The width of the main external channel is 140%. Domestic about 50%. There was a false breakdown of the accumulation channel. Since the breakdown, the price has made + 55%. At the moment, an expanding triangle can form with a target of about + 180%.
Target, entry and areas
Everything is shown on the chart.
Under key support levels during your entry into the market.
I have been trading a pair since January 18. Pump coin. is gorgeous. In a short time, there were absolutely a lot of pumping prices for a large percentage. Hence a coin for active trading.
For about 3 months, the coin inside the horizontal channel is in a local uptrend. Over the 3 months, the profit was + 111% + 140% + 80% + 160%. Averaging an average of + 60-70% of 100% of each movement. From the first entry point, the minimum and maximum range is more than + 200%. Liquidity is average, but if the work is carried out on several exchanges, it is satisfactory.
The channel, potential pattern and zones are shown on the chart. Fixing prices above the channel may serve as confirmation of further growth. It is worth noting that up to the channel + 50%. Not overcoming this zone can serve as a price reduction to this important zone. Further, how the price will react to this .
Former trading ideas on this coin.
KIN pump coin. Breakthrough of the local downtrend line. January 23, 2020.
Each new movement in updates under trading ideas.
The result of work for 3 months on this pump.
+ 111% + 140% + 80% + 160%
Last trading idea for this coin. April 16, 2020.
KIN / ETH Channel 140% Coin Operated. Reversal zones.
Since the publication of the idea, the price has made + 55% (breakdown of the channel) or + 200% from the last update.
Also, after a false breakdown of the channel, the price reached a new potential entry point.
The impulse is strong + volume, it can act as the flagpole of the ascending pennant. Now the rollback is being drawn and the canvas of the potential pennant is being drawn. Entrance at the breakthrough of the local downtrend.
Further work on the instrument. Potential reversal area.