Review of the Aunit token as of March 23, 2020: traders are switching to Aunit
Hi. I’ll start this review with bad news: this year, the Aunit Group will not celebrate its birthday in connection with coronavirus pandemic declared by WHO. Ticket purchased for this event will be refunded. More information on how to return the money can be found on the company’s website.
Now many businesses find themselves in an extremely difficult situation due to quarantine measures taken around the world. But we cannot say the same for the Aunite Group. Quite the opposite is true: people are starting to make more purchases through online stores in order to stay at home as long as possible, which exactly benefits cashback services. As for the Aunit token rate, much here depends on the behavior of traders. On the one hand, there is panic in the market, on the other hand, you need a safe haven where you can wait over this panic. Although it can be considered as overstatement, but the Aunit token can become such a haven for crypto investors. There are two main reasons. First, the token is oversold. Second, the Aunite Group is the token’s issuers, whose business volume may grow due to an increasing preference of online choice when it comes to purchase of goods and services.
Aunit vs USD analysis
The technical picture of the Aunit token against the US dollar has become different from what is shown by the Aunit token/Bitcoin pair. The reason for this was the high volatility of Bitcoin itself and the strengthening of the US dollar, which the case for every market crisis.
At the moment, the Aunit token is being traded around the new support 0.0130 — 0.0140. Will it take for the token to stay there for long? That is unlikely. There are no real reasons for the token to stay at such levels and, in particular, at the support 0.0136. In the recent past, of course, the rate had been there due to the pressure, but in the end it was a short-term effect. If you placed pending purchase orders (the possibility that I always remind of), then you have a good chance to earn rather quick and easy money.
It will take some time for the price to stay at the support of 0.0130 for a while. In fact, the price has already been there for a week. Of course, this level is a good place to buy the token. If you work as a trader, then the first goal for you there is 0.0200. The previous support, which acts as the new resistance now, has been broken. So, the market continues to see this level and, therefore, it makes sense to buy the token around 0.0130 and sell it as the price approaches to the resistance 0.0200. If you are just buying a token and looking for an attractive price, here it is.
To conclude the analysis of the Aunit token/ the US dollar pair, we can state two working levels around which you can work a little — these are 0.0130 and 0.0200.
Aunit vs BTC analysis
The situation with this cryptocurrency instrument is different from the previous picture. An important and obvious difference is the lack of movement below 0.00000200. As indicated above, the absence of a breakthrough is due to the situation around Bitcoin. The same is true for the growth of quotes. If we turn to the chart, then we’ll notice a breakthrough of the channel 0.00000200 — 0.00000300 to the target 0.00000400. A pretty cute movement within the channel. The scheme remains the same here: we buy near the support 0.00000200 and sell partially at the resistance of 0.00000300. We leave part of a trading position for the case if the price moves to 0.00000400.
Lucky trading to everyone!
See you!
what happened to aunit telegram community?? why is the telegram group placed in read online mode?
