Analysis of the crypto pairs AUNIT/USD, AUNIT/BTC, AUNIT/ETH
Dear Aunit holders and readers,
In regards to the release of the Aunit token to the exchanges and following up with numerous requests of our partners, we are opening the reviews of cryptocurrency pairs AUNIT/USD, AUNIT/BTC, AUNIT/ETH.
An author of these articles is Alexander Ischuk - an exchange trader with a great record, a developer of automated systems and a trading tutor.
We'll start from a brief intro of the Aunit token.
What and who is behind the Aunit token?
The token has emerged recently. The ICO dates back to January 2018 and has finished in July 2018. After the end of the ICO, the coin had received a legal approving conclusion from the US lawyers and was launched on the crypto exchange. Though the coin is young, the company with a solid business record is standing behind it.
Its record can be tracked on the web as well. The history of this company began with the AutoClub brand and after the rebranding it came to the name of Aunite Group. The main direction of the company is rendering of the cashback service. It took only 4 years to get 12 000 partner companies and more than 850 000 users. In addition to the cashback direction, the company is running regular tutorials for all who wish to plunge into cryptocurrencies and make money by investing in new technologies. Unfortunately, a brief introduction cannot describe all aspects of its business, but what we've already mentioned can prove that the company has been among the leaders of during more than 4 years.
BTC-Alpha Exchange
A simple and convenient exchange, which was the first to list the AUNIT token. The tools represented on it have everything you need to conduct a technical analysis. There is an in-depth view tool of prices and indicators. More info about the exchange:
https://btc-alpha.comWithdrawal of the coin and review of the pair AUNIT/USD
The first quote and the first trading day on this chart are dated by Sep 18; so, the chart gives about a one-month record of prices. Of course, it may be not as sufficient for a proper technical analysis of data, but given the reliability of the coin;s emitter, you can begin to work. The coin is not only released to the market and sent to float freely, but also takes part in the work of the company.
Nevertheless, let's return to the technical analysis, but remember that the coin is demanded by the people who build their business together with the Aunite Group company.
The technical picture of the AUNIT/USD is quite simple and resembles the behavior of other coins: as it was released to the exchange, a depreciation of the value took place, then there was an attempt to recover, though not successful with the value dropped to 20 cents, then 10.
At the moment, we can indicate the Low at 0.0200. If you are looking for buy opportunities, here they are but given the fact the coin is close to zero as compared to the US dollar, you can buy a coin at any time. You can also split a position into two parts, the first will be a purchase from the market, or close to the current positions whereas the second one will be a purchase around 0.0200. You can also buy using a breakthrough of the resistance 0.0480 if such a breakthrough takes place. Upon a rollback, if before that the coin is rolled back to 0.0200, upon a return to test the resistance 0.0480, you can cover the third part of the position in case of a false breakthrough of 0.0480 or a rollback from this resistance.
AUNIT/BTC
This pair is less interesting than the previous one, however, one resistance on the chart has been already formed: 0.00001128. The situation is similar to the above-described situation since at the moment the coin is not expensive, it is interesting for investing. The first goal for growth will be 0.00001128. If we break through this value, we'll move to 0.00001200 - which is no resistance so far, but it may form around 1200 in the future in case of a rollback from this point. The difference between these pairs is a sharp rise in Aunit versus Bitcoin on October 8, 2018. Someone exchanged the most expensive coin for Aunit.
Another option to buy a coin against Bitcoin is to work with rollbacks with one of the Buy goals set for 0.00000200-0.00000220. At the moment there is no bottom, but there is a chance it would be formed at 0.00000700, therefore, working with rollbacks, you can make part of the purchase partly around 700, party around 220 and place an order between them around 450 (0.00000450).