Key just listed on Binance on mid June and showed a very high prospect comparing to the other crypto markets. At the time of listing on Binance this coin increased almost 6.5x within 2 weeks period. This time it is creating a falling wedge pattern like most of the crypto currencies in the market. It might further go some down moves and if it can break the support at aroun 122 it might continue its downward move. But it seems its almost in its lowest dip and most likely to break the falling wedge resistance line. With the help of such indicators like RSI and the overall volume increment we might see a new impulsive elliottwaves trend to the upward. If it can close above the resistance at least short term uptrend reversal will be confirmed. Since Bitcoins flow is not yet confirmed this trade needs a strict risk management and trading must be done partially depending on the direction it moves.
Entry Level : 121 sats - 131 sats
Stop Loss : 110 sats
Potential Profit Targets :
Short Term Targets :
T1 : 153 sats
T2 : 168 sast
T3 : 180 sats
T4 : 192 sats
T5 : 209 sats
Mid / Long Targets :
T1 : 239 sasts
T2 : 307 sats
T3 : 362 sats
T4 : 417 sats
T5 : 495 sats
Risk/Reward Ratio : 11.35
Risk/Reward Ratio : 14
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
Entry Level : 121 sats - 131 sats
Stop Loss : 110 sats
Potential Profit Targets :
Short Term Targets :
T1 : 153 sats
T2 : 168 sast
T3 : 180 sats
T4 : 192 sats
T5 : 209 sats
Mid / Long Targets :
T1 : 239 sasts
T2 : 307 sats
T3 : 362 sats
T4 : 417 sats
T5 : 495 sats
Risk/Reward Ratio : 11.35
Risk/Reward Ratio : 14
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
