shimmeringpath

Reverse My Gann Fan KEY/BTC $KEY #selfkey #crypto #altcoins #btc

KUCOIN:KEYBTC   SelfKey / Bitcoin
Here is our Gann Fan indicator - but reversed ! As you can see KEY hit the top of that blue band around 85 sats but our MACD and RSI are both bearish .We are definitely having a hard retrace down here . Now look at possible price targets below us . How low will it go ? We have already wicked into that light purple band , the bottom of which is 29 sats . We are almost certainly going there . Even below that is the orange colored band which bottoms out at 18 or 19 sats , it's likely at some point we see that price but it could take awhile .
To sum up - KEY is reversing now after a massive pump -

Targets below us are

29 in short to mid-term

18 or 19 sats mid to long-term

I would wait til we see those targets along with other signs of a turnaround (such as MACD and RSI turning up ) before I buy again .

For now it's a waiting game .
Also please dont chase pumps !
Comment: We hit 29 sats ! Just like I predicted . I'm still expecting sub 20 sats as well but that could take some time . Let's see .

Comments

any updates ?
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shimmeringpath MagdyEl-Nidany
@MagdyEl-Nidany, the KEY btc pair on Kucoin has seen very slight upside , but since the Kucoin hack with 50m KEY being stolen there has been less liquidity there , hopefully that recovers at some point or KEY gets back it's btc pair on Binance but right now the volume seems to be mostly on KEY tether pair on Binance and that's where most are trading it
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