Review of the Aunite coin
Hello everyone. This review of the Aunit coin will contain some news and primarily be based on technical analysis. As for the news, we can mention the congress of the Altai Chamber of Commerce and Industry, which was also attended by the representative of the Aunit Group on February 6. As a rule, investors value participation and engagement of companies in such events.
Technical analysis of the Aunit/USD pair
In this review, I would like to consider two new points. The first is breakthrough of the bear channel, which is drawn by the two red lines on the chart. The breakthrough was technical and there is every chance for an uptrend to happen. It may be quite modest, but the price can go to the beginning of the recently broken bearish trend. If the current channel is not going to expand, then there is every chance to trade around 0.0284.
Technical analysis of the Aunit /BTC pair
The situation is very simple and interesting here. Despite the last few candles without a shadow, the volumes are still here. While a false breakout of the support of 0.00000500 is obvious, as soon as the pair consolidates above the resistance 0.00000500, we can immediately expect a movement towards the resistance of the channel around 0.00000750. The pair is still oversold and can even be used for those who are getting rid from Bitcoin, should there be any hints of a continuation of a bearish trend.
Technical analysis of the Aunit/ETH currency pair
Quite interesting events are coming here. On the one hand, activity is low, and on the other hand, a surge in sales volumes did not lead to a significant depreciation. This means that there are players on the pair.
As for the technical analysis, this correction is coming to an end.
There is no triangle or exit from it. The triangular correction will turn into a parallel channel, the only question is its direction. There is no spot for the price to go to, the pair is oversold. Most likely, it will go up or change the flat trend. With either of the last two options, the winner will be the one who buys the pair now or when a trend resistance breaks.
I wish all of you successful trading, goodbye.
