KSM / TetherUS
Panjang

KSMUSDT PA Range| Internal S/R| 200 MA| Declining Volume

245
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

Penafian

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