KEEPUSD trade ideas
KEEPUSD - D1 Projection 📈
Keep Price is trading within an ascending parallel channel and the price is expected to test a major support zone. Taking into consideration that CKB has been bullish from the beginning of this year, we remain bullish biased. Price rejection of the channel support will lead to a further bullish continuation.
Keep is an incentivized network for storing and encrypting private data on the public blockchain. The network is made of off-chain containers for private data known as keeps, while the KEEP work token enables it to be completely permissionless. Keep solves the main problem holding back blockchain adoption: that data on public blockchains are public. With Keep, developers can finally build fully decentralized apps.
KEEP/USD LongGood day,
DeFi has been the way to go this season. Some major exchanges have listed some coins for still resoanble prices in my opinion.
KEEP has broken diagonal resitance and is stuck between support and horizontal resistance.
Once red line is breached we should be on our way to new highs.
I am also hoping for Ethereum to catch up with Bitcoin, which would give alts some extra fuel.
However, since high volatility can be expected this is a risky play.
I have been accumulation for the last couple month, but it might be worth a shot.
Cant reccomend a good top loss on kraken, since the wicks will hunt them.
This one I will hold for some time, unless major trend reversal signals.
Stay safe & healty.
Cheers
MadX