TheCryptoLabs
Long

AIONBTC Price Action Analysis + Broke Out

BINANCE:AIONBTC   Aion / Bitcoin
Broke out!

Low sell orders = most sellers left market already -> bottomed.

Buy orders filling in dip, can be seen in volume .

100MA + 50MA crossover = bullish

flattening downtrending support = low selling pressure

parabolic decline shows seller pressure decreasing rapidly from top of market cycle.

LONG!
Mar 08
Comment: testing support
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