readCrypto

Klaytn (KLAY) - August 12

BINANCE:KLAYUSDT   KLAY / TetherUS
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(KLAYUSDT 1D Chart)
Primary resistance: 0.297-0.319
Secondary resistance: 0.417

Support: 0.232-0.264


KLAY Coin has fallen near the listing price.

I think the Klaytn network is likely to go sideways for a long time until the structural problem (?) of the network is resolved.

There are several coins that have structural problems with these networks.

I think one of those coins is Klaytn.


The structural problem of the network is the phenomenon of overloading the network when many transactions occur.

To alleviate this problem temporarily, we are using a policy that adjusts transaction fees according to the increase or decrease of transactions.

This transaction fee adjustment is being applied to DeFi services.


As the coin ecosystem expands, the number of users increases and many transactions occur.

If the transaction fee is adjusted due to the network overload that occurs at this time, I don't think it is easy to increase the number of users.


The transaction fee problem is a problem that ETH is also experiencing, but ETH is not comparable to Klay as it has a huge coin ecosystem.


In order to invest in SOL and KLAY coins that are experiencing network problems, I think it is better to use a trading method that increases the number of coins corresponding to profits until the problem is resolved.

There are many coins (tokens) issued in the coin market.

It is recommended that you do not suffer a loss on your period investment by investing in a coin that is judged to have a problem.


We believe that SOL and KLAY will solve the network problem just as ETH solves it.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)

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