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.
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.
Note
So, AIOZ correction made a pullback on the broken horizontal resistance area. AIOZ could oscillate here, between the two horizontal areas, a little bit longer. Let's see what happens.
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So, AIOZ broke the correction triangle pattern and is going up. Let's see if AIOZ can break the horizontal resistance area and reach the ATH or not.
Note
So, AIOZ went up and reached the second horizontal resistance area again. AIOZ tried to break this area twice, but so far, it has not been successful. Let's see if the third time is the charm.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.