ENTRY - STL - TP on picture
TP of me , and TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
Welcome to this quick setup.
AION looks very promising here, It broke out on 17th jan and rallied over 36%.
Currently it is retesting the breakout. In my opinion this is the best entry point though we will add more if it dips.
ENTRY : 225 to 250
STOP LOSS : Better to add more in dips until we break below 207.
Stop losses are tricky...
On the 2-day time period chart, the price action of the AION with Bitcoin pair is completing the last leg of bullish Shark pattern and soon it will be entered in potential reversal zone.
Possible profit and loss rati
This trade has a huge profit possibility of 71.5%, and the loss possibility is 14.5%.
AION is respecting the uptrend line and bounced right from it. This is a good time to enter for short term quick profit. AION follows ICX always and we saw a good pump in ICX already so it's time for AION to fly.
Buy Zone: $0.77-$0.80
Targets: $0.89 - $0.96 - $1.02
Looking at something a bit more random here- AION is a smallcap ?altcoin that has shown some serious volatility in the past. I believe it is seeking to complete Wave 5 here at some stage. No rush. FibGoals are there. NFA.
💎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...
-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.