HEY, what's up guys and girls ?!
Since 03 Apr 2022, that I posted the last analysis for Klaytn it has been in a bear market until recently,
although I expect upward movement in past analysis, but we saw after breakout the triangle pattern ,
it massively slumped and even lost the support zone !
but today as you see on the weekly timeframe for KLAY/USDT , after a little consolidation phase on current support zone ,and revealing 2positive divergences(stoch and cci) , it has printed 2 bullish weekly candlestick , now I expect to continue its movement and rise more, so in order to reach the higher determined TPs in this case, it should be able to overcome the pivot zone and likewise the other higher resistance zones and test the VG zone or descending strandline !. but otherwise less likely can see the lower support lvls!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Since 03 Apr 2022, that I posted the last analysis for Klaytn it has been in a bear market until recently,
although I expect upward movement in past analysis, but we saw after breakout the triangle pattern ,
it massively slumped and even lost the support zone !
but today as you see on the weekly timeframe for KLAY/USDT , after a little consolidation phase on current support zone ,and revealing 2positive divergences(stoch and cci) , it has printed 2 bullish weekly candlestick , now I expect to continue its movement and rise more, so in order to reach the higher determined TPs in this case, it should be able to overcome the pivot zone and likewise the other higher resistance zones and test the VG zone or descending strandline !. but otherwise less likely can see the lower support lvls!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
