Looking closer at the chart above, we can notice KEYBTC trading above EMA10/50 and at the same time, these two lines are converging.
We have a strong and on the side... An impulse move can follow next.
- If KEYBTC remains above EMA50, you can expect 20 satoshis to be tested next. After 20 satoshis 23 will be the next target.
- Before reaching higher targets there will be some retrace+consolidation and finally, 35 satoshis can be conquered.
- A weekly close below 12 satoshis can be used as a stop-loss.
The baseline for the end of consolidation will be 18 satoshis on this chart.
Above this level, we go strong.
Below this level, additional consolidation is required or a change to potential can happen.
We have a full active trade for Selfkey ( KEYBTC ) which has up to 193% of profits potential... You can see it here:
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