KLAYUSDT → Pre-breakdown consolidation before growth by 100%

29 feb

BINANCE:KLAYUSDT is forming a local bullish trend, but globally the coin is lagging behind the cryptocurrency market and is still under bearish trend resistance.



A clearly formed bottom, a local bullish trend and pre-breakout consolidation against bearish trend resistance can play the role of important preconditions for a possible trend change and the market's transition into a bullish phase. In this case, a breakout of the 0.2550 - 0.2600 area may trigger volume growth with subsequent distribution towards the mentioned targets. Klay may start catching up with the market outperformance and capitalization, thus realizing the accumulated potential.

Resistance levels: 0.2541, 0.2568
Support levels: 0.2179

I expect a breakout and price exit beyond the bearish trend with subsequent growth to the above targets

BTCUSD TOTAL TOTAL2

Regards R. Linda!

1 mar

Nota

Resistance retest continues
Price may break this area in the near future

2 mar

Trade attivo

realization of a breakthrough :)
+20%

8 mar

Trade chiuso: obiettivo raggiunto

Interim target achieved