Another great project with huge potential. Technical Analisis is looking pretty good, as we may have ended correction (wave "C", with smaller 5 waves), and are up to bigger wave 1.
New alts often (as not always) are having big corrections and 94.10% for AION would be enough. I would like to remind that in previous year, alts were often retracing to that level. Then they all went up as bull market started. In my opinion we are not close to a bull market just yet, but we still can make some money in a bearish one.
AION and has 2 levels that need to be watched:
- first strong support (at which we are currently)
- Fibo cluster and 115% lvl if previous one will be broken.
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
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