✴️ SelfKey And The Bigger Picture | Strong Bullish
SelfKey (KEYUSD) hit bottom May 2022, quickly followed by a recovery rally.
This recovery rally ends in a higher low December 2022.
This higher low leads to a strong bullish wave that last until late February.
This is all bullish action and starts after the bear market bottom low in May 2022.
After KEY peaks in February, we have a prolonged correction phase and this is the key... No pun intended.
The current action is all just a correction which means that it is part of the bullish phase.
This is not a bearish impulse nor a bearish move, which means that ones the correction is over we see additional growth.
After peak price in February, an initial low comes in mid-March, same as with other Altcoins and then again mid-May.
Now, other Altcoins went on to hit lower and lower in June but KEY actually hit a higher low in June vs May which is a signal of strength.
Bottom line is this, we are seeing a prolong consolidation phase before the resumption of the bullish wave, which should lead to a new high, a higher high compared to February 2023.
Thank you for reading.
Namaste.
This recovery rally ends in a higher low December 2022.
This higher low leads to a strong bullish wave that last until late February.
This is all bullish action and starts after the bear market bottom low in May 2022.
After KEY peaks in February, we have a prolonged correction phase and this is the key... No pun intended.
The current action is all just a correction which means that it is part of the bullish phase.
This is not a bearish impulse nor a bearish move, which means that ones the correction is over we see additional growth.
After peak price in February, an initial low comes in mid-March, same as with other Altcoins and then again mid-May.
Now, other Altcoins went on to hit lower and lower in June but KEY actually hit a higher low in June vs May which is a signal of strength.
Bottom line is this, we are seeing a prolong consolidation phase before the resumption of the bullish wave, which should lead to a new high, a higher high compared to February 2023.
Thank you for reading.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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.