Long
AION/BTC setup for a 100% move
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.