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RandomOracle
May 24, 2021 8:48 AM

AOA/BTC Can't Really Go Much Lower Long

KUCOIN:AOABTC1W

Description

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KUCOIN:AOABTC


AOA/BTC is in a macro descending wedge (Not perfect) and looks to be fairly ripe for a bottom buy & pump to stack some sats in the coming weeks.

The Risk:Reward is quite heavily leaning towards reward at this insanely cheap price... Last time it was this low it went insane

Sharing this idea I've been watching so y'all can benefit from this potential hidden gem.

Red dashed lines are res. levels to keep in mind for potential tp's

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USDT pair has a nice bullish setup on the weekly as well

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Weekly closed green on USDT pair! looking good!

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Cleaner look at previous chart:

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Renko showing a double bottom on weekly

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Last impulse wave down likely completed & ready for upwards correction

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Some nice bullish div looking to close on 3-day chart MacD

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On daily chart too!

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Possible bump & run on the USDT pair

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Trend AnalysisChart PatternsWedge
Comments
JennLunarSun
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Only 🚀 😄
RandomOracle
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@JennLunarSun, Can't go much lower hahah
RandomOracle
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@JennLunarSun, The USDT pair looks good also after the recent sideways breakout on AOA/BTC
RandomOracle
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Best of luck!
knukkle-dragger
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Are we past the breakout of your triangle? It should be any day now if not… what do you think?
RandomOracle
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@knukkle-dragger, Looks close to breakout but still yet to make it out of the wedge!
RandomOracle
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@knukkle-dragger, AOA/BTC broke out & waiting for the USDT pair to breakout:

The USDT pair looks good also after the recent sideways breakout on AOA/BTC
Popwwe123
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Got a question, what happens if the market crashes or goes sideways could AURORA still explode up?
RandomOracle
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@Popwwe123, Sideways: yes
BTC downwards movement could delay an AOA move though
RandomOracle
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@Popwwe123, In case you weren't aware:
The USDT pair looks good also after the recent sideways breakout on AOA/BTC
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