KSM / TetherUSLong
KUSAMA - Big MA Spread - Long Opportunity
KSM is in a good configuration to open a long position:
- MA50 reversal
- Break of continuation triangle pattern
- There is a big MA Spread between MA50 and MA200 wich can represents oversell prices.
Requirements to open the position:
- Break the pattern in H4 (closed!)
- Optional: wait a retest on the triangle to get a better entry
Targets:
- Resistance at 270-285
=> at this price the ma spread would be smaller.
Stops:
- Exit if prices break the ascending trend (closed)
Good luck
- MA50 reversal
- Break of continuation triangle pattern
- There is a big MA Spread between MA50 and MA200 wich can represents oversell prices.
Requirements to open the position:
- Break the pattern in H4 (closed!)
- Optional: wait a retest on the triangle to get a better entry
Targets:
- Resistance at 270-285
=> at this price the ma spread would be smaller.
Stops:
- Exit if prices break the ascending trend (closed)
Good luck
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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.
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.