Looks like KASUSDT is wrapping up an ABCDE reversal pattern right on the daily 50EMA — point E seems to be the final touch.
What stands out is how that 50EMA is acting like a brick wall — price got rejected at A, C, and now again at E.
My target’s the support zone marked on the chart.
I’m not setting a tight stop — too easy to get wicked out by some stop-hunting move.
I’ll only cut the trade if we get multiple candle bodies closing clean above the daily 50EMA.
What stands out is how that 50EMA is acting like a brick wall — price got rejected at A, C, and now again at E.
My target’s the support zone marked on the chart.
I’m not setting a tight stop — too easy to get wicked out by some stop-hunting move.
I’ll only cut the trade if we get multiple candle bodies closing clean above the daily 50EMA.
Trade closed manually
Closing the trade at current price with profit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.