-Found support at the previous key area around 850 range
-This zone is a confluence of previous support and resistance
-AION is likely to retest the trendline resistance
-And if the resistance will be breakthrough
-The next target is up to 1600 or higher
-It is too early to say this mid-term targets
-But I will wait for the breakout confirmation
AION has been in this channel for a while but LONGTERM AION is going to blow the sox off most ALTS, to many great fundamentals, because of all the new ALTCOINS coming out in 2020 most people have forgotten about the old tried and true coins of the past. AION is the BIGGEST old sleeper coin with the best upside.
The big red diagonal line is the connection between the two big waves Resistance levl.
Right now price is at the bottom due to the multiple respects to the horizontal and other diagonal S/R levels.
What is your opinion about it?
Write it in the comments
AION is sitting at the bottom of the monthly Gaussian Channel
This is a buy signal
Personally I may buy this and hold for awhile just to take profits when the middle of Gaussian channel is reached, hence the "long flip"
$Aion breakout is confirmed today , are we heading to 50%/100%?
First target ahead 1569 sats , if resistance become support at this zone, we'r heading to 2k sats.
SL if it breaks Support 1 @ 1040.
Trade safe, Stay safe.
The chart has formed and squeezes an ascending triangle.
If it breaks down and is fixed above the green zone, the price may go higher to the red zones.
☝️ Stop Loss: Under the red dotted line.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Both of them projects share good FA's along with more than viable TA's.
I'm marking the targets but there is no real reason to sell since the correction will not be lengthen in time, swingtrade risks look to high when uptrend recovery is assured, holding looks like the best option at this moment.
-broke downward resist line
-manages to get above 50ma
-strong multiple bullish candles
-must hold current price levels
-new immediate support at 1000s range
-upside potential is up to 1200s-swing high
-key tight stoploss is below 20ma or 970s