tbh AION i think is done accumulating.
looks perfect and now things are in the markup stage.
From where we are right now its a full 2400% to ATH. not saying that it will hit it, but thats crazy discount from ATH. with the rest of crypto loooking rpimed and ready to explode, only a matter of time before these little gems start to blow up as well.
however, i also count 5 waves in this impulse wave up, and this could be the first waave just completing aand now we await the correction (usually 3 waves), i've outlined a weekly OB that can serve as a perfect bounce point and would serve as a very good retest of previous resistance - this said, a handle has already formed in this area and may have tapped into some of the liquiditiy there so this zone may already be testsed, but the wave count also says we're done, as is the volume (steadily decreasing as price increases - bearish) and the fact that we smacked into a weekly OB and have wicked away from it may mean we have another opportunity to get back in.
anyways, i'm eyeing:
(1) 0.31-0.36
(2) 0.25-0.30
as 2 areas where I think things will look good to jump on.
but then again, wth do i know. don't trust a thing im saying, i'm full of crap.
looks perfect and now things are in the markup stage.
From where we are right now its a full 2400% to ATH. not saying that it will hit it, but thats crazy discount from ATH. with the rest of crypto loooking rpimed and ready to explode, only a matter of time before these little gems start to blow up as well.
however, i also count 5 waves in this impulse wave up, and this could be the first waave just completing aand now we await the correction (usually 3 waves), i've outlined a weekly OB that can serve as a perfect bounce point and would serve as a very good retest of previous resistance - this said, a handle has already formed in this area and may have tapped into some of the liquiditiy there so this zone may already be testsed, but the wave count also says we're done, as is the volume (steadily decreasing as price increases - bearish) and the fact that we smacked into a weekly OB and have wicked away from it may mean we have another opportunity to get back in.
anyways, i'm eyeing:
(1) 0.31-0.36
(2) 0.25-0.30
as 2 areas where I think things will look good to jump on.
but then again, wth do i know. don't trust a thing im saying, i'm full of crap.