AION/BTC setup for a 100% move

25 Tem 2019

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.

26 Tem 2019

İşlem aktif

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.

29 Tem 2019

Not

This is playing out beautifully.

It's up 30% since our buy area.

When this breaks and closes above 130, fasten your seatbelts. :)