AION/USDT is ready to pumpHi every one
AION/USDT
AION/USDT has formed a head and shoulder pattern and price has broken the neckline and has done the pullback as well. it is ready more than ever to do a bullish movement as much as the measured price movement (shown in the chart) there is a strong resistance for it which is around it's ATH.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Aionusdt
My Analysis for AIONUSDTMy analysis for my reference only
Not an expert financial advisor
Can close partially according to percentage.
Trade at your own risk.
AION (Aion) Coin Analysis 12/04/2021Fundamentals:
Aion is the token used to secure and access The Open Application Network (OAN). Launched in 2018 in Canada, The OAN is a public network available to everyone. Managed by The Open Foundation, a registered not-for-profit organization, OAN aims to give the public an environment to create Open Apps.
The main purpose of The OAN is to facilitate interoperability between different blockchains, thus allowing users and developers to create a variety of applications. By making the AION token the core of the network, OAN enables users to execute smart contracts, store data, and share it between different networks.
The Open Application Network is a disrupting factor in the world of cryptocurrency, as it aims to bridge the gap between different blockchains. The AION token is essentially designed to allow developers and buyers to transfer from one blockchain to the other easily. Not only that, but AION provides for the execution of data transfers and smart contracts on blockchains like Ethereum and NEO.
The lack of interoperability between blockchains is still one of the factors preventing the technology from entering the mainstream financial world. AION aims to create a platform that will effectively be able to replace the current way banks are running global finance. The OAN has already partnered with numerous big names in the industry like CryptoCurve, Nodesmith and BlockX Labs. Not only that, but AION is a member of the Blockchain Interoperability Alliance.
The OAN blockchain and AION token are secured by a combination of delegated proof-of-stake (DPoS) and proof-of-importance (PoI) consensus methods. One important characteristic of the blockchain is that it relies on a Byzantine Fault Tolerance for additional security.
DPoS is a relatively new consensus mechanism, which relies on stakeholders for the validation of new blocks, and thus, the creation of new tokens. Unlike the proof-of-work (PoW) consensus, which requires a lot of computing and electrical power for the mining process, PoS consensus mechanisms are more scalable and environmentally friendly. By placing importance on the number of coins staked.
The Open Application Network is run by CEO Matthew Spoke and COO Ian Chan. Matthew Spoke is a University of Ottawa graduate and has worked for several blockchain-centric enterprises. He is also the founder of the Blockchain Technology Coalition of Canada. Spoke is also a founding member of Nuco, an enterprise blockchain network solution. In 2020, he started working on Moves, an app designed to stimulate the booming gig economy.
Ian Chan serves as the COO of OAN. He has several degrees from universities including Harvard and the University of Toronto. Specializing in growth mechanisms for the financial industry, Chan has had a wide array of professional experience. In 1998, he became the senior vice-president of the Thomas Cook Group. Later, he moved on to working at Hewlett Packard, and in 2005 he joined Deloitte. Since 2018, he has been focusing on developing The OAN.
There is a total supply of 487,496,874 AION tokens. Currently, all of the total supply has entered the market and is actively being traded. There is no information on whether OAN plans to release more tokens in the future or if the current total supply will also be the maximum supply for AION.
Founders and other team members received about 40% of the total supply of AION tokens. Another 51.5% of AION tokens were directed towards Token Release Schedule Contracts, which will be gradually made available to the public over time. Finally, the remaining 8.5% of tokens were distributed among private investors interested in the seed phase of AION’s launch.
The live Aion price today is $0.477136 USD with a 24-hour trading volume of $29,538,692 USD. Aion is down 7.14% in the last 24 hours. The current CoinMarketCap ranking is #199, with a live market cap of $234,954,584 USD. It has a circulating supply of 492,427,074 AION coins and the max. supply is not available.
The top exchanges for trading in Aion are currently Binance, BiONE, CoinBene, KuCoin, and Bithumb.
Technical Analysis:
as specified the coin has done it initialization and Accumulation Phase and currently is on the Move UP phase.
as of now as we are in the Parallels Legs of Fibonacci Projection, we may have some resistance and distribution followed by some price correction to some lower levels for Reaccumulation and preparation for the higher impulsive cycles.
there are total of 3 Targets defined by Fibonacci Projection. where as currently we are close the 1TP which is the extension level of fib Projection and it acts as confirmation of our 2 TP.
Sentimental analysis:
as we are currently in a Crypto Bull run and Bitcoin Dominance is at the Falling stage so does the Monetary Value of it gets distributed to the Altcoins and (Aion) has some good chance of acquiring some volume for better growth.
it make the Sentiment of the markets to be bullish on it
💥AIONBTC +500%💥 Excellent risk/reward ratio. 💥AIONBTC +500%💥 Excellent risk/reward ratio.
Please check TP and SL on the graph (any doubt, feel free to contact me).
Be patiante and remember to diversify your portfolio.
And never forget... "Buy low, Sell High!!"
See you tomorrow,
Miguel
AION bout to full send it. 2400% to ATH, do you believe loltbh AION i think is done accumulating.
looks perfect and now things are in the markup stage.
From where we are right now its a full 2400% to ATH. not saying that it will hit it, but thats crazy discount from ATH. with the rest of crypto loooking rpimed and ready to explode, only a matter of time before these little gems start to blow up as well.
however, i also count 5 waves in this impulse wave up, and this could be the first waave just completing aand now we await the correction (usually 3 waves), i've outlined a weekly OB that can serve as a perfect bounce point and would serve as a very good retest of previous resistance - this said, a handle has already formed in this area and may have tapped into some of the liquiditiy there so this zone may already be testsed, but the wave count also says we're done, as is the volume (steadily decreasing as price increases - bearish) and the fact that we smacked into a weekly OB and have wicked away from it may mean we have another opportunity to get back in.
anyways, i'm eyeing:
(1) 0.31-0.36
(2) 0.25-0.30
as 2 areas where I think things will look good to jump on.
but then again, wth do i know. don't trust a thing im saying, i'm full of crap.
Aion is testing our resistance!As mentioned yesterday we are facing resistance.
I will go long after an confirmed breakout. Chart looks good for a nice pump
AION ready for moon?Chart looks beautiful and ready for an outbreak.
Wait for the new trend to be formed
AIONUSDTsee and watch :)
It has Pullback on its historical resistance and may be able to experience good growth ... of course, if Bitcoin allows ... :)
AION falling wedge breakout!This beast is on the move again. Falling wedge broken. Will buy pullback to the buy zone 0.26-0.25 if any.
SL @ wedge low
TP @ range projection (range height projected from range high)
RRR 4.6-7.2 (depends on entry within the buy zone)
AionUsdt BuyHello Traders!
Aion achieved the first target after the triangle breakout and it was a 50% gain of the investment.
Now it has given a bullish breakout and it's a good time to enter here again with the target at 0.42
Big bull candles are expected in that pairs.
Hit the like button to support the idea and follow to stay connected
previous analysis
$AIONRSI divergence in a falling wedge. Breakout of this we are heading for a new high around 650sat
AION range breakout 2This is follow up to the failed trade from related idea. Price could oscilate around the trendline for a while and retest the support 0.259-0.254, where I will be re-entering. SL and TP revised.
AION range breakoutAION going ballistic, but now it's just consolidating in a range. I will buy the dip to BUY LIMIT level, which is previous ATH on Binance. It seems to be providing strong support to price, and I think it could be tested again. Target is range height projected from the range top. SL is bottom of the range. RRR 6.7