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PolarHusk
Sep 22, 2020 2:47 PM

AION/BTC (Test the Yearly Swing Support?) 

Description

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💎Technical Analysis Summary💎


BINANCE: AIONBTC


-AION broke the key support area at 900 sat
-This is not good in the midterm for the Bulls
-Since this level of support is breached
-The yearly swing Low is likely to be tested at 600 sat range
-AION may continue to drop by another -17%
-I recommend to watch and look for Bullish rejections
-And any potential reversal signals before taking a Buy position
-Your stop loss should be placed below 600 sat
-Because you don't want to hold a bag if there is no longer support





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Comments
CobraVanguard
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great
my Analysis
DragonCaptain
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Great analysis as always. Thumbs up!
PolarHusk
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@DragonCaptain, thank you!
crypt0analyst_
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gotta look into it as well!
PolarHusk
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@crypt0analyst_, thanks :)
Stargazer_fx
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simple and effective
PolarHusk
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@Stargazer_fx, thanks again!
iCRYPTOz
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bro i brought 2050$ worth aion at 0.1165 . I cant do anything now i rekt
PolarHusk
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@iCRYPTOz, you are down -30%? No stop loss?
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