Long
KLAYUSD Inside the MA50 and MA200 (1d). Buy.
KLAY is contained inside the MA50 and MA200 (1d). This is the first time that former Resistance (MA200) is tested as Support.
The main pattern is a Channel Up with limited downside from the current price level.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.4000 (+8.75% from previous High).
Tips:
1. The RSI (1d) is bottoming on Lower Lows, as the previous Low of the Channel.
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The main pattern is a Channel Up with limited downside from the current price level.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.4000 (+8.75% from previous High).
Tips:
1. The RSI (1d) is bottoming on Lower Lows, as the previous Low of the Channel.
Please like, follow and comment!!
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