Evening Traders,
Today’s analysis- KSMUSDT, trading in a valid apex where a breakout is imminent,
Points to consider,
- Price Action Impulsive
- Range Low S/R Support
- Range High Resistance
- 200 MA Dynamic S/R
- Declining Volume
KSMUSDT’s immediate price action is Impulsive where breaking its internal trend line will increase the probability of testing Range Low- allowing for a long bias.
The Range Low is in technical confluence with the 200 MA and the .50 Fibonacci, marking a true trade location.
The immediate volume profile is declining; this is suggestive of an expansion occurring in the gradual short term.
Overall, in my opinion, KSMUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps.
Thank you for following my work,
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
Today’s analysis- KSMUSDT, trading in a valid apex where a breakout is imminent,
Points to consider,
- Price Action Impulsive
- Range Low S/R Support
- Range High Resistance
- 200 MA Dynamic S/R
- Declining Volume
KSMUSDT’s immediate price action is Impulsive where breaking its internal trend line will increase the probability of testing Range Low- allowing for a long bias.
The Range Low is in technical confluence with the 200 MA and the .50 Fibonacci, marking a true trade location.
The immediate volume profile is declining; this is suggestive of an expansion occurring in the gradual short term.
Overall, in my opinion, KSMUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps.
Thank you for following my work,
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.