Adding to position here. Analysis based on Wyckoff Accumulation Schematic #1 (Google for ref). Although we have not reclaimed and established ST in phase B as support level I like my risk definition at these levels and will happily cut the position if we see new lows, follow by complete reassessment.
AION broke out of falling widget and forming HL and HH
No Supply candle formed at Golden Pocket (btw 0.618 and 0.65 fib)
SBS Indicator signaled BUY
Buy range, Targets and SL are on the chart
Lets see how this setup plays out
Watch out for BTC volatility.
BINANCE:AIONBTC on the weekly found a new ATL last week and has surged back with Volume this week, creating the possible bullish engulfing pattern on the weekly (still yet to close and confirm). At immediate resistance now, with EMA 10 and 20 still to get through. 6 month long Bullish Divergence, when it's ready it should fly through resistance easy IMO.