AI/USDT possibly turning bullishPrice action is in the mist of possibly forming an inverted head and shoulders AS LONG as price does not break the low it printer back in November 10. This would also complete a possible bull flag. (If that makes sense). Notice I'm saying "possibly" as there are no guarantees in trading; only statistics and probabilities However, if you research this coin and find out who is behind it and some of its investors and what port folios it belongs in perhaps you'll be just as bullish as me.
AIUSDT
AI/USDT repeating same fractal as KCS/USDT? Multiverse may be on the verge of a monumental run. As we can see it has broken and maintained above the 21 week EMA (purple) for over 3 weeks in a row. This reminds me of back in January when KCS broke above and maintained support above the 21 EMA on the weekly. It's hard not to spot similarities between the two. KCS produced 2000% gains. With the recent boom of gaming and metaverse coins, it wouldn't be too shocking to see a similar run in Multiverse (AI).
Long AIUSDTLong AIUSDT
I will enter this trade after the breakout and retest of the monthly resistance of 0.05. Entry trigger 6H close above 0.053
1st Target - 0.068 zone
invalidation daily close below weekly close below 0.043
Like Multiverse/AI here Bought some AI here
higher high with potential higher low.
I am not betting my house on it, it is just setup I like to take.
AI Rounded Bottom - Short Term BullishBuy: 0.02 - 0.024
Stop Loss: 0.0195
Lets see how Bitcoin reacts in the short term but if we are stable I am bullish