KLAYUSD is about to rise aggressively.Klaytn (KLAYUSD) broke today above its 1D MA200 (orange trend-line) for the first time in 6 months (since May 08). This is a major bullish break-out for the medium-term as the price is on the rise after making a Lower Low at the bottom of the 1 year Channel Down. That was the last Resistance to break in a series of bullish break-outs, first the 1D MA50 (blue trend-line), then the Inner Lower Highs, followed by the 1D MA100 (green trend-line).
The price is about to form a 1D MA50/ MA100 Bullish Cross, and last time we saw this pattern (February 08), the price immediately responded with the 2nd part of the bullish leg's rally. We are targeting 0.26500, which would represent a +154.23% rally from the bottom, similar to the peak of February 20.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Klaytnsignals
Klaytn (KLAY) formed bullish Gartley for upto 33% pumpHi dear friends, hope you are well and welcome to the new trade setup of Klaytn (KLAY) with US Dollar pair.
On a daily time frame, KLAY has formed a bullish Gartley move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KLAYUSDT Strong rebound but has a lot of Resistances ahead*** ***
For this particular analysis on Klaytn we are using the KLAYUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where KLAY is having today an enormous 1D candle, the strongest since July 29, which was a technical top (Lower High). The 1D RSI has rebounded from deep beneath the oversold barrier but the previous two times this happened in 2022 (May 12 and June 15), the price failed on key Resistance levels, which we will discuss below.
The May rebound failed below the 1D MA50 (blue trend-line) and got rejected just below the 0.382 Fibonacci retracement level. The June rebound slowly broke above the 1D MA50 but got rejected on the 1D MA100 (green trend-line), which is basically unbroken since March 29.
As a result, we can only approach this on a short-term break-to-break basis. If the price breaks above the 1D MA50, we can target the 1D MA100, and if it breaks above that too, then the 1D MA200 (orange trend-line). There is still a long way for KLAYUSDT to recover within this 2-year Channel Down.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
KLAY take profit levelsGATEIO:KLAYUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets
➡️Green box was a previews resistance zone in 2020 now its a strong support level
➡️Take profit levels marked green checkmark around 78% from current price! 10% stop loss so high so better use low Leverages or less amount of position
➡️0.5 and 0.618 take profit levels. Add liquidity to your position you can if we retest -0.18 level again. But only up to your risk.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
KLAYUSD Potential for a strong +75% rallyKlaytn has been performing very well lately and hit this week the 1D MA200 (orange trend-line) for the first time in almost a month. It appears that its recovery can be fast-forward and the reason is that it hit and rebounded exactly on its long-term Buy Zone (green region on your chart).
Based on the RSI however it may still have a some way before registering a new All Time High (ATH) as first it needs to break above its 2.600 Resistance. That is based on a similar fractal from September 2020 - January 2021. It was when KLAY broke above its Resistance that rallied to its ATH. Until then, it gave trade opportunities for great short-term profit on its Buy Zone.
Such an opportunity for a major rally is approaching, as if the Lower Highs trend-line from the ATH breaks, most likely will target the 2.600 Resistance. That represents a +75% profit opportunity from the current levels.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------