AION/BTC setup for a 100% move
Updated
AION/BTC has an interesting setup forming here.
This one is not tradeable yet.
In order for me to enter, I want to see the resistance at 104-105 broken, and ideally retested as support from above.
Once it gets reclaimed, that is where I'd enter (green circle on the chart).
Great potential for a pump.
This one is not tradeable yet.
In order for me to enter, I want to see the resistance at 104-105 broken, and ideally retested as support from above.
Once it gets reclaimed, that is where I'd enter (green circle on the chart).
Great potential for a pump.
Trade active
AION gave us what we wanted to see.Broke out above 104 and now seems to be reclaiming the 105-104 resistance into support.
This is now buyable.
Buy area in 106-100.
Wouldn't exclude the possibility of some wicks to 98-96 as well, so that can be used for some "optimistic" entries too.
Stop loss below 83, but I'd most likely cut this in case of a daily candle close below 96.
Note
This is playing out beautifully.It's up 30% since our buy area.
When this breaks and closes above 130, fasten your seatbelts. :)
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