🔥 KSM Huge Channel Reversal: Long-Term Analysis
For around 3 months now, KSM has been trading within a huge channel, marked by the green and red marked areas.
Assuming BTC's low will remain at ~28.8k, we can assume that KSM's local low will remain at ~$165. This gives a lot of room for a long term bullish move for KSM.
I've marked a couple of resistances on the chart (dotted lines) for potential profit targets in the shorter-term. Be aware that this is a long-term trade, so it might take a while for the target(s) to get hit.
Always keep an eye on BTC when trading alts. Happy trading!
Assuming BTC's low will remain at ~28.8k, we can assume that KSM's local low will remain at ~$165. This gives a lot of room for a long term bullish move for KSM.
I've marked a couple of resistances on the chart (dotted lines) for potential profit targets in the shorter-term. Be aware that this is a long-term trade, so it might take a while for the target(s) to get hit.
Always keep an eye on BTC when trading alts. Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Pubblicazioni correlate
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.