KRL USDFirst and foremost this is not financial advice. All financial decisions are your
sole responsibility.
I was scrolling around and noticed something interesting.
After a major move to the upside, KRL seems to now be in some
corrective wave pattern. Notice the bullish hidden divergence in the
RSI. Price is making higher lows while RSI is making lower lows.
Although RSI is not making higher highs, the probabilities that KRL has a nice
bounce here looks probable. If KRL breaks and closes down, idea is then invalid!
KRLWETH_1BC877.USD trade ideas
Been trying to find the bottom and KRL and this might be it.A falling wedge pattern shows that this might be the nearing the end of this consolidation phase.
In that case we can expect a decent push for $KRL towards it's all time highs and further for this bull run.
Still considering the fact that the project is building on AI capabilities, we can expect a boom based on fundamentals as well given the tokens small market cap status on Coinbase and its low supply token.
#btc #eth #KRL
Kryll about to fly again from this consolidation zone. As the AI features are set to release soon, this small-cap gem that is on Coinbase and KuCoin is set to fly hard yet again following it's consolidation.
$KRL is also relatively highly undervalued compared to its competitors like AMEX:ZIG and $PAAL despite it being listed on big name exchanges and working on huge potential AI features.
KRL - A low cap AI token on Coinbase that's about to go berserkThis project has been developing for the last number of years and is now building AI financial trading tools but it's flying under the radar.
This thing is a no brainer when it comes to buying into crypto with the current automation climate growing thanks to AI.
The technicals show a clear bottoming while the avg volume has been steadily increasing. This is an easy 10-100x.
Kryll (KRL)On the above 4-day chart price action has corrected over 90% since $4.50 in November 2021. Now is a good opportunity to go long. Why?
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout (not both USD and BTC pairs).
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=1-2% of portfolio - Tiny market capital !!
Timeframe: Don’t know.
Return: Don’t know.
Kryll ready for a runKryll/USD: Coinbase Pro
- Kryll is a trading platform that was launched in 2018. The asset recently launched on Coinbase Pro in early November.
- After a recent 40% pullback, market cap of just 100 million. This one is poised to climb!
Comment with your thoughts, smash a like and follow!
Update from LUNA Trade: still long and KRLUSD also made an ATHwith prior days show strong uptrending moves the entering after a higher high was a valid entry on both cryptos, now I am trailing my stop below the low of the hourly bar.
stay tuned for more crypto plays, if you do correct position sizing the upmove on LUNA was the only trade you need to do per month :-)