KDON looks bullish its can move hard KDON print a 1d TF inverse head and shoulders pattern
Anyone in Don-Key Finance will want to see these two trendlines broken in order for a higher target moving into the 2025 bull run. DON needs to break between the $0.04 and $0.06 price range in order to move higher. These are major resistance trend lines that need to be broken through and would be nice if this happens in 2023 if not then we wait till 2024.
My thoughts on Don-Key Finance after the possible 2023 XRP win and BTC 2024 halving. This is of course all speculative and not financial advice as everyone should do their own due diligence on any digital asset whether it is a DEFI or other type of platform asset. Defi is not going away and so far Don is still very much alive and already down a whopping 100%. Many...
| Don-Key | | Wait for the retest and the 1hr to curve back up | | Technical Analysis 1H Chart: ✅ Cup and Handle ✅ The 4H SRSI is low ✅ 0.786 fib Retracement ✅ MACD showing a lack of bearish momentum ✅ Volume Falling with Price ✅ RSI - Bullish Divergence ✅ 200MA on the 1hr coming as support
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Looks like we have had 5 IMPULSE waves up on a daily timeframe. It looks like we are in a ABC correction.
Just a count. EW wave count based on a fib retracement. NFA
are we gana take on this short term RES ? or we going back down ?
looking ahead...basic charting skills nothing fancy here
We found support. Finally Don-Key has found some support on the daily.
Let see how this plays out. Launches can be sketchy until value is proven.
Waitng for his trend line to break. one click farming.