📈 Long Position on KAITO/USDT 🚀
🔹 Entry: $2.11
🔹 Target: $3.33
🔹 Stop Loss: Below $1.96
I'm taking a long position on KAITO/USDT as it's holding well within a strong ascending channel.
Why This Trade?
✅ Price is respecting trendline support – strong demand zone.
✅ MACD is showing signs of a potential crossover, signaling a reversal.
✅ RSI is near oversold, suggesting buyers could step in soon.
✅ Risk-to-reward ratio is solid, making this trade worth the setup.
📌 Things to Watch:
🔸 If price bounces off trendline, I expect continuation upwards.
🔸 If price breaks below support, I’ll cut the trade early to minimize risk.
All set! Let’s see how it plays out. Are you trading this setup too? 📊🔥
#Crypto #Trading #TechnicalAnalysis #LongSetup #KAITO
🔹 Entry: $2.11
🔹 Target: $3.33
🔹 Stop Loss: Below $1.96
I'm taking a long position on KAITO/USDT as it's holding well within a strong ascending channel.
Why This Trade?
✅ Price is respecting trendline support – strong demand zone.
✅ MACD is showing signs of a potential crossover, signaling a reversal.
✅ RSI is near oversold, suggesting buyers could step in soon.
✅ Risk-to-reward ratio is solid, making this trade worth the setup.
📌 Things to Watch:
🔸 If price bounces off trendline, I expect continuation upwards.
🔸 If price breaks below support, I’ll cut the trade early to minimize risk.
All set! Let’s see how it plays out. Are you trading this setup too? 📊🔥
#Crypto #Trading #TechnicalAnalysis #LongSetup #KAITO
Trade closed: stop reached
WRONG
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.