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KEYUSDT trade ideas

KEY WEEKLY - UPDATE 12/22/2020 - There's a Bull Run? Had No IdeaWe're still seeing consolidation! This is a very long period of consolidation, obviously, which generally means a bigger move when it eventually comes because you have that much more accumulation that's taken place. More sideways movement means bigger eventually up movement. (hopefully that holds true here at least lol) We did see our first substantial buy volume in some time on last weeks candle, though it was snuffed out fairly quick into this weeks. That said this week is very young and the alt's are moving like we stole them so there's an alright chance this candle or the next we'll start seeing a breakout. We're closing in on the end of our wedge, so we gotta move somewhere! I don't think we'll break down from here, Just can't see that in the cards with how many opportunities it has had in the past... well quarter really. But if it does our support levels are marked in yellow. RSI is in an interesting spot, showing some strength for the first time since Mid September before stalling just outside oversold. MACD is fairly neutral: strong position but stalled in a bearish cross. Short term targets marked green on a breakout if you're trading it that way. If you're holding long term top TP would be good to secure SOME profit, but likely much more headroom long term (see prior ideas for potential targets there.)
KLong
by cryptosince1963
14
KEY WEEKLY - UPDATE 12/15/2020 - I Forgot to Hit Publish! Sry!So. As the title says I forgot to hit publish on my weekly KEY update. Off to a flying start! We see our last candle killed our TD9 dreams; but that's OK as we're still in the wedge, thought fighting at the bottom. Volume is still declining, which is surprising as it was already getting low now it's practically non-existent mind you the candle for this week is young.. All in all, our chart hasn't changed a whole lot: We're still hanging above EMA 21 (albeit right on it at this moment), we still seem to be consolidating within the wedge, our uptrend is still very healthily intact. Basically the only interesting thing is the RSI seems to be fighting upwards off the bounce from the lower boundary of the consolidation wedge. An interesting reaction to say the least, and definitely signs of bullish support. Kind of a boring one but that's the life we lead when it comes to the alts some times. We're seeing massive growth in other small and mid cap coins (especially today on the mid-cap) and I don't anticipate that trend to stop for... Well it could be a long time. We are likely to see more consolidation on this chart for a short while longer, bottom line. With this low of volume and this much sideways movement the size of the eventual breakout grow ever larger... But that could also take a while. UNTIL NEXT WEEK! (ish) This is not financial advice.
KLong
by cryptosince1963
19
KEY - 12/07/2020: Nearing the End of Consolidation? Merry X-Mas?Looking at our new weekly candle on KEY, we see... more of the same?! Indeed - prices seem to be clearly consolidating in a parallel wedge, further confirmed by the declining overall volume. If you have read any of my other ideas, you'll likely know wedges are my favourite formation as they quite often point to incoming price movement and you can get very clear confirmation one way or the other as to where you're going. Indicators are still looking good for a breakout at some point in the near future, might be closer than I originally thought with our current consolidation having a few weeks left before we have to have movement one way or the other. Interestingly, we're getting closer and closer to a full buy signal on the TD9 Sequential indicator. This would be confirmed Approximately 3 weeks from today; right between Christmas and the end of the year. This falls within the tip of the wedge! Not a perfect place for a breakout but what is perfect really? Point is: the last time we had a full TD9 buy signal was good times. I know this chart is a grind... I don't enjoy waiting any more than any one else! But we all know this is a winner in the making. History repeats itself and it will soon again. This isn't financial advice! See y'all on the next KEY update once we get another weekly candle, until then be safe.
KLong
by cryptosince1963
5
KEY - December Update: ALT Season Soon Time?Looking at one of my favourite alt's (and seemingly everyone elses!) SELFKEY once again today. It's a monster in the waiting, but like Tom Petty said the waiting is the hardest part. We saw a pretty good series of shakeouts last week, but the weekly candle closed above EMA 21 in what's almost a doji. Bottom support line for the uptrend seems to be all but forgotten about as the shakeouts couldn't even challenge EMA 21. Decent sell volume on the weekly is beat by the buy volume the week before. This is a pattern we saw just before the last breakout. We see this pattern also on the monthly chart, with buy volume posting a good month in November: Something noted on the chart, RSI is trending extremely low despite the relative strength we're seeing elsewhere in the chart. This is of course due to RSI being Relative Strength, and relative to the recent pops on the chart it has been weak. EMA RSI is still strong, so this is a good sign of long term growth, hard to go down when you're rock bottom. We are seeing the very start of an uptrend potentially forming, too early to confirm anything however. When we get going up it'll be a BIG move up.. BOTTOM LINE: We may be looking at a couple more weeks of building and slow accumulation as the volume begins to build across the alt markets and BTC chills out a little bit. The volatility right now is costing the impatient lots of money, so be careful out there and wait for things to normalize slightly before going risky mode. You can't foresee the futures when there's no past to go on, and we're entering uncharted territory across the markets within the next year likely. -- I am going to post weekly updates on this coin as I am receiving daily requests for it, which is great! I really appreciate everyone who takes the time to contribute to my posts and support/criticize my ideas. Any input makes us all better and that's why I make these posts public. That said, with the volatility in the market our weekly chart seems to be the best road-map forward; so expect the next update in around 7 days time 🤙 This is not Financial Advice. 🤙
KLong
by cryptosince1963
4
KEY - UPDATE: Big Volume Starting, Big Profit Coming?KEY, my favourite moon-shot, posted it's biggest volume week in some time - doubling last weeks volume. KEY is a really interesting project, from their website, selfkey.org: Start a new business, open a new bank account, or get documents notarized through the SelfKey Marketplace. Powered by the KEY token and priced against USD, the SelfKey Marketplace provides access to a variety of services with full transparency on documentation requirements, cost, and total processing time. Majority of this came yesterday, With a pullback once it started to test it's upper resistance as BTC pulled the market back. I'd expect a move up in the coming weeks at this rate. This is a low volume pair, by Binance standards at least; so resistance is limited. Big chunk of the order book got eaten yesterday. MACD is heading to a bullish cross. RSI is so oversold there's a picture of it in the dictionary as the definition for oversold. Short term targets are mapped on fib up to fib 3. A comment on my previous idea said to imagine the profit if it reached $1+. Let's imagine shall we? Big gains soon. Love you all 🤙 This isn't financial advice.
KLong
by cryptosince1963
8
SELF KEY...Wait for Resolution PhaseReally important to me Please support my work by like or leave a comment By "following" you can always get new information quickly. This work allows, the analysis reaches to other traders "THANKS" you in advance for your support ......................................................................................... In 26 Aug price could printed new ATH (All Time High),completing action phase after that start to downward, probably consolidate a path on 127% fibo extension,completing reaction phase and then recover all of losses and posted another round of all-time highs, completing the resolution phase but good to know this phase may take weeks or months 261.8 and 361.8 can be potential targets. Always Remember "Plan your trade and trade your plan." GOOD LUCK
KLong
by E_PLURIBUS_UNUM
KEYUSDT AnalysisEngineeringRobo and I are Bearish about KEY at the moment Holding KEY is not advisable at the moment. If you are interested in buying KEY your options are: - Buy with EngineeringRobo buy signals - Buy if candles break above the 0.00210 resistance level, turning it to the support level - Buy at the 0.00131 support level. - You can buy if the candles touch the MA200 line coming from above the line. If buying with EngineeringRobo buy signals, pay close attention to EngineeringRobo sell signals. If you are interested in using EngineeringRobo, DM me!
K
by DanFox0x7C6
2