🔴 KLAYUSDT
TF: 1H
Side: Short
SL: $0.1557
Pattern: Rising Wedge
TP 1: $0.1473
TP 2: $0.1421
TP 3: $0.1379
KLAY has had a great run but is now looking overbought on 1H and 4H time frames.
I am expecting a pullback to support around $0.1379.
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For this particular analysis on Klaytn we are using the KLAYUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where KLAY is having today an enormous 1D candle, the strongest since July 29, which was a technical top (Lower High). The 1D RSI has rebounded from deep beneath the oversold barrier but the previous two times this...
