Today’s analysis – AIONUSDT- price action breaking key resistance with candle closes, an influx is highly probable as this is as pivot.
Points to consider,
- Bullish Price Action
- Local S/R Resistance
- 200 MA Support
- Oscillators Divergence
- Volume Below Average
AIONUSDT’s immediate price action is bullish by breaking above the...
💎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...
buy1, buy2 and moon signal means the chart will go up. We are currently at support, so we can buy now and watch for engineering robo sell1,sell2 or hell signal for sell signal. Alternatively, we can sell at resistance (0.1625usdt)
-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
Based on my analysis, you should buy it at the support line(0.0942), and sell it at the resistance line(yellow dashed line(0.13)). every time your profit will be about 35%.
I said you should buy at the support line because EngineeringRobo's signals show go down now.