It looks like a break out occured in AION for short term interval.
Above the 5400 support possible targets are 5870-6245-6620
If it does not return below the red support zone, it will try to make upward moves.
I see the slight sell off due to the short spike in BTC price. AION has news coming out about a Global Telcom company partnership in the coming week or so. This will cause a sharp increase in Price. If it is really a big company then the first retracement may become void. Look for a level of 6800. AION is one of the most promising coins/tokens of late 2017...
AION looking to consolidate before moving higher. Lots of opportunity to be had in the consolidation pattern. Inside bar formed last hour. The fib support is a sign of how volatile this name is.
Something I noticed during today's Bitcoin breakout was that this coin went up WITH bitcoin. However, after the major rocket-ship to 71780 sats, we see it returning to...
You could jump into AION right now or wait a little bit and hope it reaches the green zone. Forming a big symmetrical triangle with clear support and resistance levels. Both indicators are looking good as well.
Set a stop loss between 5-10% from you bought in.
