Short Term Make or Break for Akita will be Determined this WeekAkita failed to break out further when it was approaching an ascending wedge.
If Akita closes below this short Support at ~.0000026, then short term momentum is lost. At this point, I can still see a parabolic pump happening soon, but nothing is a given.
Akitainu
AKITA INU - Ascending Wedge, Ready to Pump?Classic Ascending Wedge, wouldn't be surprised if this does a quick 5x from here in the near term.
23 SEP 2021: Today is the best time to buy AKITAUSDT (Crypto)I have been watch this pair for many long time. I have concluded and decided today is the best day to buy AKITAUSDT.
After the crypto major drop in Bitcoin, usually will be impacted market of altcoins.
But some of the altcoins not impacted when the major pair crypto BItcoin crashed.
Some to name of few like Solana.
When I studied the AKITA performance on the previous finding, is good to have an indicator to gauge this altcoins.
But when you purchase AKITA in this century, it is not the same like previous bullrun.
Glad to remember this pair will follow its brother of SHIBAUSDT.
In terms of the performance nowdays, AKITA will not have the same momentum if compare towards its previous momentum.
Many holder already abandoned AKITA but most of them will hold only SHIBA since it had more caps and momentum.
Need to tell that whether AKITA SHIBA or ELON, these pairs is just an experimental altcoins.
Meaning, it is a risk is lie onto the pump & dump scheme.
It is just a game for most of many whales.
Since in crypto world, we called crypto is just a 'speculative asset' or in much more nicer name to say it is just a gambling asset where
when putting money onto altcoins.
So, it is wise to invest in coins like Bitcoin and Ethereum rather than altcoins except known to be famous like dodgecoin.
SHIB- Dog MEME coinAll major Inu coins- Alaska Inu (LAS), Kishu Inu (Kishu), Hachiko Inu (Hachiko), Hokkaidu Inu (HOKK), Akita Inu (Akita) and Shiba Inu (SHIB). They are all copycats of DOGE and we even have the copycat of the copycat- Baby Akita (BKITA).
Most of these meme coins are only available on DEXs/AMMs except Kishu Inu (Kishu)- OKEx, Akita Inu (AKita)- Poloniex & Okex and Shiba Inu (SHIB)- Binance, Huobi, OKEx and Poloniex.
SHIB has the highest liquidity and has the confirmed marketcap (at least it was created in 2020). These meme coins are highly speculative and volatile and have zero fundamentals so they are only good for short swing plays while crypto market remains bullish.
BTC marketcap is short- term bearish and continues to range within the consolidation with the support lvl at 40k. Altcoin marketcap is overheated so I expect some pullback.
Looking for quick bounce back plays inside both demand zones. If BTC breaks below 40k, then looking to get in inside the second demand zone. These meme coins are highly risky so open a small position with tight stop loss and take the profit aggressively.
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Just my two cents. Not the investment advice. Please do your own research.
AKITA, ready to reversal? AKITA INUHello my friends, Everything is clear on the chart for you like always. I expect the reversal from here, of course better position with lower risk is above of the downtrend line and resistance base band. Good luck.
If its useful please like it as a support and follow me for next analysis :)
AKITA/USDAfter running up 16000% in 7 days, AKITA profit taking happened for a healthy correction.
The [rice action data on Trading View is limited so had to work with lower time frame (1HR) to with help from 4HR and Daily to create this chart and what I believe is a good initial or buy-back-in zone based on trend, support, resistance action and a stochastic RSI cross on the 4HR, inside the oversold zone, shows downward pressure is weakening.
So we can expect a reversal to the upside soon to test the marked resistance level above.
If you get into #AKITA, Hodl Hodl Hodl!!!