AION is Most Likely on the WXYXZ Pathway

in #aion3 years ago

SUMMARY

The below chart shows AION to have two probable pathways: WXY (blue) or WXYZ (red). For the blue pathway, AION needs to start impulsing to higher highs overnight. Since it will likely lag Bitcoin in any signficant trend reversal; the red wxyxz pathway seems most likely as it would allow price and time extensions.

The first thing that should stand out is how lateral the price is moving....it's nearly horizontal! This is the perfect setting for the complex correction types. The subwaves confirm for all and the blue z wave is awaiting the c wave of its abc subwaves to be placed. This is likely to position an incremental lower low, so it should not be surprising.

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 should 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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I flagged this post because the rewards are way to HIGH!

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thanks for this info.
let's keep hoping

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
AIONAion2.934$5.82%28.9%
BTCBitcoin8682.620$-1.81%10.99%
EOSEOS6.673$-4.16%46.51%
QAUQuantum0.137$-0.97%0.49%
WAVESWaves4.769$1.34%5.56%

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im a buyer @ $1.00

I was a buyer at $4.3:(

need to hold on the bear market is almost over ...i'm been accumulating since feb getting it really cheap. Current HODL are BTS, ADA, LINDA, TRX, XVG, DNT, QLC, XP, ECA, IOST, CV, ARN, AERM, EOS. I want to get STEEM, ICX, AION, WAN at cheap price..patiently waiting

You will definitely get you chance. The latest technical analysis I've seen are suggesting a likely BTC bottom around $4700. I'm holding off any more purchases until I see something closure to $5,000, because the rest of the cryptos will be absolutely on fire sale. This will be the best and last opportunity to get on board before the big money comes into the market. In May there is a big conference for institutional investors and after this money will flow. Lots of it.

Seems like AION is going to level off. Looks like the downtrend is ending. We can only hope. Thanks for the share.

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look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income.
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Hence the reason to maintain 15% of portfolio as cash to deploy.

Time to get out of AION.

Great charting!

Thanks @haejin

-The Beached Whale

Hence the reason to maintain 15% of portfolio as cash to deploy.