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IONBTC

Ionomy VS Bitcoin x15 Growth PotentialIonomy has been ranging between 9k and 57k satoshis for almost a year. But on the 22nd of February ION/BTC closed above the resistance, suggesting the uptrend could be emerging. Throughout the consolidation period, price broke above the descending channels for two times and Fibonacci applied to the corrective wave after the breakout shows that the potential upside target is 420k satoshis, that is almost x15 from the current price. The reason behind such an enormous growth potential could be the extremely low price ($3.23) in relation to the total coin supply that stands at 26,083,122 ION.
ILong
by CryptoPAMM
ION/BTC - revised chart - pre-weekend long positionI decided to revise my earlier chart as it was done in a hurry. The coin: ION is a gaming based coin which seems to be gaining momentum recently thanks the new developments (incl. the Moon or Bust game). The dev team seems devoted and professional with solid backgrounds, therefore the coin will likely not be abandoned or delisted soon. The View: The Chart is somewhat self-explanatory and does not use many of the popular TA indicators. All that is shown here is the Trend Lines, and Volume. Since the 21st of Jan there have been several pumps happening around midnight, mostly on the weekends. The first weekend ION tripled in value, then correct to a 40% gain. The second pump was less drastic so the coin only doubled in value and then corrected. This pattern is quite obvious when looking at the chart for both value and volume and will likely continue in similar vain for the coming weeks if the current momentum is kept The Play: Long! Entry point: should be as far into the week or day as possible, and not after midnight or Saturday Target: always set your sell orders because it pumps and dumps fast, so you need to either sit by your screen, set alarms, or orders. Conservative target should be a 50% gain for the weekend pump and less for a midnight pump. If you feel risky and you are very happy with your entry point you could aim to double your position.
ILong
by Lokxius
3
ION Major resistance broken. Lot of PotentialAs you can see ION has just broke out from major downtrend resistance. * Conversion line is crossing Base Line * RSI and CCI are Bullish * Just Entered the ichimoku cloud * Daily candles are also looking very strong and starting to pick up momentum and getting ready for a ride. Our Major Resistance and first target point is 0.00026 Level ATH is 0.00056 so there are a LOT of room for growth. Stop-loss: 0.00015 I will upgrade new target points as trade develops.
I
by vakkob
4
Ionomy VS Bitcoin Support RejectedIonomy started to show some strength against the Bitcoin after breaking above the 200 Moving Average and descending channel. Price went up from 9k satoshi up to 30k but then corrected down. The correctional wave was stopped at 16k satoshi, where it rejected the upper trendline of the descending channel and 4/1 trendline of the Gann Fan. Although price could consolidate for a little longer the beginning of the larger correctional wave up is likely to take place. The first upside target and key resistance is at 61.8% Fibonacci retracement level that is 43k satoshi. If ION/BTC manages to break above, this could mean the beginning of the uptrend. On the downside, only break below the 10k support could invalidate bullish outlook.
ILong
by CryptoPAMM
8