23.07.2019

Aunit review: "Correction: where will it go next?"

Aunit vs USD analysis




From a technical point of view, the situation is very interesting. On the one hand, the token is in the area of ​​local resistance. Now we need to monitor the corrective pullback appearing here. A while ago, the resistance 0.06 worked, now the situation is more complicated.


First, the resistance is broken. If we consider the old channel 0.04 — 0.06, the price can repeat its previous false exit from the channel. Meanwhile, this option exists and can lead the token back to the channel. We wonder if the rate gets back to the support of the channel or the rollback would end at 0.06. So far, the correction shows the signs of a rebound from the old resistance. The resistance 0.06 may turn into the point of support 0.06. In this case, the simplest option would be the formation of a new channel 0.06 — 0.08. An alternative option is a strong trend, which can be triggered by a new campaign held by the issuer of the token.

Aunit vs. BTC analysis




The Aunit token against Bitcoin behaves almost the same way as the previous pair. The difference is a more bullish mood. However, the correction with increased volatility suggests that there will be certain rollback or vice versa: the trend will be stronger than the previous one. Trading volume is also excellent. It fell for the previous instrument, whereas here volumes are kept at a certain average level. Perhaps, it is because Aunit could be a useful haven. Anyway, we should watch the current correction. A local double bottom can be built with a local resistance 0.00000660, from where the rate may move to 0.00000750. If so, you can buy on a breakthrough of resistance. I consider the situation when the price moves to 0.00000750.

Aunit vs. ETH analysis




Aunit against Ethereum is being traded under the resistance 0.000400. The situation is similar to the scenario of the previous pair. The breakthrough of this resistance will bring the price to ​​0.000650. Given the low volatility, you should work with pending orders.

As always, let me wish you successful trading and investing activity at the end of my review.


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