KEEP/USDT { KEEP NETWORK } - BULLISH SETUP
ANALYSIS 🔎
- KEEP/USDT is currently on an uptrend.
- The market hit an ATH and retraced.
- Price is retesting the key fibonacci retracement zone (0.618 - 0.702 - 0.786) and the horizontal support level .
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- There's a potential formation of the bullish inverse head and shoulders pattern.
- Also, the market could be on the verge of the 5th impulsive Elliott wave.
BUY ENTRY ⬆️
- Conservative entry: breakout above the bullish inverse head and shoulders neckline resistance (@0.8427).
- Aggressive entry: key fibonacci retracement zone (0.618 - 0.702 - 0.786).
TARGETS 🎯
- Horizontal resistance level (@0.8427).
- Horizontal resistance level (@1.2090).
- Fibonacci extension level 1.0 (@1.4866).
SETUP INVALIDATION ❌
- Breakdown below the horizontal support level (@0.6078).
- KEEP/USDT is currently on an uptrend.
- The market hit an ATH and retraced.
- Price is retesting the key fibonacci retracement zone (0.618 - 0.702 - 0.786) and the horizontal support level .
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- There's a potential formation of the bullish inverse head and shoulders pattern.
- Also, the market could be on the verge of the 5th impulsive Elliott wave.
BUY ENTRY ⬆️
- Conservative entry: breakout above the bullish inverse head and shoulders neckline resistance (@0.8427).
- Aggressive entry: key fibonacci retracement zone (0.618 - 0.702 - 0.786).
TARGETS 🎯
- Horizontal resistance level (@0.8427).
- Horizontal resistance level (@1.2090).
- Fibonacci extension level 1.0 (@1.4866).
SETUP INVALIDATION ❌
- Breakdown below the horizontal support level (@0.6078).
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