Market Cycle - Accumulation - KEYUSDKEYUSD - Selfkey - weekly chart
Here, I use the FIB to show my thoughts on potential targets for KEY in the coming Bull Cycle.
You can see that the 3.618 FIB purple line, has been where the past few cycles on KEY have targeted. I have noticed this on MANY coins.
If this plays out, we could potentially see 15X on KEY from current levels in the next bull market, after BTC halving, I suppose. No one knows, but that's what I assume.
Not financial advice just my 2cents.
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KEY
KEY/USDT Ready for a Potential BreakOut? 👀🚀 KEY Analysis💎 Paradisers, focus your attention on KEYUSDT as it presents a notable trading opportunity. Currently navigating a descending channel, the asset shows a robust potential for an upward movement from an important support level.
💎 In the past month, SelfKey has been consistently following its channel pattern. Now at a key support level of $0.00431, there's a significant likelihood of a bullish reversal, potentially leading to a channel breakout.
💎 This bullish outlook is reinforced by VRVP analysis, indicating that visits to key support levels have historically preceded strong bullish trends. Should this upward trend persist, KEY is expected to target resistance levels around $0.0101.
💎 It's essential to keep a close watch on KEY. A decline below the current support level would necessitate a critical reassessment of our trading strategy, as such a movement could pose challenges in sustaining the bullish momentum and require strategic shifts in response to market changes.
💎 Stay alert and proactive, Paradisers. Your ParadiseTeam is dedicated to offering comprehensive analysis and strategic guidance, ensuring you adeptly manage these market dynamics.
KEY/USDT - Selfkey: BBand Breakout◳◱ On the $KEY/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.006361 | 0.006801 | 0.007974 and support near 0.005188 | 0.004455 | 0.003282. Entering trades at 0.006412 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Selfkey
▣ Rank: 565
▣ Exchanges: Binance, Bybit, Gateio, Hitbtc
▣ Category/Sector: Financial - Identity
▣ Overview: SelfKey is a decentralized identity management system that providers users with a non-custodial identity and crypto wallet. Through the wallet, the user can control their identity data and documents, and also signup for new financial services through various fintech marketplaces. SelfKey allows users to signup for a new company, bank account, manage their personal or corporate identity, or apply for a crypto loan in a single click.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.006412 ₮
▣ 24HVol: 11,382,042.998 ₮
▣ 24H Chng: 12.334%
▣ 7-Days Chng: 23.19%
▣ 1-Month Chng: 9.92%
▣ 3-Months Chng: 46.52%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.006361 | 0.006801 | 0.007974
◢ Support: 0.005188 | 0.004455 | 0.003282
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.79
▣ Last 90D: 1.70
▣ Last 1-Y: 0.94
▣ Last 3-Y: 0.90
◲◰ Volatility :
▣ Last 30D: 0.74
▣ Last 90D: 0.73
▣ Last 1-Y: 1.60
▣ Last 3-Y: 1.68
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.42 - Bearish
▣ Reddit sentiment score is 0.59 - Bullish
▣ In-depth KEYUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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$key Selfkey Price action in a Symmetrical TriangleNYSE:KEY Selfkey Key price Action has formed a symmetrical triangle...
Current Price: $0.0057
A break out of Triangle will lead to higher resistances: 0.0066, 0.0078, 0.0089, 0.0102, 0.0113, 0.0123
Else #key will find support at previous resistances: 0.0052, 0.0041, 0.0028
KEYUSDT Supply and Demand Dynamics⚪ KEYUSDT displayed a noteworthy shift in its price dynamics in September, marked by a convincing breach of the downtrend trendline. This breakthrough was followed by a decisive move above a significant supply area. As a result, the supply zone is poised to transform into a demand zone, laying the groundwork for a renewed uptrend.
⚪ While KEYUSDT has undergone a consolidation phase, the recent daily close above the supply area underlines a shift in market sentiment. We anticipate a minor pullback in the near future, and this presents an opportune entry point for a long position. We will promptly share the KEYUSDT buy signal in our channel to keep our community informed and ready.
⚪ With the supply-to-demand transition in motion, we have set our sights on a robust rally, with a particular focus on the 61.8% Fibonacci retracement level. This level presents a significant milestone, and achieving it could signal further upward momentum for KEYUSDT. Our analysis is a guide to navigating these cryptocurrency markets with confidence and strategy.
KEY/USDT Break the pattern. Bullish Momentum for KEY ??💎 KEY has certainly captured our attention with a notable development! KEY has successfully breakout the Bullish Pennant pattern.
💎 Currently, after undergoing a retesting phase along the trendline, KEY is poised for an upward trajectory, There is a higher probability that this will happen next, supply zone or even reaching the bearish OB territory. The prospects for this positive movement appear promising.
💎 However, there's a downside scenario to consider. Should KEY experience a false breakout, or "fakeout," the likelihood increases for a reversal towards reevaluating the solid support zone.
💎 Historical data underscores the resilience of this support area in preventing further declines for KEY. If the asset does approach this region, it's crucial for it to rebound; otherwise, it risks descending into the strong demand zone, signaling a bearish turn.
KEYUSDT CORRECTION EXPECTED ON RESISTANCEKEYUSDT showed a nice bullish setup followed up with the inverted head and shoulder pattern where now we see a possible selling on the major hourly resistance. Here we expect a correction leg to be printed with the breakout on the channel and as well as the selling identified on the resistance highlighted. The retracement expected can be extended towards the key level on the bottom.
KEY analysis (4H TF)From the OB area, it can have a downward price rejection.
I specified the invalidation level. Closing 1 4-hour candle above this level will trigger analysis.
Do not enter the position without capital management and stop setting.
Note: This coin has a small volume and can be very volatile, manage the risk
Significant point : 0.004762Hello?
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It is not easy to find a coin (token) with a good flow other than a few previously published coins (tokens).
Therefore, it is recommended to check the support and resistance sections of the big picture of the altcoin you have set and observe how they move in those sections.
(KEYUSDT chart)
(1M chart)
KEY is approaching 0.004762, near the HA-High indicator on the 1M chart.
So, if we see support around 0.004762, we would expect a move to renew the previous high.
(1W chart)
In order to do so, the key is whether the price can be maintained by rising above 0.006392.
If it continues to decline, it is expected that the HA-Low indicator on the 1W chart will rise and be created.
Therefore, you need to make sure that there is support around the HA-Low indicator on the newly created 1W chart.
When it rises after receiving support from the HA-Low indicator, it usually touches the vicinity of the HA-High indicator, so that is the first selling period.
(1D chart)
Even zooming in on the 1D chart, you can see that around 0.004762 is a critical point.
From the big picture, it can be seen that a sideways section is formed over the 0.004762-0.008175 section.
Therefore, it is important which direction the price maintains based on the 0.006392 point in order to get out of this sideways section.
If price holds above 0.008175, it is likely to see a sharp uptrend as it is expected to break out of the long-term downtrend line.
Therefore, in order to trade this coin (token) in the mid- to long-term
1st: 0.004762
2nd: 0.006392
3rd: 0.008175
The 1st to 3rd sections above correspond to the buying section.
Based on this, you can create a trading strategy that suits your investment period and respond accordingly.
If it falls below the 1M chart's HA-High indicator, that is, below 0.004762 and shows resistance, do not trade until you touch the 1M chart's HA-High indicator or HA-Low indicator again.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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KEY SHRT SETUP (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the KEY symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
We passed the sluggish middle of the block. we are preparing forStarting tomorrow, the last month of the current quarter opens, I think it's worth summarizing the interim results and assessing the prospects. This month was extremely sluggish, because it is central in the quarter and there was a struggle for the direction for the second half of the quarter. After passing through the middle of the quarter, we saw a significant breakthrough in the dominance of the altos and an attempt to move to growth on the air. In the medium term, the dynamics are quite good, because the current monthly candle shows the predominance of purchases on the ether, which with a high probability can become a signal for purchases until the end of the quarter and, accordingly, the first half of the year with the opening of a new semi-annual candle with growth.
In an optimistic scenario, a new monthly will open above 1850, which will lead to an increase in the area of 2500 within a month or two. When opening below 1850 in the new month, there is a possibility of a deeper pullback on the quarterly and semi-annual schedule with test attempts of 1750 and 1600, which will significantly complicate the situation, but so far the probability of this is significantly inferior.
So far, I continue to closely monitor uft vib pros for cvp wtc ooki dock perl pnt asr atm, where the largest number of unprocessed targets remain. Transferring some coins to the innovation zone, as I assumed, is a common speculation, immediately followed by a buy-off on drep with the development of goals and significant activity of buyers on perl and pnt. After trading, I think perl will show no less interesting dynamics than drep with an attempt to test the 0.06-75 range, as soon as the ground appears against the background of the growth of the dominance of altos or ether. The transfer from the launchpad zone to the innovative one, in my opinion, is an increase in the status for the token. According to torn, there is also a series of speculations in my opinion, in order to throw off the crowd and hold the violas at the bottom, which requires negative rumors and examples. While technical goals remain up to $ 17-21, I continue to hold positions on it.
They are inferior in potential, but they have come to powerful epx front gft amb supports that can show an increase of up to 70-100%. They are also approaching supports with possible rebounds up to 40-60% wing akro srm farm snm fis om vite hard voxel df.
In the new month, I expect the growth of the eth/btc pair to continue in the area of 0.100-125. That is, attempts to increase the ether even in the case of a cue ball going to retest 21-22.5K. But it is still difficult to say whether the growth of the ether will help the violas break away from the cue ball.
Regional Banks Leading Market to Hell?Regional Banks have always led our economy during booms and during busts. You will note from this simple chart that one key trend line has measured our current secular bull market. Regional banks have remained above this trend line since it was first touched in 2009. Excluding March 2020 (Covid19), which is not valid data, regional banks have never dipped below with confirmation. My best guess is that if they do, it will spell the beginning of the end for the U.S. macroeconomy in its current secular bull run. Watch closely as regional banks are really flushing the toilets today. If not careful, they may also need a savior. Enter JPOW and the Fed for a surprised pause/pivot ...if so.
PacWest, NASDAQ:PACW : -36%
Western Alliance, NYSE:WAL : -31%
Metropolitan Bank, NYSE:MCB : -27%
HomeStreet, NASDAQ:HMST : -23%
Zions Bank, NASDAQ:ZION : -15%
KeyCorp, NYSE:KEY : -9%
HarborOne, NASDAQ:HONE : -10%
Citizens Financial, NYSE:CFG : -12%
Remember, of our four largest bank failures to date: Washington Mutual (-386 billion), First Republic (-$233 billion), SVB (-209 billion), and Signature Bank (-118 billion) ...three of these have occurred in the last 2 months ...and we ain't done yet, folks.
The true shitcoins are large centralized corporate banks. We must be ready to transition to an alternative currency solution. Enter Bitcoin/crypto. Be ready.
Best,
Stew
Selfkey (KEY) forming bullish Cypher for upto 20.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Selfkey (KEY) token..
Previously I shared a long-term trade setup of KEY, and the priceline has geared up from the buying zone, and this move is still in play as below:
Now on a 2-hr time frame, KEY is about to complete a bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KEYUSDT 6HThe KEY has broken the upper band of the Keltner channel and should pull back to the median at 0.0077053, and from there pullback and go slightly higher. The prognosis is good, as Selfkey has been running all these years and has never failed to keep the small community up to date. Could have better marketing
KEYUSDT 6H
Here are the supports and resistances on the 6H:
Main support levels : 0.0077053 / 0.0017132
Main Resistance Levels : 0.0182166 / 0.0229040
RSI: Exhaustion of Buyer Forces
EMAs: Optimists
The Key coin (or the Key token) is the currency used to transact within the SelfKey ecosystem. SelfKey is an ecosystem created to preserve and promote the privacy of individuals and companies when it comes to their IDs. Almost all tokens in circulation and very low market cap.