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Mar 9, 2023 9:37 PM

KLAYUSD Inside the MA50 and MA200 (1d). Buy. Long

KLAY / US DollarBinance

Description

KLAY is contained inside the MA50 and MA200 (1d). This is the first time that former Resistance (MA200) is tested as Support.
The main pattern is a Channel Up with limited downside from the current price level.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 0.4000 (+8.75% from previous High).

Tips:
1. The RSI (1d) is bottoming on Lower Lows, as the previous Low of the Channel.

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Comments
WalterMoon
bro great work, I'm think that you are right for KLAYUSD
LegionQ8
Very possible scenario, I agree with your opinion
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