#KAS STAYED TRUE TO ITS TRENDLINE: WHAT'S NEXT?
If you're looking for an in-depth analysis of KAS, then, you're in the right place.
Here's why.
KAS has once again experienced a significant 15.55% increase. This increase happened along its major trendline. The start of its support trendline is at 0.07916, next one at 0.09373, slightly below its major trendline at 0.10555, the fourth one was an attempt of an impulsive breakdown with a long wick at 0.12425 and last one up to date is the recent bounce from 0.14001. As for the major resistance trendlines, they're at 0.14946, slightly above its trendline at 0.18293, 3 points of resistances at 0.19081, 0.19691 & 0.20558. These highlighted key levels will surely play a crucial role to the next big move for KAS. Since almost every test of its support trendline has failed, we can safely assume that more than high levels of demand are awaiting on each impulsive downward movement of KAS. Indicating a potential continuation of its markup phase.
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