AION/BTC (Test the Yearly Swing Support?)

💎Technical Analysis Summary💎

BINANCE: AIONBTC

-AION broke the key support area at 900 sat
-This is not good in the midterm for the Bulls
-Since this level of support is breached
-The yearly swing Low is likely to be tested at 600 sat range
-AION may continue to drop by another -17%
-I recommend to watch and look for Bullish rejections
-And any potential reversal signals before taking a Buy position
-Your stop loss should be placed below 600 sat
-Because you don't want to hold a bag if there is no longer support

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PolarHusk

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