$AIN woke up very abruptly. The price broke through $0.11 and for one candle it increased by more than 60%.
But I like not the candle itself, but what happens after it.
The whale that bought 9M $AIN at about ~$0.073 hasn’t touched the position at all yet. Right now it’s already worth more than $1M.
And in the meantime, the OI has grown by 65%+ and has crossed $22M.
When big volume sits outside the exchange, and the futures longs continue to grow, I would definitely watch the continuation of the move.
#AIN
But I like not the candle itself, but what happens after it.
The whale that bought 9M $AIN at about ~$0.073 hasn’t touched the position at all yet. Right now it’s already worth more than $1M.
And in the meantime, the OI has grown by 65%+ and has crossed $22M.
When big volume sits outside the exchange, and the futures longs continue to grow, I would definitely watch the continuation of the move.
#AIN
