Long
AION on a good route
AION broke out of the smaller downtrend line and then trying the bigger trendline, bounced back from an old resistance 4100s to Fib 786.
Now stuck in a triangle, trying to break both trendline and resistance.
It will try 618 Fib around 4600s
Now stuck in a triangle, trying to break both trendline and resistance.
It will try 618 Fib around 4600s
Note
Dead cat bounce! Back in the down trend.Check if it tests the new updward channel
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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.