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umur.ozkul

KEY short. Drop in regression band with a possible H&S

Short
umur.ozkul Updated   
BINANCE:KEYBTC   None
Trend Analysis KEYBTC keybinance
4
4
trendanalysis keybtc keybinance
Key is dropping. There are 2 possible support levels. Current order book is validating the lower support level for trend reversal
Comment:
First support reached
Comment:
snapshot
There is still a head and shoulders possibility
Comment:
Comment:
It reacheched a support level now (358). It is trying to stop there

If support fails, the lowest support it will go down to is 268
Comment:
Comment:
Waiting for support confirmation
Comment:
snapshot
Still not confirmed...
Comment:
Still crashing.
There is a pattern
1 small rise
2 small drop
3 possibly bigger rise
4 crash!

Each episode is approx 7 hours. Killing the traders that believe the bottom is found.
Trade closed manually:
snapshot

End of short. Out of Regression Band
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