Looking AION clear signal Bullish Trend crose 50 Moving Average, i am looking 0.0004800 then 0.0005500. if break 0.0005500 then hold 0.0007000.
also corse Febo
TA: AION sitting on strong support with a bullish divergence taking place on the RSI's.
FA: Project said to launch TestNet this month.
Always use stop-loss.
Nice tight 4 hour bollingers on a downtrend thats resting on a fib level. Also see bullish divergence on the MACD and RSI. Will look for break of downtrend for entry
AION is at bottom of the channel and in a reversal area! We have some positive signs of reversal and can open positions with a good risk-reward ratio being that we are close to the bottom of the channel! 31th of Jan they will launch their testnet!
AION describes itself as "The Third Generation Blockchain Network". A multi-tier blockchain system designed to address unsolved questions of scalability, privacy, and interoperability in blockchain networks.
It’s just one of those tickers you have to track in portfolio and increase positions when the chart gives you opportunity. I'm looking at AION/BTC pair on 1H...
I've noticed a couple coins that got hit with the recent Korean FUD and knocked out of their cycle are today having HUGE corrections to get back on track. AION looks to be ready to do the same. After getting knocked out of VERY linear trendlines AION appears to be going flat with big wicks, indicating a spring effect that should bring us back up to market...
There's not a long history of data to work from here but Aion has been trending nicely and after it's last impulsive wave up to 7888 sats, it held a retracement back to the longer term trendline, just slightly short of the 78.6% fib. It also found support on the 6hr Ichimoku cloud. Stochastic RSI is turning upwards on the 6 hour. I think we can easily see another...
As shown in chart AIONBTC rise in a wonderful performance
The best thing in this chart there is no pump and dump yet :)
Rsi indicator says we are in over bought so we expect a decline to meet our row, .......
Then break it or rebound we will see!!!
I have used 2H time-frame for short-term trading. AION made it's ATH and had a decent correction recently. It found support on 43500 stoshi. At the moment, it's on 53800 stoshi and it's trying to breakout.
Trading:
Buy Limit: 48500-52500 Stoshi (If you want to get in now)
Sell Target 1: 66,270 Stoshi (Short-Term)
Sell Target 2: 86,120 Stoshi...
