. 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.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
. There is a possibility of...
trendline broke down. should i have sold when it first broke? was the next up just a bull trap?
the support then broke - the one i thought was solid - and its heading down. Will it bounce off next support?
Overall it feels bearish short term