Stoic-Trader

KSM - Rising wedge about to break

Short
BINANCE:KSMUSDT   KSM / TetherUS
KSM's upward trend in 5 blue waves appears to be reaching its conclusion, with a possible break below the lower channel of the wedge expected shortly.

A target of $30 is likely, based on the wedge base, a 50% pullback, and previous wave 4 support.

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