AION is Most Likely on the WXYXZ Pathway
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.
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thanks for this info.
let's keep hoping
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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.