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MyCryptoParadise_Nathan
Oct 18, 2023 6:19 AM

KEY/USDT Break the pattern. Bullish Momentum for KEY ?? Long

Selfkey / TetherUSBinance

Description

💎 KEY has certainly captured our attention with a notable development! KEY has successfully breakout the Bullish Pennant pattern.

💎 Currently, after undergoing a retesting phase along the trendline, KEY is poised for an upward trajectory, There is a higher probability that this will happen next, supply zone or even reaching the bearish OB territory. The prospects for this positive movement appear promising.

💎 However, there's a downside scenario to consider. Should KEY experience a false breakout, or "fakeout," the likelihood increases for a reversal towards reevaluating the solid support zone.

💎 Historical data underscores the resilience of this support area in preventing further declines for KEY. If the asset does approach this region, it's crucial for it to rebound; otherwise, it risks descending into the strong demand zone, signaling a bearish turn.

Trade active

Bingo! #KEY is dancing to our tune, up 12.57% just like we predicted.

Comments
SwallowPremium
What an amazing TA you are doing! Altho bearish pennant was broke new might see a re-test to that same pennant and then go for some further movement to upper zones 👀
KABHI_FOREX_TRADING
Good buy plan
Arazmajeed
Excellent work 👏
Lingrid
Excellent timing! Your trade idea aligns perfectly
MarcellusLUX
Very good analysis, keep up the awesome work :)
TheGrove
Pretty good idea to be honest!
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