Just like other coins in the market, AION has reduced 90% in its value after reaching the top on 22/4.
AION is making a falling wedge at frame 1D with a 4-month time dropping price.
Let’s focus on the 17th of August, the price have broken the bearish trend with a huge volume. On the other hand, RSI is following the bullish trend , we believe that the market is gaining bullish momentum based on this signal.
Aion is having a resistance zone at 0.000083 - 0.000085. Once the price have broken out of this zone, there will be a bullish period in the future.
We recommend :
Buy-in when the price have broken out of 0.000085 Expect the target at 0.0001160 Remember to place stoploss
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