Long
AEON - Corrected down to 88.6% fib retracement level
Currently sitting on support at 61.8% fib level with a good volume spike as it hits this level (marked in the chart).
Safe trade is to wait for the breakout, support as to hold.
Early entry around 28-30k Sat.
Stop loss below green trendline.
- RSI heading downwards , retest of support is likely
- MACD crossed
- Marked closed inside the Bollinger Bands, entering a channel.
- Bullish trend line (green) is crossing
Safe trade is to wait for the breakout, support as to hold.
Early entry around 28-30k Sat.
Stop loss below green trendline.
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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.