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theCrypster
Feb 5, 2023 11:53 AM

KSMBTC - Broken Trend, No Power Move Yet! Long

Kusama / BitcoinKraken

Description

A few weeks back KSM made a strong move upward and out of the trend line it's been ranging underneath for some time now.

Since this break we haven't seen a large movement either upward or back under the trend line - we seem to have entered a phase of consolidation at the current price range.

We have received a Buy signal from CTv2 so we're feeling pretty confident that the price will be heading upward soon, we've illustrated 3 potential TP zones above, at 5%, 15% and 25%.

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Comments
linofx1
Excellent
theCrypster
@linofx1, Cheers buddy
melikatrader94
Well done mate! The area that you have pointed out looks very strong.
theCrypster
@melikatrader94, Thanks - time will tell ✌️
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