KEEPUSD hit its 1W MA50 first the 1st time! Where to buy next!
The Keep Network (KEEPUSD) hit today its 1W MA50 (red trend-line) for the first time in its history. That took place only on the 2nd day after making the most important Double Break, as it broke yesterday above both the 1D MA200 (orange trend-line) for the first time since April 08 2022 and the Lower Highs trend-line that started on June 01 2022.
So far it just pierced through the 0.5 Fibonacci level. We expect the next pull-back to take place once the 1W RSI breaks into the 70.000 overbought region, which is currently very close to. That happened on October 17 2021 and KEEP immediately pulled-back. From that point onwards, every lower Fibonacci level is a potential Support and every upper is a target with our next target being the 0.618 Fib (Golden ratio).
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So far it just pierced through the 0.5 Fibonacci level. We expect the next pull-back to take place once the 1W RSI breaks into the 70.000 overbought region, which is currently very close to. That happened on October 17 2021 and KEEP immediately pulled-back. From that point onwards, every lower Fibonacci level is a potential Support and every upper is a target with our next target being the 0.618 Fib (Golden ratio).
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
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