Long
AION Breaking Downtrend
$BINANCE:AIONUSD
AION has broken its downtrend from August of last year just a month and a halve ago, has been basing sideways for about 4 months now, and now it is spiking higher with big volume. Just 5 days ago it had a big spike with volume, the MACD has a big positive divergence and it just cross the cero line.
It all just seems good, and I’m looking for something that will make a move now, not months into the future, and this seems to be it.
The first target will be the $0.40 to $0.45 level, about 3 times its current value of $0.145. Long term it had made an all-time high of $12.40, about 85 times its current price.
Disclosure, I’m in it.
Good luck in your decisions
AION has broken its downtrend from August of last year just a month and a halve ago, has been basing sideways for about 4 months now, and now it is spiking higher with big volume. Just 5 days ago it had a big spike with volume, the MACD has a big positive divergence and it just cross the cero line.
It all just seems good, and I’m looking for something that will make a move now, not months into the future, and this seems to be it.
The first target will be the $0.40 to $0.45 level, about 3 times its current value of $0.145. Long term it had made an all-time high of $12.40, about 85 times its current price.
Disclosure, I’m in it.
Good luck in your decisions
Note
We broke the $0.19 USD level, an area that were previously resistance but now acts as support. If we hold on above it, which is what it looks like, the next level of resistance is the $0.40 USD, an area that could be reach next week.
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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.