TradingTsar

KATANA INU. KATA/USDT 1D. Mem-coin. Chart.

Long
MEXC:KATAUSDT   Katana Inu / USDT
Here's Kata Inu mem coin chart.

Very technical instrument. In the main trend we can see an uptrend forming.

Secondary trend potential Cup. Previously falling wedge has been formed which has recently broken above.

Right now descending channel is forming with an amplitude of 102%.

In case of breakout of this channel - potential of 200% is opened. Then, midterm, if price breaks above the resistance of the cup - more 200% potential is there.

Also there's a potential uptrend channel forming which is shown on the chart.

The coin is moving very technically.

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