💎 KSM has undoubtedly captured our attention. It's currently navigating within a Broadening Wedge formation. Historically, after touching the pattern's support trendline, KSM has shown a tendency to rebound and progressively approach key resistance levels.
💎 For this bullish scenario to play out, KSM must surpass the supply mark at $16.37 and sustain a close above it. Achieving this could pave the way for KSM to target the major resistance zone.
💎 Conversely, if KSM struggles to breach the $16.37 supply point, it might either pull back to a nearby support for another attempt or trend downwards towards a critical support level.
💎 For this bullish scenario to play out, KSM must surpass the supply mark at $16.37 and sustain a close above it. Achieving this could pave the way for KSM to target the major resistance zone.
💎 Conversely, if KSM struggles to breach the $16.37 supply point, it might either pull back to a nearby support for another attempt or trend downwards towards a critical support level.
Trade closed: target reached
Another win! #KSM up 21.14%, as forecasted!
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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.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.