Long
AION/BTC slowly starting to recover.. by Svarog
Higher timeframe (daily) looks like it gained support and has been consolidating for a while.
1H Timeframe has us wicking to that support (lower block/breaker) and attacking the higher block for some time now.
IF we break up from that block (lock above), a viable buy strategy would be on a retrace to that same block, while targeting that void (explosive move that left no resistances), and maybe top of the range as well.
Original idea by Svarog https://www.tradingview.com/chart/AIONBTC/KbWgWorm-AION-BTC-slowly-starting-to-recover-from-a-long-downtrend/
1H Timeframe has us wicking to that support (lower block/breaker) and attacking the higher block for some time now.
IF we break up from that block (lock above), a viable buy strategy would be on a retrace to that same block, while targeting that void (explosive move that left no resistances), and maybe top of the range as well.
Original idea by Svarog https://www.tradingview.com/chart/AIONBTC/KbWgWorm-AION-BTC-slowly-starting-to-recover-from-a-long-downtrend/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.