marshyyy

Next momentum wave for LABS/USDT?

KUCOIN:LABSUSDT   LABS Group / Tether
LABS/USDT
-12H TF

Looking strong here, respecting the uptrend flipping a strong supply zone into a demand zone with strong volume coming in.

Also respecting the RSI uptrend showing potential for bullish momentum to continue.

The Average Sentiment Oscillator (ASO) on the bottom is a Momentum oscillator of averaged bull/bear percentages. When crossing above the 50 line from below it produces a signal. When blue line crosses above = Bulls are in control and we should look to long, when red line crosses up = Bears are in control and we should be looking to short. I have projected a fractal of the previous move and what we could expect to see on the ASO in the coming weeks, be crazy to see it make another similar move, still plenty of upside to this coin having an ATH of $0.12

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