AION - Forming nice bullish flag?

AION is one of the undervalued project out there. But that is a good thing about it. The team was busy with working on the product before starting any hype around it and pushing for marketing. As soon as they started their test of the main net in March, they started a big tour from Africa to Asia to bring awareness about this project. Now back to TA. After long accumulation, AION broke out with the good help of Palm Beach signals. You can see this very long wick caused by the signal pump. Nevertheless, Aion stayed on the new levels for re-accumulation and now forming a bull flag . This char is AIon/Eth pair but you can see it also with BTC pair. Now as soon as AION breaks out of this flag there are few resistances to pass and i marked them with the blue box. The whole level of 0.006310 till 0.007140 is the level to be cautious as its the end of the wick and there are some people bought the top and will likely be happy to dump it as soon as price reaches this level. So watch out for those levels that can be our targets for selling it and rebuy after a little retracement. Stay safe and happy trading,
Comment: depends on the market state of course but also re accumulation phase here. Trade can take time to develop but its going there.
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