KGW, 1D - Analysis on price movement
Y wave, target (E) within stipulated time.
Price has crossed down up Kumo which shows strong selling pressure is in position. Nearest resistance is Senko span B and Tenkan sen.
S - 0.19
Need strong momentum with high volume to push price upward but need to breakout 52w high (0.295) to reach price target (E).
Note:
1. Analysis for education purposes only.
2. Trade at your own risk
Price has crossed down up Kumo which shows strong selling pressure is in position. Nearest resistance is Senko span B and Tenkan sen.
S - 0.19
Need strong momentum with high volume to push price upward but need to breakout 52w high (0.295) to reach price target (E).
Note:
1. Analysis for education purposes only.
2. Trade at your own risk
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.