A key bullish trendline has been broken to the downside, and we now have a bearish CH on the chart.
A three-drive pattern is also visible, which may indicate buyer exhaustion and the presence of sellers.
Price is currently pulling back to the order zone before potentially dropping further.
We are looking for sell/short positions within the supply zone.
Targets are marked on the chart move your stop to breakeven at the first target.
A daily candle close above the invalidation level will invalidate this analysis
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What is your opinion about KAITO?
A three-drive pattern is also visible, which may indicate buyer exhaustion and the presence of sellers.
Price is currently pulling back to the order zone before potentially dropping further.
We are looking for sell/short positions within the supply zone.
Targets are marked on the chart move your stop to breakeven at the first target.
A daily candle close above the invalidation level will invalidate this analysis
If you would like us to analyze a coin or altcoin for you, first like this post, then comment the name of your altcoin below.
What is your opinion about KAITO?
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The invalidation condition for this analysis was a daily candle close above the invalidation level, which did not occur.After sweeping the specified zone, the price dropped and reached our first target.
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t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔥 High profit futures and spot signals are published only on our Telegram
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.