Hi all. Timeframe 1 week. I take this instrument in spot for a couple of percent from the depot, medium/long term. After a fall of 98%, it is in an accumulation channel with increased volumes, the channel step is more than 100%, which can also be used for trading. Marked goals and levels on the chart.
We have a small amount of Bullish Divergence here after Breaking Out of Falling Wedge at the PCZ of a Bullish Bat on the 4 Hour Timeframe. I will take profit at each of the levels depending on how price looks upon hitting each target though i may just hold it all until target 2. I feel a bit more confident about taking this trade due to the action we currently...
The Keystone of Opportunity and Knowledge (KOKUSDT) has been trading on a typical Channel Down pattern since the February 26 High. The price is now approaching the 1D MA50 (blue trend-line) which is exactly on the pattern's Lower Highs trend-line and has been the Resistance since March 06. It had a clear rejection on May 05 while the 1D MA200 (orange trend-line)...