KEY
🆓Selfkey (KEY) Oct-19 #KEY $KEY📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.009$ zone
🔴Buy : 0.01 - 0.009
🔴Sell : 0.012 - 0.015
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.009$ zone
🔵Sell : 0.009
🔵Buy : 0.008 - 0.007
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
KEY is going up by 25%It seems like we are ending a 3-day consolidation process and now are going to go up by 25% as soon as the level of resistance, a flag pattern is broken.
There are a few potential targets, but most likely we will hit 0.0113 within the next 24 hours. A stop loss at 0.0085, but I don't think we will go below since BTC is going up and alts should follow its trend.
It is not financial advice.
KEY next target levelKEY in the next upward movement will be able to achieve 0.01 level. This movement should be expected to be executed based on indicator data from EWO and MACD. Based on Ichimoku, main obstacle for that is pressure from sellers at 0.009 that must be exceeded in order to reach the Target Level. Setup for that movement:
Buy price: 0.007695 - 0.008446
Target level: 0.010279
Stop loss: 0.006896
KEY target level for growth movementKEY enters a period of growth as does the whole market. This is indicated by such things as: EWO wave with its signal line above zero mark, MACD divergence between its lines as well as their direction.
Position for this movement:
Buy price: 0.007791 - 0.008102
Stop loss: 0.007480
Target level: 0.008769
KEY support level reached, signals of price growth KEY reached its support level at 0.007. Based on previous MACD and EWO patterns and data on hand we can estimate following price upward movement up to 0.0085. Buy setup for that movement:
Buy price: 0.007171 - 0.007348
Target level: 0.008562
Stop loss: 0.006589
KEY struggle, supports and resistanceKEY is right now in a case of struggle. It has several levels of support to orient towards. First - 0.0076, Second - 0.007. On the other side, it has one minor level of resistance in order to achieve Target Level at 0.0087.
Buy price range: 0.0076 - 0.0077
Target level: 0.0087
Stop loss: 0.007
KEY signals of restorationKEY gives several signals to return to 0.0085 level. Such as EWO peak, MACD convergence, RSI below 30 as well as touching support level thus confirming it as valuable. Setup below was made on these indications:
Buy price: 0.007425 - 0.007701
Stop loss: 0.007056
Target level: 0.008590
USD/CAD HIT THE KEY SUPPORT ZONE AND 200-EMA AGAINUSD/CAD traded slightly higher after it hit once again the key support zone between 1.2580 and 1.2600 and the price step again on 200-EMA. That said, the recovery stayed limited near 1.2711. Lately, the pair has been trading in a consolidative manner, and thus, the experts will refrain from confidently calling its next trending direction.
In order to start examining the bearish case, traders would like to see a dip below that key support zone. This will confirm a forthcoming lower low and may initially target the 1.2533 zones. Another break, below 1.2490, could invite more bears into the game, who may drive the action towards the low of July 30th, at 1.2420, or the low from the beginning of July, at levels around 1.2300.
On the upside, the traders would assess a bullish-case scenario when we see a recovery above the zone at 1.2710. This could set the stage for upside extensions towards the high of July 19th, at 1.2810, the break of which could extend the rally towards the peak of August 20th, at 1.2947.
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KEY restoring positions with price predictionKEY starts to gain new levels. This change of trend shall continue based on MACD and EWO indications. EWO peaking and MACD meeting convergence point allow to express positive outlook of this continuation. Stop loss and Take profit levels were found using support and resistance levels prior to the upward movement which happend at 19th of September.
Position with that data below:
Target level: 0.009231
Stop loss: 0.007876
Buy price: 0.008241 - 0.008435