During the last bearish move of Bitcoin a few moments ago, AION has moved sharply towards the lower support of the symmetricaltriangle. This trade is based on the possibility that AION breaks out of the triangle and makes a sharp bearish move.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.
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