Overview
Selfkey (KEY) is a coin that was listed three days ago on Binance. Since then it had quite a run - almost 200%. We saw a pre-wave followed by wave 1. Wave 1 should soon be finished. I see it max. reaching the next Fibonacci level and staying in the green field before the correction should start.
The coming downtrend is indicated by bearish divergences in RSI and Williams %R. We can see that the Volume is getting smaller and the Stochastic RSI is preparing a move down.
Dont forget:
- Watch your Risk management
- The current situation with Bitcoin has an influence on all Altcoins, be aware of movements there
- DYOR (Do Your Own Research)
Thanks for reading!
Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Selfkey (KEY) is a coin that was listed three days ago on Binance. Since then it had quite a run - almost 200%. We saw a pre-wave followed by wave 1. Wave 1 should soon be finished. I see it max. reaching the next Fibonacci level and staying in the green field before the correction should start.
The coming downtrend is indicated by bearish divergences in RSI and Williams %R. We can see that the Volume is getting smaller and the Stochastic RSI is preparing a move down.
Dont forget:
- Watch your Risk management
- The current situation with Bitcoin has an influence on all Altcoins, be aware of movements there
- DYOR (Do Your Own Research)
Thanks for reading!
Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Comment:
They literally pumped it through - almost 100% in 5 mins.... lets see how it develops in the coming hours. But so far this Idea is invalidated.