Kaia: Short-Term
Until the 31st October KAIAUSDT is clearly bullish. The entire chart taken together is bullish based on an ascending channel. Yesterday late at night, a session produced a long upper wick and then we have some bearish action.
We can see some lower highs (see blue line within the channel) and then a clear bearish signal coupled with high bearish volume.
This is a tricky chart and it is mixed, also young; not enough data to make any strong predictions. Since we are looking at it super short-term, 1H timeframe, it seems that bullish momentum is waning and KAIAUSDT is aiming at lower prices.
Namaste.
We can see some lower highs (see blue line within the channel) and then a clear bearish signal coupled with high bearish volume.
This is a tricky chart and it is mixed, also young; not enough data to make any strong predictions. Since we are looking at it super short-term, 1H timeframe, it seems that bullish momentum is waning and KAIAUSDT is aiming at lower prices.
Namaste.
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