Broke out from bearish trend. I expect an excellent new cycle for Karura coin. Great team and technology.
Manage your risks and take profit along the way. Target is on chart.
Greetings to you crypto lovers! Today we will consider a project from the Polkadot ecosystem. Elliott wave analysis shows that perhaps the finest hour is coming for Karura.
On November 24, the price reached $5.37, after which it jumped to $7.30 with strong sales by the end of the day. My approximate target for the completion of wave 2 was the value of $5.376 -...
Is there any Karura fans? I think the areas marked by green rectangles are a good opportunity to buy Karura. Good project, 130 million market cap. It is an all-in-one decentralized finance hub and stablecoin platform built on Kusama and integrated into Polkadot.
EXCHANGE KU COIN
COIN: KARURA
PAIR: KARUSDT
Broke out @ 8.34 can and retesting
we can take long positions @ 8.3 & 8.4
with the stop loss of 8.12
Tp 1 9.4 Tp 2 10.8 it has the potential to
break all time high of 13.73
For Long term Hodlers 3x 5x
Up or down, I think an uptrend is possible.
down trendline breakout
We have a good volume level here.
Super trend indicator shows buy signal
RSI down trend breakout
#Karura, $KAR trading within an ascending channel.
The expectation is that volume picks up and a breakout to the upside occurs. Then we hit our first
target of $25, then hit our second target of $47 shortly after. However, I put a question mark
and highlighted the volume. As i stated within the chart itself. Volume needs to increase as we continue to trade...
KAR is one of the newly listed tokens on Kucoin this pasy July.
KAR has been trading within an ascending channel.
I am expecting this 💎 to breakout eventually, and launch into full price discovery mode.
Creating a New ATH around $25, possibly higher to $28-$30.
As you may already know from my previous EOY predictions. The 3 flags represent 3 scenarios of where the price could end up the the EOY 2021, assuming that's when Bitcoin peaks.
Green being the best case scenario.
Red being the worse case scenario.
Yellow being moderate or the more than likely scenario.
The best case scenario for Karura ($KAR), a Defi 💎...
