AIONBTC
AION-AION/BTC-SETUPThe Aion multi-tier blockchain network is like a computer network, providing a protocol and standard for dissimilar systems to communicate. There is an upcoming MainNet launch of this project by the end of May'2019 and could be one of the cryptocurrencies with upside potential.
It might affect AION price analysis so let's analyze daily Timeframe chart of the pair to know levels to buy for upside potential.
AION/BTC pair hit a new low against satoshi price level on 24th February'2019 but moved 50+% recently. But, it has the more upside potential with the upcoming catalyst (MainNet).
Interested buyers can look for price around 0.0000340-0.0000350 Satoshi(first green bar) and around 0.0000312-0.0000321 satoshi(second green bar) using laddering technique.
Also, if the second support level around 0.0000312-0.0000321 satoshi(second green bar) is broken down then buyers should the asset with precautions as it would be early signs of bearish (sell signal)momentum.
Sellers can look for two potential resistance zone 0.0000413-0.0000425 satoshi and 0.0000476-0.0000488 satoshi to book profits with long-term target around 0.0000576-0.0000591 satoshi.
Also, it has been trading above the 200D-SMAs and testing the Ichimoku cloud, which is slightly bullish but STOCH-RSI indicator showing minor correction downside ahead.
Caution: If the last line of support 0.0000262-0.0000271 satoshi level is broken down then one should not hold the coin as it would be strongly bearish(sell signal) for the asset.
AION is upon us...We are looking at BINANCE:AIONBTC here on the 6HR. First, the break of the diagonal resistance marked in blue diagnal. We can see next breakthrough of previous support/resistance marked in yellow dashed lines and then nice bounce after retest of that zone...looks ready for much more.
My targets marked in green.
Breaking from falling wedge,$AION Breaking from falling wedge, volume spiked today.
Trying to cross over EMA50 for the first time since April18. RSI rising and showing a regular divergence.
MACD looking good .
If EMA50 is held, we can aim as next targets for EMA100(around 400sats). #AION
AION/BTC Long1-Technical analysis:
#Classic Analysis: Reduce the slope of down trend
price is in historical supportive zone
2-Position details:
*Entry: After down trend line & green zone’s breakout , get a good trigger in lower time frame
*Stop loss=0.000026-0.000027
*Take profit 1=0.000056-0.000058
*Take profit 2=0.000072-0.000073
*Profit/Loss ratio= 1.5 minimum (based on TP1)
AIONBTC (request analysis)AION break previous bearish pattern, but failed to break up bullish confirmation level at 355.
This coin still in bullish wave right now.
We can follow bullish wave by wait at support level to buy at 321 and aim for 26% bullish projection at 405
Good luck
Happy trading.
note : If you agree with this analysis, let me know by click "Like"
AION is undervalued*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
I just loaded up on this one.
it's down 90% from ATH and the chart have just flashed a buy signal, conservatively speaking it would go 3x and potentially could go 5x.
although 30% wide stop range is scary but considering it's a small cap and you shouldn't be risking most of your money on it anyway, it's pretty reasonable as the potential gain range is much bigger.
I've mapped out all levels on the chart hence the chart is self-explanatory.
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
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
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Comment your thoughts below.
And most importantly, enjoy your day!
Axsonex Team
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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.
$AION Bullish Divergence and possible bottom...Looking at BINANCE:AIONBTC here on the Daily but also on the Weekly, we have a clear bullish divergence seen in the RSI. Expecting a bounce and possible bottom based on analysis and market conditions, but will be using very tight stops just below 2800 SATS if invalidated. Multiple over head resistance points shown on chart in yellow horizontal and sky blue, but as the saying goes...
"No Risk, No Reward"
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)
AION Binance. Ready for breakoutas you can see AION is under down trend.
BTC is stable now. It should start moving up.
Buy and wait for breakout
Stop Loss:- If 1d candle close below 3000.
Aion BTC is looking good for 40% up rise. What do you think?Is it just me or aion-btc trade is looking really sweet here?
Good risk reward...
I think I am going for it ;-)
FYI: EDU only!
Daily Bullish Signal $AION #AION (10 Feb 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market