ForecastCity
Long

There is a trading opportunity to buy in AIONETH

BINANCE:AIONETH   Aion / Ethereum
Technical analysis:
. AION/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.001050 to 0.000940). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.001050)
Ending of entry zone (0.000940)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.001240
TP2= @ 0.001410
TP3= @ 0.001590
TP4= @ 0.001815
TP5= @ 0.002240
TP6= @ 0.003170
TP7= @ 0.003930
TP8= @ 0.004690
TP9= @ 0.007140
TP10= Free
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It's a good TA and a precious trading opportunity to buy in AIONETH.
+1 Reply
@fxniki, You're welcome. May I ask about your point of view for this pair?
+1 Reply
fxniki ForecastCity
@ForecastCity, I totally agree with your general expectations, such as the direction and targets that have been set. Just a few details I might say can be different in my trading. for instance about the entry point.
Reply
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