KUCOIN:AOAUSDT KUCOIN:AOABTC
An altcoin I've mentioned previously on the BTC pairing has starting showing some signs of life & a pre-breakout pattern I've seen it do right before the last rally it had
Possibly an unexpected performer soon, see the BTC pair below for some further TA I've done on this pair
Expecting the USDT pair to make a run if it can...
Established long position before anticipated breakout from the channel. Another lithium stock ASX:GXY already in strong uptrend - red line in chart.
Target 0.50, SL 0.26, RR 2.0
Will add after daily close above 0.37.
It looks as if the bulls are trying to wrestle through the 104-level with a tight corrective structure just underneath it and hinting a pre-breakout formation. Far from a perfect setup, but a setup nonetheless.
If they manage to break through I'd say the area around 104.100-104.150 should be an area of interest where we might see the sellers take over for a day or two.
