SelfKey KEYUSDT - Triangle formation +1000% Next Wave!- SelfKey (Rank #536) is breaking out of the triangle formation, which is very bullish.
- Volume is low for now, but i am expecting bulls to step in.
- Bullish volume is higher anyways.
- Next profit target is 1:1 fib extension around 0.1 USD, which is 1000%.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
KEYUSDT
SelfKey KEYUSDT - 100x RETURN BULL market! + Head and Shoulders- SELFKEY is on-fire now as the price is breaking out of the head and shoulders reversal pattern!
- Rank 349 on coinmarketcap, 24h volume $142,560,005.
- Our profit target is very high, 2.618 trend-based fib extension.
- Expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - For more information, please check my signature below ↓
- As per Elliott Wave rule, third wave is currently in progress and i am expecting the third wave to be the strongest wave.
- If you want to see more of these ideas, hit "Like" & "Follow"!
KEY analysis before growthKEY needs to exceed several levels of resistance in a change of trend that's coming. This change of trend could be seen on an EWO chart. If level 0.0072 is exceeded then there is a good way up to 0.0082
Buy setup for this position will look like one below:
Buy price: 0.00664 - 0.00690
Target price: 0.008205
Stop loss: 0.006015
KEY resistance touched, expected breach KEY reached resistance levels. If it breaks it, It will go further. There are several signs that it will happen. EWO peak formed, MACD wave change coupled with convergence point, RSI angling. ALl that allows me to positevly expect breakthrough from KEY.
Buy price being 0.007010 - 0.007125 Target level in case of breach would be 0.007525, while stop loss should be placed around 0.006910
KEY signals to enter with expected price targetKEY gives several indications of future price upward movement:
EWO peak formed
MACD wave reaching zero point plus upcoming point of convergence
RSI indecisiveness with support level and candlestick pattern
Resistance at 0.007525 should be exceeded in order to achieve target level
Buy setup based on that data will look like this:
Buy price: 0.006925 - 0.007125
Stop loss: 0.006400
Target level: 0.008115
KEY signs of positive trend changeKEY enters a position to reverse its trend with high probability. This composition is made out of several signs. Such as EWO wave change and overall descendance of its wave, MACD divergence between signal lines and Ichimoku signal lines crossover and zone of indecision at the highlighted zone with volume spikes. Conformation of that trend change should soon reveal as well as market entry zone.
KEY/USDT Bullish breakout for Selfkey 250% in playWe recently posted KEY/USDT when it still was within the symmetrical triangle.
Now we got a bullish breakout and do see resistance that pulled us back to 0.012 twice already.
However, looking ahead we don't expect to get rejected a third time.
Volume is increasing which is a bullish sign.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
KEY/USDT Breakout of first downwards trendline. Recovery know?Not your keys not your crypto.
This is the message of KEY.
The idea of crypto is that you are the one in charge of your money and free to do whatever you want.
KEY did see a massive pump near its ATH followed by a major dump during the recent crash.
It's like buying at a discount level.
The first trendline of the downwards trend is broken.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
KEYUSDTScary and promising range
The SELFKEY currency trend is approaching a range that will change the future of the currency. And the decision of what this currency will do in this range is something that depends only on the strength of the market, and factors such as the bitcoin trend and the ratio of capital volume, as well as the management of cooperation programs of this currency are involved in this.