Long
Key - Ready for a 100%+ Move
With a potential upcoming altseason, KEY structurally looks to be an altcoin that can see a 100%+ move. It is only around a 
30M marketcap and is listed on the big exchanges which means liquidity could be readily available to fuel a large pump.
Recently, we broke out of a triangle pennant. We had a few tests of resistance (red circles) and have retested that trendline as a level of new support (green circle). Also, our weekly RSI is trying to hold the median line as support (bottom green arrow). Based on this particular pattern, the breakout target would be around $0.012. This would be a gain of more than a 100% from the current price.
The only thing standing in our way at the current moment is our 0.236 resistance level around $0.00625. A candle close above this fibonnaci level should signal the breakout.
30M marketcap and is listed on the big exchanges which means liquidity could be readily available to fuel a large pump.Recently, we broke out of a triangle pennant. We had a few tests of resistance (red circles) and have retested that trendline as a level of new support (green circle). Also, our weekly RSI is trying to hold the median line as support (bottom green arrow). Based on this particular pattern, the breakout target would be around $0.012. This would be a gain of more than a 100% from the current price.
The only thing standing in our way at the current moment is our 0.236 resistance level around $0.00625. A candle close above this fibonnaci level should signal the breakout.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.