Keyusdtlong
Key/Usdt Breakout Alert Key/USDT is currently showing signs of confirming a breakout of a symmetrical triangle pattern on the 4-hour time frame. This pattern typically indicates a period of consolidation and uncertainty, with a potential for a significant price movement in either direction upon breakout. In this case, the breakout seems to be bullish.
For a more accurate forecast, it's important to wait for confirmation through a retest of the breakout level. A successful retest often suggests a stronger confirmation of the breakout. In the event of a successful retest, we may anticipate a bullish move ranging from 40% to 80% based on historical patterns and price action.
However, it's crucial to remember that trading and investment decisions should always be taken cautiously. This analysis is not financial advice, and it's strongly advised to conduct your own research (DYOR) and consider various factors before making any trading decisions.
KEY/USDT Bullish Momentum for KEY, Ready to bounce from the here💎 KEY has recently exhibited notable market dynamics, currently undergoing a retesting phase at the support level which previously acted as resistance. This retest is crucial for maintaining upward momentum and potentially reaching our target resistance area.
💎 However, if KEY fails to bounce from this support level and even breaks down below it, it could signal a false breakout and a reversal of the upward trend. In such a scenario, the price may retreat towards the demand area or the Bullish OB zone.
💎 It's important to note that KEY needs to successfully bounce from these key levels and reclaim the resistance areas to sustain the upward trajectory.
💎 Failure to do so, especially if the Bullish OB area is breached, may result in continued downward movement, potentially leading to further declines.
KEY/USDT Break Alert!! Price will retesting and continue Upward!💎 KEY has recently displayed notable market dynamics. Currently, KEY has broken out of the resistance with significant volume and a strong candle.
💎 However, the price needs to undergo a retesting phase first at the support level, which was previously acting as resistance, before continuing its upward movement, probability reaching our target strong resistance area.
💎 Upon reaching the support area, it is essential for KEY to bounce. Failure to do so, or a breakdown below the support, could signal a false breakout, resulting in a reversal of the upward movement. In such a scenario, the price may retreat to the demand area or the Bullish OB area.
💎 It is crucial for KEY to bounce at both the support and Bullish OB areas to maintain its upward momentum and adhere to the plan. However, if KEY breaks down below the Bullish OB area, the downward movement may persist, leading to further declines.
KEY/USDT - Selfkey: BBand Breakout◳◱ On the $KEY/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.006361 | 0.006801 | 0.007974 and support near 0.005188 | 0.004455 | 0.003282. Entering trades at 0.006412 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Selfkey
▣ Rank: 565
▣ Exchanges: Binance, Bybit, Gateio, Hitbtc
▣ Category/Sector: Financial - Identity
▣ Overview: SelfKey is a decentralized identity management system that providers users with a non-custodial identity and crypto wallet. Through the wallet, the user can control their identity data and documents, and also signup for new financial services through various fintech marketplaces. SelfKey allows users to signup for a new company, bank account, manage their personal or corporate identity, or apply for a crypto loan in a single click.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.006412 ₮
▣ 24HVol: 11,382,042.998 ₮
▣ 24H Chng: 12.334%
▣ 7-Days Chng: 23.19%
▣ 1-Month Chng: 9.92%
▣ 3-Months Chng: 46.52%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.006361 | 0.006801 | 0.007974
◢ Support: 0.005188 | 0.004455 | 0.003282
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.79
▣ Last 90D: 1.70
▣ Last 1-Y: 0.94
▣ Last 3-Y: 0.90
◲◰ Volatility :
▣ Last 30D: 0.74
▣ Last 90D: 0.73
▣ Last 1-Y: 1.60
▣ Last 3-Y: 1.68
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.42 - Bearish
▣ Reddit sentiment score is 0.59 - Bullish
▣ In-depth KEYUSDT technical analysis on Tradingview TA page
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◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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