Kda didnt pump to the top of the trendline, but turned around at 10$, to retest the 8$ bottem, where we are seeing suport. This is the 32134345th time the 8$ held as support.
We now have double bottem on the 4H
We have double bottem on the daily
We have a bullish divergence on the rsi
I think its fair to say, we are starting to see a momentum shift. Not saying it couldnt go lower, but looks like kda could slowly start to turn bullish again from here. We could see a wickoff acumulation in the 8 to 10$ zone, till the trendline is broken , to start the next bull move.
I filled 80% of my bags between 12$ and 8$.
Im keeping 20% just in case it dips to 6$.
We now have double bottem on the 4H
We have double bottem on the daily
We have a bullish divergence on the rsi
I think its fair to say, we are starting to see a momentum shift. Not saying it couldnt go lower, but looks like kda could slowly start to turn bullish again from here. We could see a wickoff acumulation in the 8 to 10$ zone, till the trendline is broken , to start the next bull move.
I filled 80% of my bags between 12$ and 8$.
Im keeping 20% just in case it dips to 6$.
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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.