Long
AION - buy the dip, or the breakout.
In my opinion,
If you find AION an interesting investment, then Look at this hourly 200 moving average pullback for a buy entry.
It is also the 0.5 of the entire move higher, and we are consolidating quite nicely around it.
This is the dip you'd want to get in on. AION already bottomed when everything else did and is headed back to test 7461. If we go above that, it's 10202 and higher.
Alternatively, a breakout of the downward trendline should still offer a nice buying opportunity if it is caught on time; somewhere around 6200 - but buying this dip could mean another 5% discount.
Well, i'm already in. Just thought i'd share the opportunity.
If you find AION an interesting investment, then Look at this hourly 200 moving average pullback for a buy entry.
It is also the 0.5 of the entire move higher, and we are consolidating quite nicely around it.
This is the dip you'd want to get in on. AION already bottomed when everything else did and is headed back to test 7461. If we go above that, it's 10202 and higher.
Alternatively, a breakout of the downward trendline should still offer a nice buying opportunity if it is caught on time; somewhere around 6200 - but buying this dip could mean another 5% discount.
Well, i'm already in. Just thought i'd share the opportunity.
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