AIOZUSDT
AIOZ Network (AIOZ)AIOZ Network is a Decentralized Physical Infrastructure Network that rewards you for sharing your computational resources for storing, transcoding, and streaming digital media content and powering decentralized AI computation.
Anyway, AIOZ chart is one of those charts that teaches an important lesson: just because the asset/project was in a downtrend, a long one, doesn't mean it is dead and cannot climb all the way up, even further. That exactly what AIOZ did; broke the major downtrend line and went up to the ATH, broke it too, and went up more. After the ATH, AIOZ entered an uncharted territory, to buy AIOZ for spot holding, one has to wait for a major correction. Let's see what happens.
#AIOZ Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
AIOZ is trading within a descending parallel channel, and the price is currently near the support level at $0.33. Given the ongoing downtrend, it’s likely that AIOZ will test this support level or even the lower boundary of the channel.
A rebound from the current price or the support levels could trigger a bullish rally, potentially aiming for $1.059, representing a 220% gain.
Key levels:
- Primary Support: $0.33.
- Lower Support: $0.244-$0.27.
- Primary Resistance: $0.49.
- Target: $1.059.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
Trade Setup: AIOZ Long PositionMarket Context: $AIOZ is currently seeking support above $0.40, with expectations of one more retest at this level, as BTC potentially retests the $61k mark. This offers a favorable risk-reward opportunity.
Trade Setup:
Entry: Long trade around $0.40 at the support zone.
Take Profit:
First target: $0.61
Second target: $0.84
Stop Loss: Daily close below $0.33.
📊 This trade looks to capitalize on a bounce from support, with well-defined risk management through a stop loss at the key level. #AIOZ #CryptoTrading #Support
AIOZ great R/R #AIOZ/USDT
$AIOZ is about to break from a long-term triangle,
🐮 breaking out from long-term descending resistance, will increase price toward resistance zone around $0.06 and even resistance of $0.075.
and breaking out from $0.08 can move up price toward upper trend lines.
🐻 break down from support zone around $0.045 will invalid this scenario.
AIOZ.Usdt (Y22.P1.E1).Looking for a reversal Hi All,
Based on a few assumptions, with WAVE 5 completed and now a accumulation structure to take place for a reversal.
This chart is the most bullish I can think of with the ABCDE count.
Point E can be arguable as we can have a double bottom as well.
#AIOZ
Another trade option has been missed but could give another short setup using the RSI trend line support, and potentially a broadening wedge breakdown. Eg. below
All the best,
S.SAri