$KSM is currently developing a Cup & Handle pattern above the established support level. This pattern is a strong bullish signal, indicating the possibility of upward price movement upon breakout of the pattern.
POTENTIAL TARGET LEVEL🎯🔍
The previous swing high is identified as a potential target level to watch. When the price breaks the pattern, the possibility of price increase is very high.
IMPORTANT LEVELS💹
- Break of handle resistance: $33.7
- Slight reversal point: $35.5
- Price target: $43 - $45
BUY ORDER ENTRY POINT📈
Entry: $33.7 - $34
Take Profit 1 (TP1): $43.35
Take Profit 2 (TP2): $45
Stop Loss (SL): $29.23
🔔NOTE: Please manage your risk carefully and follow your trading plan. This is not investment advice and caution should be exercised when making decisions.🛑💹
Be careful and always monitor the market!
