$AION USD - Jaw dropping 3rd wave 250% gain at 1:18 risk/rewardWell guys,
Here we have no other than the silent but deadly AION. It has been quiet for a while and based on our fib time, we might be ready to rumble here VERY soon
Currently AION looks terrible, making lower lows and lower highs. Without Fibonacci, we’d have no clue where AION is at, but thanks to modern marvel and Fibonacci, we see that we’re currently at the .786 retracement for this second wave. A typical 1-2 setup for the third at around 2.618 expansion.
So even though we’re trading below the 10D EMA and 100D MA, I’d say we have a trade here. Chance takers might want to put in a buy order some where close to the .786 retracement at $2.35 or so, but since this leg is super long, we can wait for confirmation above the 100D MA prior to putting in our trade:
Entry above 100D MA or $3.00
Stop below $2.60
Target: $10.50 - start taking profit above $7.5
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*
AIONUSD
No.53)- Aion (50 to 100 Challenge)Like most altcoins will be in this challenge, this is in buy territory
AION/BTC Good Entry Point!Another trade opportunity for altcoins - AION/BTC
Massive "Railroad Tracks" candlestick formation, definitely wait for candle close if You want to open Your trade!
Fib is currently at a very good level, nice bounce from there!
Very good trendline setup, nice big and smooth waves on the trendline!
So there is nice technical price action and AION is strong coin fundamentally also!
Why not and take Your "Shot"
Good luck!
AION Losing To The USDAION has formed a double topp near $4 area and wend down breaking above the 200 Moving Average. Although currently it is facing the support, that is the level where previously 4/1 Gann Fan trendline has been rejected.
In order for the correction down to continue, close below $3.2 is required. In this case AION/USD should decline further, down to 88.6% Fibonacci retracement level, that is $2 area.
On the upside, if the $3.2 support will be rejected, followed by the $4.2 resistance breakout, the uptrend is likely to continue.
#AION / #BTC : Mid Term UptrendHorizontal support provided by top of cup and handle pattern as aggressive buy zone.
Mid term uptrend support as regular buy zone.
AIONAIONBTC Looking for uptrend channel. First need break out resistance line of the triangle. Targets -fibonacci levels.
AION/USD 1D becomming BullishOn the AION/USD 1D chart MA's are about to cross bullish.
The AION/BTC 1D chart MA's are allready bullish.
With the mainnet comming up soon things are looking very good for AION.
