This is not the prettiest formation, but I am getting the sense that Aion is close to popping from this band shortly. Looking at a minimum target at the top of the arrow
Trade active
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I am a buyer here.
Trade closed: stop reached
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stopped on the break of bottom dashed line converted back into eth at .00532
Trade active
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Got back in today at .004483. Risk reward improves substantially down here. A far more attractive trade now.
Comment
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AION has been by far the most disappointing crypto from a price perspective that I've owned. It has literally been a cash drainer because I'm using ETH on it that I could use elsewhere. We are at what I call last resort support. I am a strong believer in what AION is doing but I have no patience for weakness in price action. A closing break below purple zone will lead me to take a loss (I am up overall in AION but I am viewing this as a new trade). I would not recommend buying it here as I see other opportunities elsewhere. But if you are a holder than it is still a hold, albeit a frustrating one.
Comment
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Printed key reversal possibility on small time frame. Stop is under the low
HI Lanmar,
Great to find someone trading AION that i can watch! Am a noob, and this is my first alt coin. I bought on April 24... Thanks and Keep us posted...
Jess
Great to find someone trading AION that i can watch! Am a noob, and this is my first alt coin. I bought on April 24... Thanks and Keep us posted...
Jess