Ahead of times. AION / BTC analytics

BUY: -
SELL: -
STOP-LOSS:
Support: 0,00005830
Resistance: -

Aion is a blockchain network of the third generation, and the first multi-level blockchain developed for the following purposes:
- connect blockchains and external services (such as oracles and databases) through a continuous network and provide feedback supported through a decentralized network.
- provide the necessary infrastructure for the development of high-performance, decentralized, inter-blockchain applications.
- create a supported network using a reliable and sustainable economic model.
This system is based on the world's first specialized corporate blockchain Aion-1, designed to link other blockchains and manage their own applications. Aion-1 also provides an economic system that promotes interoperability in an ecosystem.

On August 10, the minimum formed at 0.00004440, the asset lost 40% of its value, but returned to its original positions fast. During the following month, the rate experienced strong fluctuations. From the beginning of September, a steady sideways trend has been formed, which continues to this day. Such a long quiet period is dangerous because the price can move in any direction. This is aggravated by the fact that there is a downtrend on large timeframes and no reversal signals are visible.
The entry points to the asset are not defined, to open positions at the moment is very dangerous.
It is worth looking at the zone 0,00005830 - this is a strong support line. If price beat it, the minimum is likely to be updated. Line of resistance is not observed. Daily volatility is in the range of 3-5%. You should monitor the asset in this situation.
Despite large trading volumes, trading is very difficult during the day. Long-term prospects are uncertain due to the technical complexity of the project.