AIONBTC: Longterm

Just like other coins in the market, AION has reduced 90% in its value after reaching the top on 22/4.

AION is making a falling wedge at frame 1D with a 4-month time dropping price.

Let’s focus on the 17th of August, the price have broken the bearish trend with a huge volume. On the other hand, RSI is following the bullish trend , we believe that the market is gaining bullish momentum based on this signal.

Aion is having a resistance zone at 0.000083 - 0.000085. Once the price have broken out of this zone, there will be a bullish period in the future.

We recommend :

Buy-in when the price have broken out of 0.000085
Expect the target at 0.0001160
Remember to place stoploss

This period can take place in 20 days.