Aion (AIONBTC) found support after a very long correction that lasted over 210 days.
How to tell that support has been found?
There are many tools we can use but we like to keep it simple... Simple is best.
The first signal we look at is the trading volume.
1) Today we have really good volume for AIONBTC with a very strong bullish candle.
2) Prices are now...
💎Technical Analysis Summary💎
-AION broke the key support area at 900 sat
-This is not good in the midterm for the Bulls
-Since this level of support is breached
-The yearly swing Low is likely to be tested at 600 sat range
-AION may continue to drop by another -17%
-I recommend to watch and look for Bullish rejections
-And any potential...
Kindly like the ideas if it is helping you and leave a comment
It has been in the channel for a long time
And the market can go up and down in the same channel, and if it can break the resistance line, it will grow well.
The price is in a good support line and will probably be lower than it is now. If the price goes down, lines 750 and 650 are supported and...
AION has been consolidating below 1400 sat resistance for months after a huge influx of volume came in this spring. Marking what is very likely to be the bottom on this one.
There is a major catalyst coming up that will reduce the inflation of AION token to about 1/8th of current inflation rate. Already being called the "Eighthening" by community members. This...
-This coin tested the 200D MA dynamic support area
-We can see a strong bounce up reaction today
-Also, 1090 sat region is a confluence of previous support and resistance
-If you are an aggressive buyer, you could already start scale in at a market price
-You will have to gain big rewards but higher risk without extra confirmation
-While conservative or...
Take a look. AION failed to broke a resistance level and the price dips on what it seems to be a sideways zone
The price will only look bullish to me if we break and accumulate above that resistance level.
AION has made a double bottom on the daily, if we look for its all time high tis is a 5000% + profit.
AION hasn't made a big move yet like the other coins, so there is gonne be a big move comming in the future, this is a long investment trade.
Have a good day.