Karura $KAR Broke out from bearish trend. I expect an excellent new cycle for Karura coin. Great team and technology.
Manage your risks and take profit along the way. Target is on chart.
KARUSDT
Karura is ready to start her ascent to the heightsGreetings to you crypto lovers! Today we will consider a project from the Polkadot ecosystem. Elliott wave analysis shows that perhaps the finest hour is coming for Karura.
On November 24, the price reached $5.37, after which it jumped to $7.30 with strong sales by the end of the day. My approximate target for the completion of wave 2 was the value of $5.376 - $5.342. As you can see from the picture, a key level was crossed, which tells me indirectly about the wind change. Many indicators are also beginning to signal this.
I think that wave (ii) of ((i)) of 3 is being formed now. If this idea is correct, then Karura should soon reach new heights, and with super-speed.
KARUSDTSeems like the ABC correction waves have been completed and now we can see the begging of 12345 Upside waves. DYODD, not financial advice!
KARUSDTAs you can see on the graph, I am still waiting for the E wave to fully complete the impulse. DYODD and trade safe! Not financial advice.
LongEXCHANGE KU COIN
COIN: KARURA
PAIR: KARUSDT
Broke out @ 8.34 can and retesting
we can take long positions @ 8.3 & 8.4
with the stop loss of 8.12
Tp 1 9.4 Tp 2 10.8 it has the potential to
break all time high of 13.73
For Long term Hodlers 3x 5x
#karura #karUp or down, I think an uptrend is possible.
down trendline breakout
We have a good volume level here.
Super trend indicator shows buy signal
RSI down trend breakout
$KAR gaining Momentum 👀#Karura, $KAR trading within an ascending channel.
The expectation is that volume picks up and a breakout to the upside occurs. Then we hit our first
target of $25, then hit our second target of $47 shortly after. However, I put a question mark
and highlighted the volume. As i stated within the chart itself. Volume needs to increase as we continue to trade within the channel.
If it doesn't, it means the bears have taken over and a breakdown to the downside will occur.
Keep a close eye on the volume! This gem could 🚀🚀🚀🚀🚀🚀🚀🚀
🔥$KAR Price discovery mode on the Horizon!KAR is one of the newly listed tokens on Kucoin this pasy July.
KAR has been trading within an ascending channel.
I am expecting this 💎 to breakout eventually, and launch into full price discovery mode.
Creating a New ATH around $25, possibly higher to $28-$30.
$KAR the Defi 💎...🚀 to +$100 by the EOY??
As you may already know from my previous EOY predictions. The 3 flags represent 3 scenarios of where the price could end up the the EOY 2021, assuming that's when Bitcoin peaks.
Green being the best case scenario.
Red being the worse case scenario.
Yellow being moderate or the more than likely scenario.
The best case scenario for Karura ($KAR), a Defi 💎 that have many well-known & credible backers within Andrews' Pitchfork Model is
that it ends up in somewhere in that blue upper channel and is priced somewhere between $114-$154 by the end of the year.
What is more than likely to happen by the end of the year is that it ends up in anywhere within that middle green channel and is sitting around a price of $86 - $113 by he EOY.
The scenario that could possibly happen, but seems a tad bit unlikely is that $KAR is sitting around a price $76-$83 bucks, and ends up in that lower blue channel by the EOY.
With a lot of credible backers, an Amazing Team, a working product, Just a 100 mil supply and an ATH of only $9. This baby is going to be in price discovery soon!!!
I believe $KAR will make a lot of people money, and ends ups either in the upper blue channel or green median channel within Andrew's Pitchfork Model.
Which means the price IMO will be $100+ by the EOY, but as they say in crypto... anything can happen.
This is one Defi project that i can see a lot of people catching on to in the coming months, this is one project you would want to be in early.
Just take a look their backers, you won't regret it!
Another one of my 💎's & of my long-term holds for sure!