Occamstock

$KEY Selfkey: inverted H&S forming, possible reversal in sight

Long
Occamstock Updated   
BINANCE:KEYBTC   None
Well volume or not, this has been one hell of a slide... so for those of you still HODL'ing I figured I'd share some hope. Even if $key doesn't hold this support above 310 there should still be a strong re-correction in the future. That H&S just might need to drop down a little more to finish forming. In the event it continues falling be sure to your stop losses at 280 or wherever you're comfortable in case we need to bail out. But if the market is truly turning then it's just a matter of time before people start to flock back to this guy. GLTA
Comment:

Just altering things a bit as we get more data. Watching closely to see if we make a run at the cloud and resistance trend.
Trade active:
This could be the turn, if you're interested in testing the pivot point

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Didn't develop that way but we're approaching squeeze points. Come on baby, flip
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hello old friend
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PICK A TARGET PRICE RIGHT NOW AND SELL 30%-50% when we hit it. Only buy back if we've dipped and appear to be flattening out.

Never feel bad about taking profits too early -- the alternative is worse!
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Trade active:
Ok if we're going to make another run it should be coming within the next hour or two. Cup has a nicely formed handle and just needs volume influx and buying pressure to break into a bull leg. Let's keep our stop losses at 410 just in case, and be ready to jump in and watch closely once handle/channel breaks down
Comment:

This isn't the most technical observation, but check out what happened when the rsi dipped to these levels twice previously. Good buy zone.

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