AIO formed a falling wedge pattern after being listed. This is a bullish pattern for a continuation trend after the dip or a retracement. This pattern was seen long before it exploded, and I took advantage of it.
A quick one on the token, AIO is the token of OlaXBT, which introduces a decentralized AI trading infrastructure that utilizes modular Model Context Protocol (MCP) servers, enabling users to deploy customizable agents for automating sentiment analysis, market-making, vault farming, and more. This trade was caught on the Bitget exchange, where I am also capitalizing on the exchange AIO CandyBomb event.
What do you think of the trade, and will the token reach a new ATH? What are your favorite patterns to trade?
Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/trading-the-wedge-pattern-on-aio/4722/
