Aion (Binance: AIONUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, AION began a wave one advance on December 18, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 26 this year, and the red wave two (blue sub-waves a-b-c) correction ended on March 1. If this wave count is correct, AION should be heading next towards the February 26 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The Aion Network is enabling developers to build production grade Java applications on a blockchain network. You can watch their latest monthly update below.
(Sources: https://theoan.com/)How Will Aion Trade?
Aion (Binance: AIONUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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