There is a trading opportunity to buy in AIONETH

4. Okt. 2018

Technical analysis:
. AION/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.001830 to 0.001250). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.001830)
Ending of entry zone (0.001250)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:

Take Profits:
TP1= @ 0.002500
TP2= @ 0.003170
TP3= @ 0.003820
TP4= @ 0.004360
TP5= @ 0.005320
TP6= @ 0.006285
TP7= @ 0.007650
TP8= @ 0.009395
TP9= @ 0.00
TP10= Free