Long
AIONBTC Price Action Analysis + Broke Out
Broke out!
Low sell orders = most sellers left market already -> bottomed.
Buy orders filling in dip, can be seen in volume.
100MA + 50MA crossover = bullish
flattening downtrending support = low selling pressure
parabolic decline shows seller pressure decreasing rapidly from top of market cycle.
LONG!
Low sell orders = most sellers left market already -> bottomed.
Buy orders filling in dip, can be seen in volume.
100MA + 50MA crossover = bullish
flattening downtrending support = low selling pressure
parabolic decline shows seller pressure decreasing rapidly from top of market cycle.
LONG!
Note
testing support
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.