AION is set for a big move. Look at the volume on AIONBTC pair. ready to go..
Currently $btc holding on strong support zone at $8400, a healthy much needed retrace. Hope, it will hold and continue marching higher, otherwise another leg down to $7800.
Expecting $btc to bounce from here, both 4-hour 140 EMA and trendline resistance holding here,.. otherwise another leg down to $8700.
This pattern may play out as well with #BTCUSD chart. Price target is 16K in June.
Be smart with short-term alts trades. If BTC breaks and closes above around $8600, we may see sell-offs.
We have broke the bullish pennant but could not break above the rising wedge in play.... since the RSI is also forming bearish divergence, we need to be cautious..
Broke out exactly into the secondary lower trendline. Can we close higher than upper trendline? Mode change: Bullish.
Looking forward to break 300 sats level. I think its time to fun.
Hope it will clearly breaks the downtrend line and also breaks the red horizontal resistance line in coming days. Happy Pay Days ahead!!!
If upper ascending red trendline broken, it will go down until it meets lower ascending red trendline which I think may be around Nov 10 when 78% fib retrace also completes. PS: Just my opinion not advise.