KASUSDT at hourly support, likely to bounce to 0.039636

23 de jul. de 2023

The price has been rejected from weekly resistance and currently trading at hourly support. The price is likely to bounce here towards LTF resistance. Therefore a long trade is favorable here. The target of the trade should be 0.039636.

23 de jul. de 2023

Trade fechado manualmente

The price kind of went below the support and then bounce back, still keeping the trade alive. The price has then bounced and reached LTF resistance LTFR1. I was kind of hoping and targeting the top of that resistance zone but the price has started pulling back from the lower boundary of the resistance zone. It can still go inside that zone but do not like this drop. The idea was also to short from that resistance zone. Anyways long closed and looking for a short setup here.