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ShawnMCR
Jul 9, 2021 10:54 AM

KSM - Trade Setup 

KSM / TetherUSBinance

Description

KSM followed BTC just like the other coins and just hit support a few hours ago.
There are two support areas holding the price up and one resistance in the local price zone pushing it down.
THe sell volumes are still there but if the market changes status to Neutral, we might see it consolidate in this price zone.

If the price manages to cross the resistance line, after the closure of the first 4H candle above it, you can open long positions and aim for that TP. but for now? just wait.

Current Market Price: $207

Good Luck
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Comments
InkyGrip
Thank you for the great work! 🦐
ShawnMCR
@plancton0618, Thank you for your great comment.
ASHZED
Thank you for the insights
Deserved follow
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