TradingView
AlanSantana
Jul 3, 2018 3:57 PM

Selfkey (KEY) Resistance Levels/Targets courtesy of Alan Masters 

BINANCE:KEYBTC240

Description

⋅
Here are some targets for Selfkey (KEY):

(1) 0.00000486
(2) 0.00000540
(3) 0.00000572
(4) 0.00000609
(5) 0.00000685
(6) 0.00000731
(7) 0.00000807
(8) 0.00000895
(9) 0.00000967
(10) 0.00001080

Note: These are the levels at which KEY is likely to face resistance on the way up.

You can use these levels as reference to sell for profits.

This is not a trade advice.
Trade at your own risk.

Thanks a lot for reading.

Comment

⋅
Here is the 2h chart, looks like KEY is trying to push up again:

Comment

⋅
Here you have the support levels. These levels are meant for reference only. If KEY starts to go down, you can expect a stop or a bounce from the following price levels:

Support levels

(1) 0.00000375
(2) 0.00000340
(3) 0.00000282
(4) 0.00000210
(5) 0.00000176

Comment

⋅
So the first target was taken out, we aim for the next one and then the next and so on:

(1) 0.00000486 * Target reached *
(2) 0.00000540 * Next target *
(3) 0.00000572

You can sell when you feel confortable with the profits or when you see that momentum is being lost and reversal signals start to show up.

Remember that we are looking at the 4h time frame, so we need 4 hours for each candle. Don't get stuck to the computer.

I'll leave the rest to you for now.

Note: This is no trading advice. I am writing and sharing all these for educational purposes only :)

Comment

⋅
(1) 0.00000486 * Target reached *
(2) 0.00000540 * Target reached *
(3) 0.00000572 * Target reached *
(4) 0.00000609 * Target reached @ 595*

Early resistance / targets can level become support.

So when we have a retrace, you can see the price stopping at earlier targets.

Retraces can take a few hours to a few days to weeks and months to complete.

How you deal with this, depends on the time frame you are using to trade and your trading plan.

That's done for now...
Beyond Technical AnalysisTrend AnalysisTechnical IndicatorsKEYselfkeyKEYBTCalanmastersbinanceBitcoin (Cryptocurrency)BTCusdt
Comments
mlotis
⋅
Testing falling wedge... Could see big movement soon.
AlanSantana
⋅
@mlotis, Posted new trade idea with your falling wedge drawn.
Oxxie_crypto
⋅
What do you think of #tkey?
AlanSantana
⋅
@MPosthuma, I heard good things about it but I don't have enough info right now. I want details on small caps coin with huge up potential.
Oxxie_crypto
⋅
@alanmasters, i think tkey could be interesting for you
TheEWGuy
⋅
@MPosthuma, put buy order at 430 ..sell order at 710..thank me later..
TheEWGuy
⋅
@abid1986, sorry at 480*
Oxxie_crypto
⋅
@abid1986, bought it at 235 ;-)
TheEWGuy
⋅
@MPosthuma, oh cool..i moved out of the trade..my waves were wrong..lol..
emrelg
⋅
Alan is back ?
More