BULLISH REVERSAL POSSIBILITIES FOR SPECIFIC TOKENS
#RDNT POSSIBLE SCENARIO: BULLISH REVERSAL IMMINENT?
If you're looking for an in-depth analysis of RDNT, then, you're in the right place.
Here's why.
Upon further review of RDNT, we have found out the possible bullish reversal of this token. Right now, RDNT is sitting at its bottom with an average RSI of 44. This indicates this token is almost close to being oversold. Such scenario of being undervalued will cause more eyes to observe this token. For the rest of the possibilities, it will still have its bearish impulsive waves. Albeit, this time, it will give its best probability for a strong bounce.
THIS TOKEN HAS BEEN RANGING FOR ALMOST A YEAR NOW AND IT IS BOUND TO DO THIS!
Always remember, every time a market does ranging movement. There will be a possible huge price movement.
The price action of #SFP has shown a movement of a ranging market structure. Initial key level of ranging market is .6365 and the final key level is 0.8544. Once this key level gets broken, a possible huge price action will occur. SFP is now done with its accumulation and we're looking forward to a continuation of its markup if no other issues with this token occurs.
#KAS POSSIBLE PRICE ACTION FOR ITS LONG-TERM PROSPECTS!
We're always looking at the long-term prospects for every token. This is what we've found out with KAS.
A rising wedge pattern has been formed in the longer timeframe. This could possibly lead to a temporary breakdown and a huge possibility of bouncing and breaking the major resistance.
The corrections that has happened from key levels 0.18 & 0.20 to 0.10 & 0.12 are considered to be healthy corrections. Hence, with these needed corrections and a possible another set of correction to happen up to 0.06-0.10. The bounce will be immense and most likely an extreme price surge will happen.
#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.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.