Long

AION | Buy Set-Up

Updated
I like the daily chart of AION.. 76 days of accumulation so far, increasing volume with spikes and currently sitting on a strong support (daily order block). AION crashed almost 98% from his all-time high.. so if BTC doesn't make new lows I would say AION hit the bottom. I accumulated AION between 612 & 650 satoshi and set a tight stop loss at 598 satoshi in case Bitcoin decides to break the 6k support and make new yearly lows. As long as Bitcoin is over $6150 - $6180 I'm bullish on altcoins.

If AION breaks out from 695 satoshi, the next logical target would be 787 and 1050 satoshi.

Keep in mind that with the uncertainty of Bitcoin we can still go lower. With that said.. I would be still careful and not risking too much or going full degen.
Note
All my buy orders from 640 down to 620 satoshi hit. Average entry below 635 satoshi. My bags are ready.. when moon, Sirs? Stop loss remains the same for now.. watching closely.
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