KeyBTC Breakout, Stop-loss and Scenarios
Updated
Hello Guys!
KeyBTC shown good performance last night with 17% profit in the bloody market. Currently RSI, Chart and MACD show correction. If any candle placed below the green line new support should be 116 and hodlers should stop-loss at 122.
New buyer will show them self in the battle zone (110-116) and push the price higher to 144.
In this Scenario if breakout happens in 144 you can sell for 158 and open.
Bad Scenario is below major support 116, If that happens we should wait for new patterns. In this case the next critical support is 102.
Good Scenario is testing 144 resistant again Now.
KeyBTC shown good performance last night with 17% profit in the bloody market. Currently RSI, Chart and MACD show correction. If any candle placed below the green line new support should be 116 and hodlers should stop-loss at 122.
New buyer will show them self in the battle zone (110-116) and push the price higher to 144.
In this Scenario if breakout happens in 144 you can sell for 158 and open.
Bad Scenario is below major support 116, If that happens we should wait for new patterns. In this case the next critical support is 102.
Good Scenario is testing 144 resistant again Now.
Trade active
Stop-loss activateTrade active
Buy on 112-113Trade active
Testing 102 Critical support. this support is heavily strong and it should give upward momentum to the price action. So watch out and buy some on this level 102 with 3% of negative stop-loss
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.