Ionomy, Will It Double In Value?

2017년 11월 27일

Ionomy price action does suggest that it should rise and it could be a substantial growth. First is the triangle pattern breakout that happened on the 28th of October, after which price went back to test the support at $1 area. The $1 psychological support was rejected and also the uptrend trendline was rejected, while ION/USD started to rise once again producing higher highs and higher lows.

While moving up, price broke above the 200 Moving Average where it found the support after breaking above. Today ION/USD made a new high as well as broke above the descending channel signaling on the uptrend continuation.

The nearest resistance appears to be at 61.8% Fibonacci retracement level located at $2, while the more important resistance and the potential upside target is at $3. This is not only a physiological round number but also the all-time high of the Ionomy. If the price would reach $3, it would double the current price $1.5. Only break and daily close below the $1 support could invalidate this outlook.

2017년 11월 27일

노트

First target reached

2017년 11월 29일

노트

Looking strong, trend is likely to continue

2017년 12월 5일

노트

It has started

2017년 12월 6일

노트

Ion reached first resistance, and rejected it, trend should continue if breaks above

2017년 12월 6일

노트

It actually could and should go much higher potentially x10 times

2017년 12월 12일

거래청산: 타겟 닿음

First resistance still holding, so could go lower

2017년 12월 12일

노트

Final target reached

2017년 12월 21일

거래청산: 타겟 닿음

ION broke above the resistance, will have to go higher

2017년 12월 21일

액티브 트레이드

2017년 12월 25일

거래청산: 타겟 닿음

Closed at the final target