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Aion

AION/BTC long term potentialHit and miss with some lower cap alts but some still have promising futures and i like to keep an "eye on" them. AION current in a large descending wedge and looking for potential break outs to kick off a new mid/long term trend. Cant see price getting past that area in a hurry it is imo a quality supply zone so that would be my target if this guy signals a buy for an uptrend. Failing the break up i wouldnt be entering any long term position trades, but aion may still deliver some swing opportunities on the 1-4hr time frames. Will break it down at a later date.
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by Unity-Trading-Group
Aion (AION) | 80%+ Potential Profits | FREE TRADING SIGNALPair: AION/BTC Exchange: Binance Trade Duration: Short Risk: Moderate Introduction Aion is a third-generation blockchain network that will enable any private or public sector organisation to: • Federate: Send data and value between any Aion compliant blockchain and Ethereum. • Scale: Provide fast transaction processing and increased data capacity to all Aion blockchains. • Spoke: Allow the creation of customised public or private blockchains that maintain interoperability with other blockchains, but allow publishers to choose governance, consensus mechanisms, issuance, and participation. Technical Analysis - Found support on trendline (channel) - Bullish RSI divergence - Watching for the reclamation of the first target level (0.236 Fib) and re-test before other targets are met, otherwise it could well head to lower lows - Daily bullish engulfing candle; trend reversal very likely - We expect our targets to be met within 1-3 weeks Our Entry Zone 0.0000270 - 0.0000300 Our Targets 1: 0.0000318 2: 0.0000404 3: 0.0000438 4: 0.0000487+ Our Stop Loss: 0.0000255 Don't forget to hit that like button and give us a follow , we really appreciate it! Comment your thoughts below. And most importantly, enjoy your day! Axsonex Team ------------------------------------------ DISCLAIMER: This analysis is not financial advice and the Axsonex are not financial advisors. We are sharing our opinion, nothing more. Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
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by Axsonex
AION-BTC Long Trade PlanCommodity : AION Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-2 weeks Investment in trade : 5% of the total Trading Balance. Prospective Profit : 7.96% to 32.80% Prospective Loss : 4.78% RRR : SL to TP1 is 1.67, SL to TP2 is 3, SL to TP3 is 5 and SL to TP4 is 6.87 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
ALong
by CryptoTherapist