Short

KEY short. Drop in regression band with a possible H&S

By umur.ozkul
Updated
Key is dropping. There are 2 possible support levels. Current order book is validating the lower support level for trend reversal
Comment
First support reached
Comment
snapshot
There is still a head and shoulders possibility
Comment
snapshot
Comment
It reacheched a support level now (358). It is trying to stop there

If support fails, the lowest support it will go down to is 268
Comment
snapshot
Comment
Waiting for support confirmation
Comment
snapshot
Still not confirmed...
Comment
Still crashing.
There is a pattern
1 small rise
2 small drop
3 possibly bigger rise
4 crash!

Each episode is approx 7 hours. Killing the traders that believe the bottom is found.
Trade closed manually
snapshot

End of short. Out of Regression Band
keybinanceKEYBTCTrend Analysis
umur.ozkul

Disclaimer