KEY
$KEYBTC Long#SelfKey is a nice project with a very volatile price action.
In my opinion $KEY has bottomed out against $BTC. So, maybe a nice volatile green candles are cooking out...let´s see.
Remember this is NOT a financial advise...DYOR.
#StaySafe....#HappyTrade
selfkey.org
NZD/USD - Evolved Structure and LevelsWe can see price has now reversed - we expected dollar strength and this is what we're continuing to see through London this morning. Lets see how price develops on the pair through New York in around 4 hours time.
Identify key trends, key breaks, key structure levels. We're expecting more downside movement on the pair.
Happy Trading! Hope you all have a great week. Remember, any analysis questions drop me a message!
KEY - UPDATE: 01.09.2021 - The Day before Liftoff?Has the time come? Has our hodling finally paid off? if that really is a breakout, with volume confirmation.... we're gonna moon, very very soon...
All indicators are pointing towards a big breakout. 24hr volume over 4m across various exchanges.
Gonna be big if this goes. It's been consolidating FOREVER.
...And if it does go... One of my followers owes me an invite to his wedding ;) Now there's the real win!
KEY UPDATE - 2021-01-04 - We only Consolidate so Long. Wait it!I have returned! And not a moment too soon it seems. I apologize for the hiatus, sometimes things fall apart, sometimes things come together, you know how life goes.
Anyway, on to the chart, we looked like we broke the wedge, but then stopped @ the bottom trendline, essentially widening the wedge. this is an interesting turn of events to be sure!
RSI appears to be showing hidden divergence, the price is trailing higher on the chart while the RSI is lower.
We've been consolidating and accumulating for months now.
The market is finally starting to cycle to alts from BTC. high cap had their day sunday, Monday has been mid cap push... Will tuesday be the shitcoin push?
Fundamentally, selfkey is releasing a defi platform KEYFI.
I believe all these factors will push us up to around the 2 cent mark, probably not all at once. I'm looking at this with a fresh perspective, as the market has changed a lot in the past weeks.
Past targets on the way up there are still valid.
This is not financial advice. But if you want financial advice, I would suggest you get some financial advice from someone offering financial advice.
Key decisionsOptimal buy at 14-15 if you're a buyer of the 'Dips'.
Other indicators show it can go lower, but I'm posting my long here now to 10.
KEY WEEKLY - UPDATE 12/22/2020 - There's a Bull Run? Had No IdeaWe're still seeing consolidation! This is a very long period of consolidation, obviously, which generally means a bigger move when it eventually comes because you have that much more accumulation that's taken place. More sideways movement means bigger eventually up movement. (hopefully that holds true here at least lol)
We did see our first substantial buy volume in some time on last weeks candle, though it was snuffed out fairly quick into this weeks. That said this week is very young and the alt's are moving like we stole them so there's an alright chance this candle or the next we'll start seeing a breakout.
We're closing in on the end of our wedge, so we gotta move somewhere!
I don't think we'll break down from here, Just can't see that in the cards with how many opportunities it has had in the past... well quarter really. But if it does our support levels are marked in yellow.
RSI is in an interesting spot, showing some strength for the first time since Mid September before stalling just outside oversold.
MACD is fairly neutral: strong position but stalled in a bearish cross.
Short term targets marked green on a breakout if you're trading it that way. If you're holding long term top TP would be good to secure SOME profit, but likely much more headroom long term (see prior ideas for potential targets there.)
KEY WEEKLY - UPDATE 12/15/2020 - I Forgot to Hit Publish! Sry!So. As the title says I forgot to hit publish on my weekly KEY update. Off to a flying start!
We see our last candle killed our TD9 dreams; but that's OK as we're still in the wedge, thought fighting at the bottom.
Volume is still declining, which is surprising as it was already getting low now it's practically non-existent mind you the candle for this week is young..
All in all, our chart hasn't changed a whole lot: We're still hanging above EMA 21 (albeit right on it at this moment), we still seem to be consolidating within the wedge, our uptrend is still very healthily intact.
Basically the only interesting thing is the RSI seems to be fighting upwards off the bounce from the lower boundary of the consolidation wedge. An interesting reaction to say the least, and definitely signs of bullish support.
Kind of a boring one but that's the life we lead when it comes to the alts some times. We're seeing massive growth in other small and mid cap coins (especially today on the mid-cap) and I don't anticipate that trend to stop for... Well it could be a long time.
We are likely to see more consolidation on this chart for a short while longer, bottom line. With this low of volume and this much sideways movement the size of the eventual breakout grow ever larger... But that could also take a while.
UNTIL NEXT WEEK! (ish) This is not financial advice.
KEY - Head and Shoulders Potential Move -ve 38% I own this stock, and I'd prefer not to sell, I have to accept that price can move on technicals if there is a catalyst. Could be some tax-loss harvesting, vaccine troubles, insert reason here. RSI showing bearish divergence. Would prefer that the neckline is tested in the next month or so, at 20, which presents a good buy price to add, of course with the yield climbing as the stock goes down and if it goes down, anywhere between 18-22 is a sweet spot for my account as long as price does not collapse and the fundamentals remain decent. If the neckline fails to protect this stock can go all the way down to 15 and change which would represent a measured move to complete the head and shoulders pattern, and something bad happening (excuse). Also earnings report in February can potentially cause some volatility here.
I will have to look at other midstream companies to determine if this is an outside case for the industry. If it is systemic, then I might be seeing something similar with other names, ENB and PPL. Oil and Gas have done quite well in the last month and a half, so if the trend continues this will only be a pattern that does not manifest most likely.
PPL Cup and Handle - of use for aggressive traders perhapsMidstream linked Analysis KEY, PPL, to a lesser degree ENB
Tracking some minor bearish divergence on the 4hr RSI, this is a supplemental analysis with regards to a study for KEY > trying to see if there is an overall pattern for the industry as a whole. I am not interested in looking for a sell on either of these, but I must report what I see. Thus far, both stocks have performed incredibly well over the course of the last four weeks, coinciding with a post election (US Presidential 2020) boom. The only commonality other than steady buying since Mid-November of 2020 is RSI bearish divergence on the 4 hour chart seen at this time on both stocks. Bearish divergence by itself does not guarantee lower prices in the near term, but it is a possibility. Perhaps this can point to caution for new investors looking to start a position on either of these two companies at this time, where a waiting period might provide better entries. This can also help investors looking to add to existing positions with significant upside still available over the course of the next few months for both stocks. Both stocks provide an attractive yield even at these levels for buy and hold strategies however. Current resistance on PPL is 34.80 where I would expect for at least token distribution to occur at supply levels. Next week will be key as this would be the last week of decent volume for the year of 2020. For the record, I own both companies at lower levels, and I am looking to deploy some spare cash for lack of other significant opportunities at this time as I can always use additional dividend income.
Next analysis will be fundamental for both; I will post anything of interest on either company.
KEY - 12/07/2020: Nearing the End of Consolidation? Merry X-Mas?Looking at our new weekly candle on KEY, we see... more of the same?!
Indeed - prices seem to be clearly consolidating in a parallel wedge, further confirmed by the declining overall volume.
If you have read any of my other ideas, you'll likely know wedges are my favourite formation as they quite often point to incoming price movement and you can get very clear confirmation one way or the other as to where you're going.
Indicators are still looking good for a breakout at some point in the near future, might be closer than I originally thought with our current consolidation having a few weeks left before we have to have movement one way or the other.
Interestingly, we're getting closer and closer to a full buy signal on the TD9 Sequential indicator. This would be confirmed Approximately 3 weeks from today; right between Christmas and the end of the year. This falls within the tip of the wedge! Not a perfect place for a breakout but what is perfect really? Point is: the last time we had a full TD9 buy signal was good times.
I know this chart is a grind... I don't enjoy waiting any more than any one else! But we all know this is a winner in the making. History repeats itself and it will soon again.
This isn't financial advice! See y'all on the next KEY update once we get another weekly candle, until then be safe.
KEY - December Update: ALT Season Soon Time?Looking at one of my favourite alt's (and seemingly everyone elses!) SELFKEY once again today. It's a monster in the waiting, but like Tom Petty said the waiting is the hardest part.
We saw a pretty good series of shakeouts last week, but the weekly candle closed above EMA 21 in what's almost a doji. Bottom support line for the uptrend seems to be all but forgotten about as the shakeouts couldn't even challenge EMA 21.
Decent sell volume on the weekly is beat by the buy volume the week before. This is a pattern we saw just before the last breakout.
We see this pattern also on the monthly chart, with buy volume posting a good month in November:
Something noted on the chart, RSI is trending extremely low despite the relative strength we're seeing elsewhere in the chart. This is of course due to RSI being Relative Strength, and relative to the recent pops on the chart it has been weak. EMA RSI is still strong, so this is a good sign of long term growth, hard to go down when you're rock bottom. We are seeing the very start of an uptrend potentially forming, too early to confirm anything however. When we get going up it'll be a BIG move up..
BOTTOM LINE:
We may be looking at a couple more weeks of building and slow accumulation as the volume begins to build across the alt markets and BTC chills out a little bit. The volatility right now is costing the impatient lots of money, so be careful out there and wait for things to normalize slightly before going risky mode. You can't foresee the futures when there's no past to go on, and we're entering uncharted territory across the markets within the next year likely.
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I am going to post weekly updates on this coin as I am receiving daily requests for it, which is great! I really appreciate everyone who takes the time to contribute to my posts and support/criticize my ideas. Any input makes us all better and that's why I make these posts public. That said, with the volatility in the market our weekly chart seems to be the best road-map forward; so expect the next update in around 7 days time 🤙
This is not Financial Advice. 🤙
Selfkey vs TetherUS Strongly Bullish (180% Mapped)Here is another pair that looks good vs TetherUS... KEYUSDT.
We have a very strong consolidation, its price remains above EMA10/50/100/200/300 and MA200.
The RSI is super bullish while curving up.
Volume still low but starting to increase and finally... The MACD is in the bullish zone and looking ready to POP!
The next target is marked on the chart.
Thanks a lot for reading.
Namaste.
KEY - UPDATE: Big Volume Starting, Big Profit Coming?KEY, my favourite moon-shot, posted it's biggest volume week in some time - doubling last weeks volume.
KEY is a really interesting project, from their website, selfkey.org: Start a new business, open a new bank account, or get documents notarized through the SelfKey Marketplace. Powered by the KEY token and priced against USD, the SelfKey Marketplace provides access to a variety of services with full transparency on documentation requirements, cost, and total processing time.
Majority of this came yesterday, With a pullback once it started to test it's upper resistance as BTC pulled the market back.
I'd expect a move up in the coming weeks at this rate. This is a low volume pair, by Binance standards at least; so resistance is limited. Big chunk of the order book got eaten yesterday.
MACD is heading to a bullish cross.
RSI is so oversold there's a picture of it in the dictionary as the definition for oversold.
Short term targets are mapped on fib up to fib 3. A comment on my previous idea said to imagine the profit if it reached $1+. Let's imagine shall we?
Big gains soon. Love you all 🤙
This isn't financial advice.
GBP/AUD could PUMP soon!Hey tradomaniacs,
looking at GBP/AUD it looks like we could see a PUMP soon if market continues the climb within the current trendchannel andb reaks above the daily key-resistance-zone.
As always, this pair is very risky to trade as POUND is volatile due to Brexit-Talks.
Cross-Pairs are hard to predict due to the current Corona-Topic and its volatility in the market.
If you want to buy this pair, wait for the break above the key-resistance-zone to get a confirmation.
DAILY-CHART showing a nice previous fake-out to the downside which is showing big players doing their business with stop-loss-fishing.
I personally don`t like to trade this pair and post this as inspiration for the GBP/AUD-Fans. :-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
BTCUSD Another victory + New tradeHello traders! Happy 6th consecutive victory in btcusd and 7th victory is near the target.
In my previous analysis, I also gave you the entry guide for next trade and it gave clear Buy above 13335 and now it close to its target.
80% chance of next trade is for sell so ready to sell after confirmation target will be 13335 key level.
As I told you my key levels are not the normal levels it predicts future support and resistance I work on the formula which gives me numbers after that I just put horizontal line on the derived number and you can see how perfect are they.
Enjoy the pips..
Hit the like button if you are making big and follow to stay connected.
KEYUSDT AnalysisEngineeringRobo and I are Bearish about KEY at the moment
Holding KEY is not advisable at the moment.
If you are interested in buying KEY your options are:
- Buy with EngineeringRobo buy signals
- Buy if candles break above the 0.00210 resistance level, turning it to the support level
- Buy at the 0.00131 support level.
- You can buy if the candles touch the MA200 line coming from above the line.
If buying with EngineeringRobo buy signals, pay close attention to EngineeringRobo sell signals.
If you are interested in using EngineeringRobo, DM me!
Reverse My Gann Fan KEY/BTC $KEY #selfkey #crypto #altcoins #btcHere is our Gann Fan indicator - but reversed ! As you can see KEY hit the top of that blue band around 85 sats but our MACD and RSI are both bearish .We are definitely having a hard retrace down here . Now look at possible price targets below us . How low will it go ? We have already wicked into that light purple band , the bottom of which is 29 sats . We are almost certainly going there . Even below that is the orange colored band which bottoms out at 18 or 19 sats , it's likely at some point we see that price but it could take awhile .
To sum up - KEY is reversing now after a massive pump -
Targets below us are
29 in short to mid-term
18 or 19 sats mid to long-term
I would wait til we see those targets along with other signs of a turnaround (such as MACD and RSI turning up ) before I buy again .
For now it's a waiting game .
Also please dont chase pumps !
SelfKey (KEY) Long-Term Targets (Over 1800% Total Potential)SelfKey (KEYBTC) just had a very strong bullish breakout... Prices moving above EMA10, EMA50, and EMA100 in one single weekly candle.
We also have a volume breakout and the strongest volume bar since June 2018, when KEYBTC hit its All-Time High (ATH).
From the current price to ATH, we are looking at 1150%+ of potential profits.
If we look at the Fibonacci proportions, we can map over 1800% to a new ATH, with even more growth possible long-term.
This is not financial advice.
You need a fully thought-out plan/strategy before trading this or any other altcoin pair.
Thanks a lot for your continued support.
Namaste.