$KIN - Target OVER 400%+
High Trame Frame Gap Fill to the downside of the range, KIN is proving to be resilient against even the local bear MAs. After the 400 Hr Moving Averages and 200 Hr Moving Averages the Bulls should be able to bring this to Valhalla.
After the Downside gap fill to the 0.0002, Bulls have stepped back in for the creation of bidding support on the FTX chart. Kins OVERALL Bullish momentum has been in tact than effectively since around the 0.00014900, creating the higher lows.
Currently, at the 2300th spot the bears do have the moving average resistances with a sell support wall around the 2500th. There's a good amount of volume increasing along with the price and after a slight pull back under the moving averages and bulls forcing their way through the local highs on the 1hr, It could happen with in the next couple of days. IF the bears can manage to keep them here or even push them back down to 2100th Than there is a deeper correction playing out over an even longer time frame. Minus Bulls Really stepping in at the 1900th point over the gap fill, they really need to step up here as well. Luckily as traders, we can take this with a tight stop loss and kind of play the largest gains to the upside.
Honestly, I see KIN going almost Parabolic once it clears the local levels of resistance :
target : 0.001 - over the next few weeks
Profit Take #1 - 0.0005
Profit Take #2 - 0.001
After the Downside gap fill to the 0.0002, Bulls have stepped back in for the creation of bidding support on the FTX chart. Kins OVERALL Bullish momentum has been in tact than effectively since around the 0.00014900, creating the higher lows.
Currently, at the 2300th spot the bears do have the moving average resistances with a sell support wall around the 2500th. There's a good amount of volume increasing along with the price and after a slight pull back under the moving averages and bulls forcing their way through the local highs on the 1hr, It could happen with in the next couple of days. IF the bears can manage to keep them here or even push them back down to 2100th Than there is a deeper correction playing out over an even longer time frame. Minus Bulls Really stepping in at the 1900th point over the gap fill, they really need to step up here as well. Luckily as traders, we can take this with a tight stop loss and kind of play the largest gains to the upside.
Honestly, I see KIN going almost Parabolic once it clears the local levels of resistance :
target : 0.001 - over the next few weeks
Profit Take #1 - 0.0005
Profit Take #2 - 0.001
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