Selfkey (KEYBTC) has gone through a long period of consolidation, we already hit some targets (profits), it is only a matter of time before it moves strong.
Let's trade for profits.
On the chart above:
-We can see that EMA10 and EMA50 is being broken passively. Normally, lots of strength is needed to break these levels.
-Since EMA10 and 50 are being broken...
Selfkey is now at the support line of the channel and might be hovering some days between 59/62 before moving back up to the resistance at around 75.
Next resistance around 84.
Next support levels around 56 and 52.
Weekly Chart on $KEYBTC on Binance, as of 4/1/19 we are in a weekly bullish trend, watching for more momentum to pick up for a rise above 100+ satoshi.
Another key trend is on the Coinmarketcaps chart, its gone from under .01 cent to .03 cents two times, it could quiet easily / possibly rise to .01-.025 in the coming months.
Overall Key feels good under...
KEYBTC is in a longterm downtrend channel - will it break the upper resistance at around 76/79?
There's a chance it will move further down the coming week or two to 65/64 or even lower to the longterm support line at 59/60 sats.
If it breaks up the downtrend channel at around 79 it might reach targets at 84/85 or 90 or next resistance at the 110ish.
I was right about the direction for this coin, but I have set up target too high. I am still bullish about this coin even though I don't see much buy orders coming in... This coin has a lot of potential.
KEYBTC is at the bottom of a trend channel established early March. We enter targeting a retracement to the top of this channel.
Target 1: 0.00000075
Target 2: 0.00000077
Target 3: 0.00000081
Target 4: 0.00000086
Looks like $KEY formed double bottom and price is staying inside accumulation zone.
Price shows that $KEY is ready to start new cycle.
Green and below - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
Maybe going for the long stops just beneath previous low and create a spring from there.
Target is first resistance line
Chart is self-explanatory and follows accumulation schematic 2 of the wyckoff method. See link below for info about Wyckoff
I am looking at Selfkey (KEYBTC) on Binance, even though these are only early signals, and I am seeing a strong move coming ahead.
On the chart above:
We can see that EMA10 and EMA50 is being broken passively. Normally, lots of strength is needed to break these levels.
Since EMA10 and 50 are being broken passively, the momentum might be used to move up...