come to you.
Bitcoin : 1EDEU9A9D1pJYGkM8JaEEUgdH7U8yUNeXp
ETH & ERC 20 tokens: 0x277be3fe5b9b6fed7eff380bff320f9c1caf69a2
