WaltonChain VS Bitcoin Approaching Key ResistanceAfter WaltonChain hit the low at 9475 satoshis, on the 29th of June, price started to move up slowly, and broke above the descending channel and the 50 Moving Average. Nevertheless, the consolidation started, where WTC/BTC managed to produce higher highs, and failed to go below the established low.
On a corrective move down, price did hit the 9700 satoshis, where it has rejected the 4/1 Gann Fan trendline, went up and yet again broke above the 50 Moving Average. Currently the MA is acting as the support, as well as the channel breakout level at 10744 satoshis.
If this support holds, WTC should go higher, towards the 38.2% Fibonacci resistance level, that is 12440 satoshis. This could be the key resistance for WaltonChain that would help to determine the destiny of the coin in the medium term.
Daily break and close above that resistance shoudl result in a trend reversal, for the medium and potentially long term. Although if the resistance is rejected, a consolation or a correctional move down is very likely.
On a downside, if price will close below 10744 level, WTC could decline down, to hit the 4/1 Gann Fan trendline. And, if it will be broken, the downtrend continuation could be the case.
KEY
self key to the major supporti have drawn the supports for selfkey
a good bounce from 220 or 180 is highly possible , the rsi on 4h is also below
shows its currently too much oversold and a good place to buy
ill update the targets to sell as the buyers are back
Selfkey (KEY) Falling Wedge (Trend Reversal?)Quick KEY update. Drawings on the chart...
--
Selfkey (KEY) took everybody by surprise a few days ago, when it had one of the biggest price increase we have seen in a while.
As it is the norm, everything that goes up, must come down and KEY did come down and is now testing support.
After testing support it went up, back down and now... Is it time for the next run?
You be the judge!
Note: This is not a trade advice.
Thank you for reading...
Namaste.
SelfKey (KEY) in descending triangleKEY has formed a descending triangle on H2 chart. Chances are it'll breakdown.
Key one more touch down...Key needs to test support again, we are currently on 4th wave down. one more wave down to complete retracement. strong support here.
$key #selfkey BullishEMA9 above SMA20. BB squueze. Bullish divergence. Target 450.
Not a financial advise.
$KEY SelfKey: THE FIFTH WAVETo be fully transparent let me admit that I'm brand new to the application of Elliot waves and for all i know this could be a poor candidate, however it does appear to at least fit within the key parameters of an impulse wave and is thus a possibility. I'll list this below but I'd also point out that the macd, stochastic rsi, accumulation/distribution are all turning north, so we should at least be in line to test 380 in the very near future.
The three
rules (of an impulse wave) are:
Wave 2 cannot retrace more than 100% of Wave 1.
Wave 3 can never be the shortest of waves 1, 3, and 5.
Wave 4 can never overlap Wave 1.
Obviously keep a close eye on this one or set your SL's in advance. We've seen what this can do in a short period of time. GLTA
KEY short term playALTS are sometimes good short term plays to gain BTC while btc is temporarily stable. This is a new coin but has a decent pattern forming.Hopefully BTC can remain stable for most of the day to allow this to play out.
KEY symmetrical patternlook at the same almost symmetrical pattern between the first spike and the second...the rise and decline is very simmilar to each other. entry point 315!
$KEY SelfKey: Here we go again!Let's hope this is the run we've all been waiting for -- although I'm not complaining bout recovering all those losses! Hoping we just may test our new high in the 900's today -- this cup and handle rebound is a good start. Will be watching!
Good luck!
KEYBTC - the next target is 942In the daily chart of the KEYBTC pair, if it follows the Elliott wave , the next target is around 942 if the wave 3 makes the ratio of 1:1.
KEY ready to moon again! After recent decent rally, the ABC correction is almost complete, so expect price to moon again!
Like and comment below!
Selfkey (KEY) Resistance Levels/Targets courtesy of Alan MastersHere are some targets for Selfkey (KEY):
(1) 0.00000486
(2) 0.00000540
(3) 0.00000572
(4) 0.00000609
(5) 0.00000685
(6) 0.00000731
(7) 0.00000807
(8) 0.00000895
(9) 0.00000967
(10) 0.00001080
Note: These are the levels at which KEY is likely to face resistance on the way up.
You can use these levels as reference to sell for profits.
This is not a trade advice.
Trade at your own risk.
Thanks a lot for reading.
Key vs BitcoinHello traders, Key is currently trading above a Support/Demand Zone
Todays Scalp Idea
Entries can be found now at 320 sats and inside our Blue box.
Targets at
365
410
440 - White box
Stop loss to be set at 270
Use proper risk management and happy trading.
Telegram link in Bio
BlockMason VS Bitcoin Upcoming ScenariosSince the beginning of May, when BlockMason Credit Protocol rejected the resistance at 6900 satoshis, it has lost over 46% to the Bitcoin. Currently BCPT/BTC is trading at 3860 satoshis, and this is 161.8% Fibonacci retracement applied to the corrective wave up after the ascending channel breakout.
Today price reached this support level and seem reject it, while starting to move slightly upwards. The current Fib support should play a key role in further price development and while it continues to be respected by the market, trend reversal is likely to take place.
On the other hand, daily break and close below 3860 sats should trigger yet another wave down, that should result in the decline towards next Fibonacci support level, that is 2600 satoshis.
$Key appears to be following my wildest dreams, join inWhile I agree this is the most optimistic outlook POSSIBLE (and mostly based on gut/minds eye), I'm forced to admit its at least somewhat feasible. I don't understand why $key is attracting such an insane amount of volume, but that kind of money makes an insane run like this possible. Might as well take a shot, right? It's a new coin with a lot of hype and all the attention in the market. And if not, then who cares... it's more 2018. Now get in there and make some money, kid!
$Key Perspective: Channeling nicely, building foundationWill add my thoughts once I have a minute to sit down and really think critically here. In the meantime here's a little something to show y'all where critical points might occur and what kind of resistance we'll be facing on the way up. Support is incredibly strong at ~475 and then again at 440. Buy opportunity if you're bold and on board.
I'll be back in a bit to have another look -- have patience and pray for abundant growth!
$KEY Selfkey: inverted H&S forming, possible reversal in sightWell volume or not, this has been one hell of a slide... so for those of you still HODL'ing I figured I'd share some hope. Even if $key doesn't hold this support above 310 there should still be a strong re-correction in the future. That H&S just might need to drop down a little more to finish forming. In the event it continues falling be sure to your stop losses at 280 or wherever you're comfortable in case we need to bail out. But if the market is truly turning then it's just a matter of time before people start to flock back to this guy. GLTA
$KEY: The Volume is nil, someone is shaking out weak sharesThis is due for an imminent correction based on metrics. I know some are probably in for a lot already and can't average down, but if you ditched earlier then now might be the time to reinvest. Remember this is why we take profits as we go up -- there are no guarantees when it comes to price action. GLTA
HODL like you got a pair.
$KEY SelfKey: ENCORE!I could be wrong, but i think I'm seeing the development of a 3rd breakout loop. Each time the RSI fell below that horizontal barrier on the RSI, KEY followed up with a 130% run upward. While that degree of success is unlikely from such a specific indicator and time interval, I did put it on the chart to give a glimpse at how it might form.
If we can attract the volume, it just might be possible the breakout isn't over yet. Buy a decent bag for storage at least and set your stop loss below the hard support there in green. GL
$KEY SelfKey: Do the bulls still have it?Big decision coming here for our cash cow as its triangle collapses into a squeeze point. I'm leaning towards further decline and consolidation, but I've got a SL at 465 in case this is what happens. Will revisit tonight if it does indeed falter.
KEY/ETH 1H - Hi,
BINANCE:KEYETH was really fast !
But now sellers are adjusting the next price.
I accept all advices, thank !
* This is not financial advice bla bla bla bla.....
