BITTREX:IONUSD   Ion / US Dollar (calculated by TradingView)
Following the previous idea on Ionomy, it has reached the upside target at $3 and broke above it, reaching the $5 high. Then price corrected sharply down to the previous resistance at $2, which now is acting as a support. At the same time, ION/USD is testing the uptrend trendline and the 200 Moving Average.

This is indeed a very strong support for Ionomy which could result in rejection and the continuation of the uptrend. If support will be rejected, the next wave up could reach the previous high at $5. Breaking above that resistance would accelerate Ionomy growth and send the price up to $12 resistance, confirmed by two Fibonacci retracement levels.
Comment: First target reached
Trade closed: target reached
Trade active: Should continue towards next target
Comment: Ionomy should be ready to move towards the second upside target.
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Safe for entry now, do you think?
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HiTech donyewuc
@donyewuc, yes, seems will go to the second target
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donyewuc HiTech
@HiTech, I hesitated. If it makes it back down to the 45000 sats level I'll get in. Thanks.
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HiTech donyewuc
@donyewuc, btc resistance was rejected, so could correct lower, so out for now
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donyewuc HiTech
@HiTech, Yikes. It's going crazy again.
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you nailed it!
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