AION/BTC


AION looks to have found support coming off a run earlier this year. The long accumulation period that led up to the February run has settled in a re-accumulation OVER the previous zone. This 'flip' is considered a bullish trend as Price Action has not broken structure to make a new low. Let us note the re-accumulation zone with flat price action while our RSI makes higher lows. This is an 'exaggerated bullish divergence' to set up a nice reversal trend.


To keep up with some recent developments behind AION, See the article below

https://aion.theoan.com/blog/launch-moves/

0 views

©2019 by Elevate Trading Group:
Trading contains substantial risk and is not for everyone, we are not financial advisers and what we share are just our thoughts and opinions. We work to recommend low risk, high reward trades, but you should never risk more than you can lose and we are not responsible for ANY losses or wins incurred. An investor could potentially lose all or more than the initial investment under certain circumstances. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is no guarantee of future results.