AION Seems to have Completed the Complex Correction Waves

in #aion7 years ago (edited)

SUMMARY

AION, PBC's latest darling, has put in the necessary waves to count the complex wxyxz (blue) correction and green shoots of a rising price can already be seen. Each of the complex wave's three wave abc subwaves can be identified by the red abc markings. IF this count is correct, then there is a good potential that a bounce or a trend reversal could be soon.

The MACD is channeling between two parallel lines (blue). Price should rise towards the upper white trend line while the MACD rises towards its blue trend line. Since price is too far away from the apex, the rise and then the projected declien in both MACD and price is displayed as the white and blue arrow lines. Once a breakout occurs, an impulse set of five wave motive is expected. Timing is quite similar to the other Altcoin breakouts....late April or so.

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Such a informative post.... Thanks to you for sharing @haejin
Post resteemed

Hopefully your guess is right,,, And all those decisions are on each of us,,, I think this is a good picture,,,,,

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You have a minor misspelling in the following sentence:

AION has put in the necesary waves to count the complex wxyxz (blue) correction and green shoots of a rising price can already be seen.
It should be necessary instead of necesary.

Haejin spells so much shit wrong!!!

Thought you died Haejin no post in 5 hours today. Was about to call the FBI tell them you are missing!!!

I look forward to your posts
Very funny

It will also depend on the demand of coin.

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
AIONAion2.230$6.82%17.53%
EOSEOS5.972$1.05%6.97%
QAUQuantum0.098$3.04%2.95%
WAVESWaves3.649$2.58%5.16%