Klaytn (KLAYUSD) broke today above its 1D MA200 (orange trend-line) for the first time in 6 months (since May 08). This is a major bullish break-out for the medium-term as the price is on the rise after making a Lower Low at the bottom of the 1 year Channel Down. That was the last Resistance to break in a series of bullish break-outs, first the 1D MA50 (blue...
Hi dear friends, hope you are well and welcome to the new trade setup of Klaytn (KLAY) with US Dollar pair.
On a daily time frame, KLAY has formed a bullish Gartley move for next 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
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For this particular analysis on Klaytn we are using the KLAYUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where KLAY is having today an enormous 1D candle, the strongest since July 29, which was a technical top (Lower High). The 1D RSI has rebounded from deep beneath the oversold barrier but the previous two times this...
GATEIO:KLAYUSDT
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Possible Targets
➡️Green box was a previews resistance zone in 2020 now its a strong support level
➡️Take profit levels marked green checkmark around 78% from current price! 10% stop...
Klaytn has been performing very well lately and hit this week the 1D MA200 (orange trend-line) for the first time in almost a month. It appears that its recovery can be fast-forward and the reason is that it hit and rebounded exactly on its long-term Buy Zone (green region on your chart).
Based on the RSI however it may still have a some way before registering a...
