AION/BTC: Potential Wave 1 of 3

in #aion6 years ago (edited)

SUMMARY

AION/BTC has now a decisive breakout as shown below. The price had been bound within the symmetrical triangle and bottomed with a bullish wick where price pierced the bottom blue trend line but returned inside quickly. The breach of the upper blue line also occurred with close proximity to the apex, a favorable position.

The closeup shows that the breach was in an impulsive manner as shown by the white 1,2,4,5 labels. The correction is quite interesting as I've labeled it as an expanded flat abc type. Expanded flats often signal bigger and stronger upward lunges could be due. Let's see how the price action takes the rest of weekend.

So, with the first set of impulse and abc; a motive, in place; what's next? I'd like to see a second complete set of impulse as shown by the blue waves. Often, this second results in a higher high and this is the signal I'm looking out for. So far, looking good!

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It shoud not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Why did you pick aioN today? Do you look at all the top 100? Did it hit some kind of trigger?

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Thanks for this update and information. It really expose me. Thanks ks so much

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Thanks as always for the analysis! I think the TA patterns are very supportive for growth, as is the AION project itself.

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Bereh tat postingan kah @haejin

Delegating 54,000 SP to your other account @starjuno is still upvoting yourself just so you know

Just so you know, your downvotes disappear my blogs soon after posting and so you give me every reason to self upvote. I've explained this to you before and will again. Your downvotes also are the reasons why you see my downvotes on your blog.

BTW, I don't have any duplicate accounts like you. I don't use voting bots llike you. Vote bots suck >30% of reward pool per day but you don't seem mind at all.

Not only starjuno, I have much of the KR community supporting me. As soon as they see your downvotes, they jump in to support the blog with upvotes!

I have 24k followers and that's 40% of daily active bloggers. These numbers are accurate, check for yourself. My blogs consistently get 10,000 views within the first hour. Remember, people follow for good reasons and not bad. I've contributed qutie a bit and still am to the steemit community. You just disagree and that's not my concern.

Again, as soon as you leave my blog alone, you can continue your blogs and collect steem undisturbed. Until then, my reactionary downvotes to yours won't allow it.

DON'T REWARD POOL RAPE!!! Until then, my reactionary comments will continue & yours don't mean shit.

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