Right now where we are, until the previous ath is 2000% or a 20 X. The hype train is just beginning, more people will see the upside potential of this coin and jump on it. However if we pay attention to trend analysis and fib extensions we can have a peek at the future and see that $50 dollar is a realistic, liberal target for this coin. That coupled with the 8X reduction in supply could be a recipe for moon town. Disregard the f.u.d and read the charts, the technicals setups show the future. Some obscure fundamentals will pop up to catalyze the technical setup. But if you can read the charts, you are already a head of those reacting of this future news.
Strictly educational or informational and not financial advice, I am not responsible for any losses that may occur.
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After a lovely buy opp we have a made a higher low and it looks like the bulls want aion at .70 cent....
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Bearish scenario
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So it looks very likely we are going to push to make a new lower high, down side targets are .23 cent, .17 and it can go as low as 0.07 cent... no joke. It really depends on what Btc is doing, if btc continues to shit the bed which is what is likely to happen its going to pull the alts down and Aion with it. In the long term I believe it will hit my targets so If we do go as low as I am thinking it would be a good buy opportunity, with that in mind the markets may take a few months to even a year to recover, which would be inline with the expanding cycles theory. All eyes are on btc. My stop loss is at break even @ .30 cent which would be under the weekly low.
Good luck trading
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We will see if the .23 cent holds but it looks unlikely as there is such strong bearish momentum.
I got stopped out at .34 in profit and am looking to re buy much lower.
Bought some bags at 13 cents already in big profit. Let's go to 50$ and let me buy a house
ameee12
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to be honest with you guys, fundamentally speaking, this is a scam. the guy behind the project just got a bachelors degree in accounting from ottawa university how could you associate an accounting degree with blockchain technoloy? I have no idea. he is a manipulator. the coin is dead despite the possibility of gain during this cycle. stay away or be patient.
TrimmerTrading
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@ameee12, No dispute its a shite coin... but so is 98% of cryptos. Does that mean I cant use them as speculative vehicles to get filthy rich? So far its been working very well.
ameee12
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@TrimmerTrading, yes I have mentioned your point. "despite the possibility of gain".
Everyone said Aion is dead coin.. thats right mate, its dead.
TrimmerTrading
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@Amenpac777, Don't loose your head bro, this is a huge buy opportunity, your buying into the fear atm!
Amenpac777
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Yes exactly , technically it is pretty good place to buy while im writing this post, Aion hit 0.16 around. But all of this analysis doesn’t matter I recon It is up to BTC price.