Long
KLAYUSDT → Pre-breakdown consolidation before growth by 100%
$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!
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!
Note
Resistance retest continuesPrice may break this area in the near future
Trade active
realization of a breakthrough :)
+20%
Trade closed: target reached
Interim target achieved
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🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
Related publications
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.